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 language | English |
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Article number | 104530 |
Number of pages | 10 |
Journal | Finance Research Letters |
Volume | 58 |
Issue number | Part C |
Early online date | 29 Sept 2023 |
DOIs | |
Publication status | Published - Dec 2023 |
Keywords
- Economic freedom
- Energy poverty
- Quality of life
- Africa
- Quantile regression
ASJC Scopus subject areas
- Finance