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^* (Corresponding Author), Rilwan Sakariyahu, Rodiat Lawal, Audrey Paterson, Folorunsho M. Ajide

^*Corresponding author for this work

Research output: Contribution to journal › Article › peer-review

1 Citation (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 language	English
Article number	104530
Number of pages	1
Journal	Finance Research Letters
Volume	58
Issue number	Part C
Early online date	5 Oct 2023
DOIs	https://doi.org/10.1016/j.frl.2023.104530
Publication status	Published - Dec 2023

Data Availability Statement

Data will be made available on request.

Keywords

Economic freedom
Energy poverty
Quality of life
Africa
Quantile regression

UN SDGs

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

Access to Document

10.1016/j.frl.2023.104530

Johan_etal_FRL_Does_Energy_Poverty_AAMAccepted author manuscript, 685 KBLicence: CC BY

https://www.sciencedirect.com/science/article/pii/S1544612323009029

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 - Paterson, Audrey

AU - Ajide, Folorunsho M.

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KW - Energy poverty

KW - Quality of life

KW - Africa

KW - Quantile regression

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