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Gualberti, G., Martins, L. F. & Bazilian, M. (2014). An econometric analysis of the effectiveness of development finance for the energy sector. Energy for Sustainable Development. 18 (1), 16-27
G. Gualberti et al., "An econometric analysis of the effectiveness of development finance for the energy sector", in Energy for Sustainable Development, vol. 18, no. 1, pp. 16-27, 2014
@article{gualberti2014_1724525364105, author = "Gualberti, G. and Martins, L. F. and Bazilian, M. ", title = "An econometric analysis of the effectiveness of development finance for the energy sector", journal = "Energy for Sustainable Development", year = "2014", volume = "18", number = "1", doi = "10.1016/j.esd.2013.11.009", pages = "16-27", url = "http://www.sciencedirect.com/science/article/pii/S097308261300104X" }
TY - JOUR TI - An econometric analysis of the effectiveness of development finance for the energy sector T2 - Energy for Sustainable Development VL - 18 IS - 1 AU - Gualberti, G. AU - Martins, L. F. AU - Bazilian, M. PY - 2014 SP - 16-27 SN - 0973-0826 DO - 10.1016/j.esd.2013.11.009 UR - http://www.sciencedirect.com/science/article/pii/S097308261300104X AB - Reaching the objective of universal access to modern energy services will require large investments in infrastructure in developing countries. An important part of funding will be provided in the form of development finance and its effectiveness in producing positive impacts is crucial for this achievement. This paper presents a panel analysis of the relationship between the installed capacity of electricity generation, the development finance committed for the energy sector, and the gross fixed capital formation. We tested four models with a large dataset and found development finance to have, in most cases, a positive influence on installed base ER -