Please use this identifier to cite or link to this item: http://dspace.iitrpr.ac.in:8080/xmlui/handle/123456789/4705
Full metadata record
DC FieldValueLanguage
dc.contributor.authorJain, P-
dc.contributor.authorBardhan, S-
dc.date.accessioned2024-07-14T12:05:27Z-
dc.date.available2024-07-14T12:05:27Z-
dc.date.issued2024-07-14-
dc.identifier.urihttp://dspace.iitrpr.ac.in:8080/xmlui/handle/123456789/4705-
dc.description.abstractAbstract Energy aid effectiveness is paramount for the timely achievement of Sustainable Development Goals (SDG)-7. However, the volatility of energy aid reduces its effectiveness. Given this, the paper empirically investigates the determinants of energy aid volatility and its renewable energy generation (REG) component for 76 aid-recipient countries during 2002–2019. By considering recipient and donor-specific factors, we also explore the linkages of all these factors with the direction of volatility, i.e., aid shortfalls and windfalls. Findings reveal that variations in energy/REG aid volatility reflect the recipient's macroeconomic and institutional characteristics more than donor-specific factors. Moreover, the impacts of all these factors vary across aid shortfalls and windfalls. Specifically, economic prosperity and aid dependency increase energy/REG aid volatility, infused by different directions of aid shocks. Contrarily, oil rents, political stability, and strong democracy reduce aid volatility. Multilateral donors provide more stable funding compared to bilateral donors. We also observe that donors provide stable REG aid in countries with inadequate renewable policies and clean development mechanism funding, playing a catalyst role in supporting institutionally weak countries in the renewable sector. We draw certain policy implications for donors and recipients to manage and mitigate the adverse consequences of volatile energy aid flows.en_US
dc.language.isoen_USen_US
dc.subjectSDG-7en_US
dc.subjectAid volatilityen_US
dc.subjectEnergy sector aiden_US
dc.subjectDeveloping countriesen_US
dc.subjectAid effectivenessen_US
dc.subjectClimate financeen_US
dc.titleSome factors of energy aid volatility across developing countries: A special focus on renewable sectoren_US
dc.typeArticleen_US
Appears in Collections:Year-2023

Files in This Item:
File Description SizeFormat 
Full Text.pdf1.07 MBAdobe PDFView/Open    Request a copy


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.