Financial inclusion, natural disasters and energy poverty: Evidence from China

Zhichao Yin, Rui Wang and Xi Wu

Energy Economics, 2023, vol. 126, issue C

Abstract: Using China Family Panel Studies data, this paper examines how financial inclusion affects energy poverty in China. We find substantial evidence that financial inclusion has a significant impact on reducing all three measures of energy poverty. In particular, the positive role of financial inclusion on energy poverty reduction can be also found in the presence of natural disasters. Results are further substantiated by a set of robustness checks as well as an instrumental variable strategy and propensity score matching strategy to address for the potential self-selection bias. In the end, heterogeneous effects and the underlying mechanism are explored.

Keywords: Financial inclusion; Natural disasters; Energy poverty (search for similar items in EconPapers)
JEL-codes: D12 I32 Q41 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:eneeco:v:126:y:2023:i:c:s014098832300484x

DOI: 10.1016/j.eneco.2023.106986

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