Threshold effect in the relationship between external debt and energy access in sub-Saharan African countries: A dynamic panel threshold specification

IF 1.7 Q2 GEOGRAPHY
Taha Zaghdoudi
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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.

撒哈拉以南非洲国家外债与能源获取之间关系的阈值效应:动态面板阈值规范
本文研究了 1999-2021 年间撒哈拉以南非洲国家的外债与能源获取之间的关系。动态面板阈值法的结果表明,外债与能源获取之间的关系是非线性的。此外,研究结果表明,在 5.04%的临界值以上,外债与能源获取之间在统计上呈负相关,超过这一临界值,外债会降低撒哈拉以南非洲国家的能源获取。此外,研究结果表明,经济增长和贸易开放度提高了电力供应。然而,可再生能源消费会降低能源获取率。本文认为,外债应保持在合理的水平,以避免对能源获取产生相反的影响。
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来源期刊
CiteScore
3.60
自引率
5.90%
发文量
92
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.
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