{"title":"Threshold effect in the relationship between external debt and energy access in sub-Saharan African countries: A dynamic panel threshold specification","authors":"Taha Zaghdoudi","doi":"10.1016/j.rspp.2024.100024","DOIUrl":null,"url":null,"abstract":"<div><p>This paper investigates the relationship between external debt and energy access in the Sub-Saharan African countries over the period 1999–2021. Results from the dynamic panel threshold method indicates that the link between external debt and energy access is nonlinear. Moreover, the findings reveal a statistically negative relationship between external debt and energy access above the threshold of 5.04 %, beyond which external debt reduces energy access in SSA countries. Besides, results indicate that economic growth and trade openness enhance access to electricity. However, renewable energy consumption decreases energy access. This paper upholds the view that external debt should be kept to a reasonable level in order to avert the opposite effect on energy access.</p></div>","PeriodicalId":45520,"journal":{"name":"Regional Science Policy and Practice","volume":null,"pages":null},"PeriodicalIF":1.7000,"publicationDate":"2024-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1757780224000593/pdfft?md5=f012def0e3bcf37953a4c9c459b71120&pid=1-s2.0-S1757780224000593-main.pdf","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Regional Science Policy and Practice","FirstCategoryId":"1085","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1757780224000593","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"GEOGRAPHY","Score":null,"Total":0}
引用次数: 0
Abstract
This paper investigates the relationship between external debt and energy access in the Sub-Saharan African countries over the period 1999–2021. Results from the dynamic panel threshold method indicates that the link between external debt and energy access is nonlinear. Moreover, the findings reveal a statistically negative relationship between external debt and energy access above the threshold of 5.04 %, beyond which external debt reduces energy access in SSA countries. Besides, results indicate that economic growth and trade openness enhance access to electricity. However, renewable energy consumption decreases energy access. This paper upholds the view that external debt should be kept to a reasonable level in order to avert the opposite effect on energy access.
期刊介绍:
Regional Science Policy & Practice (RSPP) is the official policy and practitioner orientated journal of the Regional Science Association International. It is an international journal that publishes high quality papers in applied regional science that explore policy and practice issues in regional and local development. It welcomes papers from a range of academic disciplines and practitioners including planning, public policy, geography, economics and environmental science and related fields. Papers should address the interface between academic debates and policy development and application. RSPP provides an opportunity for academics and policy makers to develop a dialogue to identify and explore many of the challenges facing local and regional economies.