Scientific journal paper Q1
An econometric analysis of the effectiveness of development finance for the energy sector
Guido Gualberti (Gualberti, G.); Luís Martins (Martins, L. F.); Morgan Bazilian (Bazilian, M. );
Journal Title
Energy for Sustainable Development
Year (definitive publication)
2014
Language
English
Country
Netherlands
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Abstract
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
Acknowledgements
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Keywords
International aid; Energy access; Aid effectiveness
  • Environmental Engineering - Engineering and Technology

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