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  1. Turning the tide on energy poverty in sub-Saharan Africa
    does public debt matter?
    Published: [2023]
    Publisher:  African Governance and Development Institute, [Yaoundé]

    A popular theme in the literature is the examination of a variety of factors that contribute to energy poverty, but little is known about the connection between public debt and energy poverty, particularly for developing regions of the world. This... more

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    Verlag (kostenfrei)
    Verlag (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 524
    No inter-library loan

     

    A popular theme in the literature is the examination of a variety of factors that contribute to energy poverty, but little is known about the connection between public debt and energy poverty, particularly for developing regions of the world. This study clearly illustrates the nexus between public debt and energy poverty, focusing on thirty SSA nations from the years 2007 to 2018. In conjunction with disaggregated energy poverty variables such as urban electrification, national electricity access, rural electrification, access to clean cooking fuels, renewable energy utilization and output, a composite energy poverty index was developed using the principal component analysis and estimated in relation to public debt via the Instrumental Variable Generalized Method of Moments approach.Additionally, the effects of a debt threshold are taken into account and their implications for the region's energy poverty are assessed. The main finding of the study reveals that public debt has a positive and significant linear effect on the energy poverty index, national electricity access, urban electrification, rural electrification and access to clean cooking fuels while it reduces renewable energy production and utilization. Thus, our research contributes to the body of knowledge and offers policy recommendations for SSA's targeted reduction in energy poverty through sustainable public debt management.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: AGDI working paper ; WP/23, 041
    Subjects: Public Debt; Energy Poverty; Sub-Saharan Africa; Debt Threshold; Electricity Access
    Scope: 1 Online-Ressource (circa 29 Seiten)
  2. Myopic oligopoly pricing
    Published: March 2021
    Publisher:  Fondazione Eni Enrico Mattei, Milano, Italia

    This paper examines capacity-constrained oligopoly pricing with sellers who seek myopic improvements. We employ the Myopic Stable Set stability concept and establish the existence of a unique pure-strategy price solution for any given level of... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 125
    No inter-library loan

     

    This paper examines capacity-constrained oligopoly pricing with sellers who seek myopic improvements. We employ the Myopic Stable Set stability concept and establish the existence of a unique pure-strategy price solution for any given level of capacity. This solution is shown to coincide with the set of pure-strategy Nash equilibria when capacities are large or small. For an intermediate range of capacities, it predicts a price interval that includes the mixed-strategy support. This stability concept thus encompasses all Nash equilibria and offers a pure-strategy solution when there is none in Nash terms. In particular, it provides a behavioral rationale for different types of pricing dynamics, including real-world economic phenomena such as Edgeworth-like price cycles, price dispersion and supply shortages.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/233094
    Series: Working paper / Fondazione Eni Enrico Mattei ; 2021, 009
    Subjects: Electricity Access; Energy Demand; Rural Development; Bottom-up Modelling; Sub-Saharan Africa; Multi-sectoral Approach; Water-Energy-Food-Environment Nexus
    Scope: 1 Online-Ressource (circa 50 Seiten), Illustrationen
  3. Information diffusion and spillover dynamics in renewable energy markets
    Published: April 2021
    Publisher:  Fondazione Eni Enrico Mattei, Milano, Italia

    This paper examines capacity-constrained oligopoly pricing with sellers who seek myopic improvements. We employ the Myopic Stable Set stability concept and establish the existence of a unique pure-strategy price solution for any given level of... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 125
    No inter-library loan

     

    This paper examines capacity-constrained oligopoly pricing with sellers who seek myopic improvements. We employ the Myopic Stable Set stability concept and establish the existence of a unique pure-strategy price solution for any given level of capacity. This solution is shown to coincide with the set of pure-strategy Nash equilibria when capacities are large or small. For an intermediate range of capacities, it predicts a price interval that includes the mixed-strategy support. This stability concept thus encompasses all Nash equilibria and offers a pure-strategy solution when there is none in Nash terms. In particular, it provides a behavioral rationale for different types of pricing dynamics, including real-world economic phenomena such as Edgeworth-like price cycles, price dispersion and supply shortages.

     

    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/233095
    Series: Working paper / Fondazione Eni Enrico Mattei ; 2021, 010
    Subjects: Electricity Access; Energy Demand; Rural Development; Bottom-up Modelling; Sub-Saharan Africa; Multi-sectoral Approach; Water-Energy-Food-Environment Nexus
    Scope: 1 Online-Ressource (circa 39 Seiten), Illustrationen