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Energy efficiency investment in a developing economy: financial development and debt status implication

Purpose This study aims to assess financial development and debt status impact on energy efficiency in Nigeria as a developing economy. Design/methodology/approach This study combined the autoregressive distributed lag (ARDL), fully modified ordinary least squares and canonical cointegration regression analytical methods to estimate the parameters for energy efficiency policy recommendations. Secondary data between 1990 and 2020 were used for the analysis. Findings The result confirms the long-run nexus between energy efficiency, financial development and total debt stock. Furthermore, the ARD…

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    from http://www.afridev.org/RePEc/agd/agd-wpaper/Energy-Efficiency-Investment-in-a-Developing-Economy-Financial-Development-and-Debt-Status-Implication.pdf
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    SHA-256 e15b4e87ca50466f82d0aaf796449dc2397f786d5972c9fbf1b2cff0176e62d3
    from http://publications.excas.org/RePEc/exs/exs-wpaper/Energy-Efficiency-Investment-in-a-Developing-Economy-Financial-Development-and-Debt-Status-Implication.pdf