A comprehensive analysis of the correlation between foreign aid and energy security in emerging countries: Does institutional quality matter?

Hương, Trần Thị Lan; Ha, Le Thanh

doi:10.1016/j.eap.2023.01.007

Cited by 13 publications

(1 citation statement)

References 64 publications

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“…In this context, the current study is another attempt to find out the impact of INQ on renewable and nonrenewable energy consumption. Huong and Ha (2023) arranged an empirical on 17 emerging economies and investigated the relevant role of foreign aid in energy security and how INQ changes this relationship. The findings of their study reveal that more dependency on foreign aid can threaten the energy systems specifically at an early age of economic development.…”

Section: Literature Reviewmentioning

confidence: 99%

How does institutional quality determine energy consumption? Empirical evidence from the South Asia region

Tabash,

Farooq,

Ahmed

2023

MEQ

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Purpose Due to an increase in energy demands, it has become vital to devise efficient energy policies. Literature has suggested multiple factors influencing the consumption of specific energy types. Among others, institutional quality (INQ) is another factor that can determine energy consumption. Given this, the current study aimed to investigate the impact of INQ on fossil fuel energy (FFE) and renewable energy consumption (REC).Design/methodology/approach The empirical analysis was conducted on 20 years (2000–2019) of data from South Asian economies, and regression among variables was established by employing the dynamic ordinary least square and fully modified ordinary least square models. The selection of both techniques is subject to the existence of cointegration identified by the Johansen cointegration test. Other pre-estimation techniques include cross-section dependence and unit root testing validating the estimation of coefficients in the long run.Findings The analysis mainly reveals the negative impact of INQ on FFE and the positive impact of INQ on REC. The authors further find the asymmetric impact of control variables including foreign direct investment inflow, economic growth, inflation rate, financial sector development and energy investment on the consumption of both types of energy.Research limitations/implications Given the positive influence of INQ on REC, it is recommended to focus on improving the efficiency of institutions specifically those that are directly linked with energy-related policies. A better INQ can ensure environmental sustainability by enhancing the consumption of renewable energy. Therefore, it is advised to exert more efforts to improve the INQ.Practical implications In view of the positive influence of INQ on REC, it is recommended to focus on improving the efficiency of institutions specifically that are directly linked with energy-related policies. A better INQ can ensure environmental sustainability by enhancing the consumption of renewable energy. Therefore, it is advised to exert more efforts for improving the INQ.Originality/value This study offers robustness to the empirical findings of existing literature on the INQ-REC nexus and complements the underdeveloped literature on the INQ-FFE relationship.

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Section: Literature Reviewmentioning

confidence: 99%

How does institutional quality determine energy consumption? Empirical evidence from the South Asia region

Tabash,

Farooq,

Ahmed

2023

MEQ

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Energy security indicators for sustainable energy development: Application to electricity sector in the context of state economic decisions

Karpavicius,

Balezentis,

Streimikiene

2024

Sustainable Development

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This paper discusses the interlinkages between energy security indicators and government economic interventions in the electricity sector. The research was carried out using a systematic literature review and comparative analysis and was mainly based on qualitative criteria. Following a literature review and data analysis, the paper identifies 65 energy security indicators (from over 300 possible indicators) that are relevant for the electricity sector. The work also highlights the indicators of energy security on which the state's economic decisions have a direct and indirect effect. This is the basis of the scientific novelty and relevance of this study. The paper highlights the role of public economic policy in the domain of energy security (including energy supply, reliability and affordability). This research helps to show how different parts of energy safety in the electricity field are connected. It shows how government economic choices can have both direct and indirect effects on energy outcomes, helping us understand the complex ways policies and energy results relate to each other. The paper argues that state interventions in areas such as public support for promotion of renewable energy sources and energy efficiency gains, and energy price regulation exert a significant effect on energy security in the electricity sector. The paper also examines the theoretical issues underpinning the definition, dimensions and assessment of energy security. Possible trade‐offs between economic growth and energy security are discussed drawing attention to the importance of a balanced approach to formulation of economic policy. The study also argues that state economic decisions play a crucial role in shaping energy security in the electricity sector and stresses the topicality of a better ability to fathom the potential outcomes of these decisions. The comprehensive analysis of 65 energy security indicators presented in this paper gives valuable insights for both analysts and decision makers. The analysis confirms the importance of a nuanced approach in measuring and combining these indicators into policymaking (for governments, industry leaders, scientists, researchers, NGOs) to enhance the overall effectiveness and sustainability of energy security policies in the electricity sector. The findings suggest that policies promoting renewable energy, energy efficiency and diversification are key to achieving a stable and sustainable electricity supply, urging further research incorporating dynamic models and data analytics for comprehensive energy security strategies.

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Welfare influences of green energy volatility in Vietnam: new evidence from an extended TVP-VAR approach

2023

Environ Sci Pollut Res

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A comprehensive analysis of the correlation between foreign aid and energy security in emerging countries: Does institutional quality matter?

Cited by 13 publications

References 64 publications

How does institutional quality determine energy consumption? Empirical evidence from the South Asia region

How does institutional quality determine energy consumption? Empirical evidence from the South Asia region

Energy security indicators for sustainable energy development: Application to electricity sector in the context of state economic decisions

Welfare influences of green energy volatility in Vietnam: new evidence from an extended TVP-VAR approach

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