Financial Knowledge’s Role in Portuguese Energy Literacy

Ana Martins, Mara Madaleno and Marta Ferreira Dias ()
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Ana Martins: Research Unit on Governance, Competitiveness and Public Policies (GOVCOPP), Department of Economics, Management, Industrial Engineering and Tourism (DEGEIT), University of Aveiro, Campus Universitário de Santiago, 3810-193 Aveiro, Portugal
Mara Madaleno: Research Unit on Governance, Competitiveness and Public Policies (GOVCOPP), Department of Economics, Management, Industrial Engineering and Tourism (DEGEIT), University of Aveiro, Campus Universitário de Santiago, 3810-193 Aveiro, Portugal

Energies, 2020, vol. 13, issue 13, 1-22

Abstract: Energy literacy is a concept which is not widely known by the public; however, it has captured the attention of several researchers in recent years. Concerning the assessment of energy and financial knowledge and people’s attitudes, intentions and behavior, it provides a global view of people’s knowledge, feelings, concerns and habits related to energy usage. Since energy is such an important resource in our daily lives, we can hardly imagine living without it. Moreover, considering that its production often requires the use of limited resources and leads to the worsening of already existing environmental problems, finding ways to alert consumers to the efficient management of their consumption is an urgent need. Therefore, in this article, we aimed to evaluate energy literacy levels, considering all the dimensions mentioned above, and search for the determinants of these levels. As an added novelty, we also aimed to determine the role of financial knowledge on energy literacy dimensions. After distributing a questionnaire to the university community in Portugal, we found good levels of energy literacy, despite moderate levels of energy and financial knowledge. Gender seems to be a determinant of all energy literacy dimensions, and financial knowledge has a positive and significant impact on energy knowledge.

Keywords: energy-related knowledge; financial knowledge; attitude; behavior; Portuguese energy literacy (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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