The Role of Natural Resource Wealth and National-Level Economic Forces in Energy Poverty Intensity in African Economies
Abstract
Despite
the
overwhelming
natural
resource
endowments
and
economic
progression
of
Africa,
continent
happens
to
be
world’s
poorest
energy
source
in
terms
availability,
affordability,
accessibility
for
basic
human
needs.
Consequently,
this
paper
examined
contributions
rents
homogenous
factors
poverty
intensity
26
African
countries
between
1990
2023.
Methodologically,
method
moments
quantile
regression
approach
was
employed
deriving
study’s
main
inferences.
Also,
dynamic
common
correlated
estimation
technique
applied
robustness.
Empirically,
demonstrated
that
economies
with
relatively
high
levels
intensity,
have
a
weak
effect
propelling
former.
However,
are
more
important
exacerbate
moderate
severity
than
those
low
intensity.
As
national-level
factor,
while
income
has
an
insignificant
irrespective
economies,
public
outlay
substantially
aggravates
across
all
classifications
by
same
magnitude.
infrastructure
development
reduced
severity,
followed
high-intensity
nations.
population
growth’s
adverse
impact
most
dominant
low-energy-poverty-intense
countries,
medium-
high-energy-poverty-severe
economies.
Applicable
policy
measures
were
proposed
study.
JEL
Classification:
O13,
O55,
Q43.

Research Square (Research Square), Journal Year: 2025, Volume and Issue: unknown
Published: Jan. 6, 2025
Language: Английский