{"title":"Transitionning and the trinity nexus: Scenarios from a small country","authors":"","doi":"10.1016/j.jpolmod.2024.05.004","DOIUrl":null,"url":null,"abstract":"<div><p>The energy issue in both developed and developing countries remains vital. However, in developing countries, energy pressure is much greater. Despite this, few studies have examined credit, entrepreneurship, and energy transition in developing countries. We addressed this research gap by using the data collected from six regions in Burkina Faso. Employing the multivariate probit and the endogenous switching probit model<span>, three scenarios are explored. We find that entrepreneurship promotes energy transition while access to credit is not useful to the energy transition. However, the joint effect of access to credit and entrepreneurship is 4 times higher for solar PV use and 3 times for biogas adoption. Access to credit promotes the energy transition when credit is devolved to the entrepreneur supporting the trinity rather than the trilemma.</span></p></div>","PeriodicalId":48015,"journal":{"name":"Journal of Policy Modeling","volume":null,"pages":null},"PeriodicalIF":3.5000,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Policy Modeling","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0161893824000450","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
The energy issue in both developed and developing countries remains vital. However, in developing countries, energy pressure is much greater. Despite this, few studies have examined credit, entrepreneurship, and energy transition in developing countries. We addressed this research gap by using the data collected from six regions in Burkina Faso. Employing the multivariate probit and the endogenous switching probit model, three scenarios are explored. We find that entrepreneurship promotes energy transition while access to credit is not useful to the energy transition. However, the joint effect of access to credit and entrepreneurship is 4 times higher for solar PV use and 3 times for biogas adoption. Access to credit promotes the energy transition when credit is devolved to the entrepreneur supporting the trinity rather than the trilemma.
期刊介绍:
The Journal of Policy Modeling is published by Elsevier for the Society for Policy Modeling to provide a forum for analysis and debate concerning international policy issues. The journal addresses questions of critical import to the world community as a whole, and it focuses upon the economic, social, and political interdependencies between national and regional systems. This implies concern with international policies for the promotion of a better life for all human beings and, therefore, concentrates on improved methodological underpinnings for dealing with these problems.