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Financial development and energy poverty: global evidence
Environmental Science and Pollution Research ( IF 5.8 ) Pub Date : 2021-03-05 , DOI: 10.1007/s11356-021-13038-x
Canh Phuc Nguyen 1 , Thanh Dinh Su 1 , Tung Duy Bui 2 , Van Thi Bach Dang 1 , Binh Quang Nguyen 3
Affiliation  

This study aims to shed light on the determinants of energy poverty by examining the role of financial development. Notably, the study analyses the multidimensional effects of financial development (including two subsectors and three dimensions on five indicators of energy poverty). Various estimates are applied with a global sample of 65 economies, consisting of 36 low- and lower-middle-income economies and 29 upper-middle-income economies for 2002–2015. First, financial development can alleviate energy poverty. Second, the results are properly consistent across the two subsectors and three dimensions. Third, the two subsectors and three dimensions of financial development are found to reduce energy poverty in low- and lower-middle-income economies but have heteroscedastic effects in upper-middle-income economies.



中文翻译:

金融发展与能源贫困:全球证据

本研究旨在通过研究金融发展的作用来阐明能源贫困的决定因素。值得注意的是,该研究分析了金融发展的多方面影响(包括两个子行业和三个方面对五个能源贫困指标的影响)。对65个经济体的全球样本进行了各种估算,这些经济体包括2002-2015年的36个中低收入和中低收入经济体和29个中上收入经济体。首先,金融发展可以减轻能源贫困。第二,结果在两个子行业和三个维度上是适当一致的。第三,这两个部门和金融发展的三个维度被发现可以减少低收入和中低收入国家的能源贫困,但在中高收入经济体中具有不同的随机影响。

更新日期:2021-03-05
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