The moderating role of remittances in the energy security-poverty nexus in developing countries
Yogeeswari Subramaniam,
Nanthakumar Loganathan and
Thirunaukarasu Subramaniam
Utilities Policy, 2023, vol. 84, issue C
Abstract:
Even though the existing studies have been investigating the impact of poverty on energy security, the literature overlooks the moderating mechanism of the energy security-poverty nexus. This study examines the role of remittances in moderating the energy security-poverty nexus in 50 developing countries from 2014 to 2020 to fill these gaps. Applying the Generalized Method of Moments (GMM), the results provide supportive evidence that remittances play a role in mitigating the negative impact of poverty on energy security. The negative effect of three poverty levels, namely incomes of $1.90 per day, $3.20 per day, and $5.50 per day, declines as a country's remittance level rises. As a result, this study justifies the need to promote more inflow of remittances, which will reduce poverty levels, increase energy access, and contribute to energy security.
Keywords: Energy security; Poverty; Remittances; Developing countries (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0957178723001674
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:juipol:v:84:y:2023:i:c:s0957178723001674
DOI: 10.1016/j.jup.2023.101655
Access Statistics for this article
Utilities Policy is currently edited by Beecher, Janice
More articles in Utilities Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().