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

Sofia Johan; Rilwan Sakariyahu; Rodiat Lawal; Audrey Paterson; Folorunsho M. Ajide

doi:10.1016/j.frl.2023.104530

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 journal › Article › peer-review

6 Citations (Scopus)

107 Downloads (Pure)

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
Article number	104530
Number of pages	10
Journal	Finance Research Letters
Volume	58
Issue number	Part C
Early online date	29 Sept 2023
DOIs	https://doi.org/10.1016/j.frl.2023.104530
Publication status	Published - Dec 2023

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 7 Affordable and Clean Energy

Keywords

Economic freedom
Energy poverty
Quality of life
Africa
Quantile regression

ASJC Scopus subject areas

Finance

Access to Document

10.1016/j.frl.2023.104530Licence: Elsevier User Licence

Author Accepted ManuscriptAccepted author manuscript, 522 KBLicence: CC BY-NC-ND

Cite this

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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.",

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AU - Johan, Sofia

AU - Sakariyahu, Rilwan

AU - Lawal, Rodiat

AU - Paterson, Audrey

AU - Ajide, Folorunsho M.

PY - 2023/12

Y1 - 2023/12

N2 - 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.

AB - 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.

KW - Economic freedom

KW - Energy poverty

KW - Quality of life

KW - Africa

KW - Quantile regression

UR - https://www.scopus.com/pages/publications/85173253300

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JF - Finance Research Letters

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ER -

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

Abstract

UN SDGs

Keywords

ASJC Scopus subject areas

Access to Document

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