通过普惠金融反思能源减贫：机构质量和气候变化风险重要吗？

IF 3.8 3区经济学 Q3 ENERGY & FUELS

Utilities Policy Pub Date : 2024-09-12 DOI:10.1016/j.jup.2024.101820

Isaiah Maket

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引用次数: 0

摘要

本文的主要目的是确定普惠金融对能源减贫的影响。本文还利用 2004 年至 2021 年 34 个撒哈拉以南非洲国家的平衡面板数据，探讨了机构质量和气候变化风险是否会显著影响普惠金融与能源减贫之间的联系。来自 Discroll-Kraay 固定效应和两步工具变量广义矩法（2SIV-GMM）的证据描绘了普惠金融对能源减贫的异质性影响，表明普惠金融在低收入国家的作用大于中低收入国家。此外，研究结果还表明，制度质量对普惠金融-能源减贫关系具有显著的积极调节作用，而气候变化风险则具有不利影响。尽管如此，动态面板阈值回归结果显示了金融包容性、制度质量和气候变化风险对能源减贫的阈值效应。本文认为，分配绿色资源的金融法规将有助于减轻撒哈拉以南非洲的能源贫困。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Rethinking energy poverty alleviation through financial inclusion: Do institutional quality and climate change risk matter?

The main aim of this paper is to determine the impact of financial inclusion on energy poverty alleviation. It also interrogates whether institutional quality and climate change risk significantly influence the financial inclusion-energy poverty alleviation link using balanced panel data from 34 Sub-Saharan African countries from 2004 to 2021. Evidence from Discroll-Kraay Fixed Effects and Two-Step Instrumental Variable Generalized Method of Moments (2SIV-GMM) depicts heterogeneous energy poverty-alleviating impact of financial inclusion, demonstrating that financial inclusion is more instrumental in lower-income than lower-middle-income countries. Also, the results indicate a significant positive moderating role of institutional quality and a detrimental effect of climate change risk on financial inclusion-energy poverty alleviation nexus. Nevertheless, Dynamic Panel Threshold Regression results reveal threshold effects of financial inclusion, institutional quality, and climate change risk on energy poverty alleviation. The paper professes that financial regulations in allocating green resources would aid in alleviating energy poverty in Sub-Saharan Africa.

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来源期刊

Utilities Policy ENERGY & FUELS-ENVIRONMENTAL SCIENCES

CiteScore

6.80

自引率

10.00%

发文量

审稿时长

66 days

期刊介绍： Utilities Policy is deliberately international, interdisciplinary, and intersectoral. Articles address utility trends and issues in both developed and developing economies. Authors and reviewers come from various disciplines, including economics, political science, sociology, law, finance, accounting, management, and engineering. Areas of focus include the utility and network industries providing essential electricity, natural gas, water and wastewater, solid waste, communications, broadband, postal, and public transportation services. Utilities Policy invites submissions that apply various quantitative and qualitative methods. Contributions are welcome from both established and emerging scholars as well as accomplished practitioners. Interdisciplinary, comparative, and applied works are encouraged. Submissions to the journal should have a clear focus on governance, performance, and/or analysis of public utilities with an aim toward informing the policymaking process and providing recommendations as appropriate. Relevant topics and issues include but are not limited to industry structures and ownership, market design and dynamics, economic development, resource planning, system modeling, accounting and finance, infrastructure investment, supply and demand efficiency, strategic management and productivity, network operations and integration, supply chains, adaptation and flexibility, service-quality standards, benchmarking and metrics, benefit-cost analysis, behavior and incentives, pricing and demand response, economic and environmental regulation, regulatory performance and impact, restructuring and deregulation, and policy institutions.