Does energy poverty moderate the impact of economic freedom on the quality of life in Africa? A panel quantile via moment approach

Sofia Johan (Lead / Corresponding author), Rilwan Sakariyahu, Rodiat Lawal, Audrey Paterson, Folorunsho M. Ajide

    Research output: Contribution to journalArticlepeer-review

    2 Citations (Scopus)

    Abstract

    We examine the interactive effects of economic freedom and energy poverty across different conditional distributions on the quality of life in Africa. We find that free market economies with adequate supplies of electricity significantly improves the quality of life in the region. The effectiveness of economic freedom policy and access to electricity is more noticeable among countries with a lower quality of life, which suggests that if the qualities of institutions in poor African countries were strengthened and there were a constant supply of energy, the vast majority of Africans would prosper.
    Original languageEnglish
    Article number104530
    Number of pages10
    JournalFinance Research Letters
    Volume58
    Issue numberPart C
    Early online date29 Sept 2023
    DOIs
    Publication statusPublished - Dec 2023

    Keywords

    • Economic freedom
    • Energy poverty
    • Quality of life
    • Africa
    • Quantile regression

    ASJC Scopus subject areas

    • Finance

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