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Remittance Inflows and Energy Transition of the Residential Sector in Developing Countries
The energy transition is crucial for the United Nations’ Sustainable Development Goal 7 (affordable and clean energy). As remittances account for a significant share of household incomes in developing countries, they may be associated with the energy transition from low-efficiency residential fuels (e.g., coal and wood) to high-efficiency residential fuels (e.g., gas and electricity). This study examines the association between remittances and residential energy transition in developing countries by employing a pooled mean group autoregressive distributed lag (PMG-ARDL) model for 27 developing nations from 1995 to 2018. The results indicate that a 1% increase in remittances (ratio to GDP) is associated with a 0.24% increase in the share of high-efficiency energy sources in residential energy consumption in the long run.
Remittance Inflows and Energy Transition of the Residential Sector in Developing Countries
The energy transition is crucial for the United Nations’ Sustainable Development Goal 7 (affordable and clean energy). As remittances account for a significant share of household incomes in developing countries, they may be associated with the energy transition from low-efficiency residential fuels (e.g., coal and wood) to high-efficiency residential fuels (e.g., gas and electricity). This study examines the association between remittances and residential energy transition in developing countries by employing a pooled mean group autoregressive distributed lag (PMG-ARDL) model for 27 developing nations from 1995 to 2018. The results indicate that a 1% increase in remittances (ratio to GDP) is associated with a 0.24% increase in the share of high-efficiency energy sources in residential energy consumption in the long run.
Remittance Inflows and Energy Transition of the Residential Sector in Developing Countries
Anil Shrestha (author) / Makoto Kakinaka (author)
2022
Article (Journal)
Electronic Resource
Unknown
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