Electrifying solutions: Can power sector aid boost economic growth and development?

Energy for Sustainable Development

Volumn 16, Issue 1, 2012, Pages 26-34

  Welle Strand, Anne ^a   Ball, Graeme ^a   Hval, Mariann Viksaas ^a   Vlaicu, Monica ^a  

^a BI NORWEGIAN BUSINESS SCHOOL   (Norway)

Author keywords

Aid; Development; Economic growth; Electricity; Neoclassical growth theory; Norway

Indexed keywords

DEVELOPING COUNTRIES; ECONOMICS; ELECTRIC UTILITIES; ELECTRICITY;

DEVELOPMENT; ECONOMIC GROWTHS; ELECTRICITY-CONSUMPTION; GROWTH MODELING; GROWTH THEORY; NORWAY; PANEL DATA ANALYSIS; POVERTY ALLEVIATION;

ECONOMIC AND SOCIAL EFFECTS;

AID; DEVELOPING WORLD; ECONOMIC DEVELOPMENT; ECONOMIC GROWTH; ELECTRICITY; ELECTRIFICATION; MODELING; NEOCLASSICAL THEORY;

NORWAY;

EID: 84858334276     PISSN: 09730826     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.esd.2011.11.001     Document Type: Article

References (53)

1. Adams J.R.H. Economic growth, inequality and poverty: estimating the growth elasticity of poverty. World Dev 2004, 32(12):1989-2014.
2. Akinlo A.E. Electricity consumption and economic growth in Nigeria: evidence from co-integration and co-feature analysis. J Policy Model 2009, 31(5):681-693.
3. Alam S. Economic growth with energy. MPRA Paper 1260, Munich 2006.
4. Altinay G., Karagol E. Electricity consumption and economic growth: evidence from Turkey. Energy Econ 2005, 27(6):849-856.
5. Bourguignon F. The growth elasticity of poverty reduction: explaining heterogeneity across countries and time periods. Inequality and growth: theory and policy implications 2003, 2-26. MIT Press, Cambridge, Massachusetts. T. Eicher, S. Turnovsky (Eds.).
6. Chen S., Ravallion M. Measuring pro-poor growth. Econ Lett 2003, 78(1):93-99.
7. Donaldson J. Growth is good for whom, when, how? Economic growth and poverty reduction in exceptional cases. World Dev 2008, 36(11):2127-2143.
8. Dollar D., Kraay A. Growth is good for the poor. J Econ Growth 2002, 7(3):195-225.
9. Energy Information Administration International Energy Outlook 2010 accessed: 9 March 2011. http://www.eia.gov/oiaf/ieo/pdf/0484(2010).pdf.
10. Ferguson R., Wilkinson W., Hill R. Electricity use and economic development. Energy Policy 2000, 28(13):923-934.
11. Foster V., Briceño-Garmendia C. Africa's infrastructure - a time for transformation 2010, Agence Française de Développement and The World Bank, Washington D.C.
12. Ghosh S. Electricity consumption and economic growth in India. Energy Policy 2002, 30(2):125-129.
13. Gujarati D. Basic econometrics 2003, McGraw-Hill, New York. fourth ed.
14. Hoeffler A.E. The augmented solow model and the African growth debate. Oxf Bull Econ Stat 2002, 64(2):135-158.
15. International Energy Agency World energy outlook accessed: 9 March 2011. http://www.iea.org/textbase/nppdf/free/2000/weo2002.pdf.
16. International Energy Agency World energy outlook: executive summary accessed: 10 March 2011. http://www.worldenergyoutlook.org/docs/weo2010/WEO2010_ES_English.pdf.
17. International Energy Agency World energy outlook 2011: Electricity access Database accessed 21 October 2011. http://www.iea.org/weo/docs/weo2011/other/Energy_Poverty/WEO-2011_new_Electricity_access_Database.xls.
18. International Energy Agency Key World Energy Statistics 2011 accessed: 4 September 2011. http://www.iea.org/textbase/nppdf/free/2011/key_world_energy_stats.pdf.
19. Jumbe C.B.L. Cointegration and causality between electricity consumption and GDP: empirical evidence from Malawi. Energy Econ 2004, 26(1):61-68.
20. Kakwani N., Pernia E. What is pro-poor growth?. Asian Dev Rev 2000, 18(1):1-16.
21. Kakwani N., Son H. Global estimates of pro-poor growth. World Dev 2008, 36(6):1048-1066.
22. Klasen S. Economic growth and poverty reduction: measurement issues using income and non-income indicators. World Dev 2008, 36(3):420-445.
23. Kraay A. When is growth pro-poor? Evidence from a panel of countries. J Dev Econ 2006, 80(1):198-227.
24. Mankiw N.G., Romer D., Weil D.N. A contribution to the empirics of economic growth. Q J Econ 1992, 107(2):407-437.
25. Norad State-of-the-art study: the long-term effects of assistance to the power sector 2006, Norad Publications.
26. Norad Norwegian aid works - but not well enough. The results of Norway's international development cooperation 2007, Norad Publications.
27. Norad Clean energy for development 2009, Norad Publications.
28. Norad Norwegian development assistance to rural electrification. Best practice guide for planning 2009, accessed: 5 July 2011. http://www.norad.no/en/Tools-and-publications/Publications/Publication-Page?key=156210.
29. Norad Results report - aid and economic development: ripples in the water or a drop in the ocean? accessed: 4 June 2011. http://www.norad.no/en/tools-and-publications/publications/publication-page?key=159028.
30. Norad Leveraging private investment to clean energy projects: a guidance note for Norwegian development assistance accessed: 8 September 2011. http://www.norad.no/en/tools-and-publications/publications/publication-page?key=197936.
31. Norad Norwegian support to the Liberian energy sector: baseline study and RBM system accessed: 24 June 2011. http://www.norad.no/en/Tools-and-publications/Publications/Publication-Page?key=324231.
32. Norfund Report on operations accessed: 8 June 2011. http://norfund.no/images/stories/annual_reports/Report_on_operations_2010.pdf.
33. Norfund Annual Report 2010 accessed: 8 June 2011. http://norfund.no/images/stories/annual_reports/Annual_report_2010.pdf.
34. Norwegian Ministry of Foreign Affairs and Norad Initiative for clean energy in development cooperation - action plan 2009-2012 accessed: 18 October 2010. http://www.norad.no/en/_binary?download=true&id=49949.
35. Norwegian Ministry of Foreign Affairs Greater focus on climate change and renewable energy in poor countries accessed: 28 October 2011. http://www.regjeringen.no/en/dep/ud/press/news/2011/pm_sb_climate.html?id=659484.
36. Nygaard I. The compatibility of rural electrification and promotion of low-carbon technologies in developing countries - the case of Solar PV for Sub-Saharan Africa. Eur Rev Energy Mark 2009, 3(2):1-34.
37. Odhiambo N.M. Electricity consumption and economic growth in South Africa: a trivariate causality test. Energy Econ 2009, 31(5):635-640.
38. Parshall L., Pillai D., Mohan S., Sanoh A., Modi V. National electricity planning in settings with low pre-existing grid coverage: development of a spatial model and case study of Kenya. Energy Policy 2009, 37(6):2395-2410.
39. Reuters Norway plans billion-dollar clean energy initiative for poor accessed: 3 September 2011. http://www.reuters.com/article/2011/05/24/us-climate-norway-idUSTRE74N3KO20110524.
40. Roemer M., Gugerty M.K. Does economic growth reduce poverty? CAER II Discussion papers 1997, Harvard University, Cambridge, Massachusetts.
41. SN Power SN Power Peru wins two awards for their CSR program accessed: 15 June 2011. http://www.snpower.com/news-room/2009/SN_Power_Peru_wins_two_awards_for_their_CSR_Program.aspx.
42. Solow R.M. A contribution to the theory of economic growth. Q J Econ 1956, 70(1):65-94.
43. Solow R.M. Technical change and the aggregate production function. Rev Econ Stat 1957, 39(3):312-320.
44. Squalli J. Electricity consumption and economic growth: bounds and causality analyses of OPEC members. Energy Econ 2007, 29(6):1192-1205.
45. Todaro M.P., Smith S.C. Economic development 2006, Pearson Addison Wesley. ninth ed.
46. Wamukonya N. Solar home system electrification as a viable technology option for Africa's development. Energy Policy 2007, 35(1):6-14.
47. White Paper Report no. 13 to the storting (2008-2009): climate, conflict and capital 2009, accessed 21 June 2011. http://www.regjeringen.no/pages/2171591/PDFS/STM200820090013000EN_PDFS.pdf.
48. Winkler H., Simões A.F., Lèbre la Rovere E., Alam M., Rahman A., Mwakasonda S. Access and affordability of electricity in developing countries. World Dev 2011, 39(6):1037-1050.
49. Wolde-Rufael Y. Electricity consumption and economic growth: a time series experience for 17 African countries. Energy Policy 2006, 34(10):1106-1114.
50. World Bank Getting electricity. A pilot indicator set from the doing business project accessed 18 March 2011. http://www.doingbusiness.org/Documents/GettingElectricity_pilot_indicator_project.pdf.
51. Yoo S.H. The causal relationship between electricity consumption and economic growth in the ASEAN countries. Energy Policy 2006, 34(18):3573-3582.
52. Zachariadis T. On the exploration of causal relationships between energy and the economy discussion paper 2006, Department of Economics University of Cyprus, Larnaca.
53. Zachary G.P. Business in Africa: booming, but trade barriers still high. The Christian Science Monitor, August 2nd 2010 accessed 15 July 2011. http://www.csmonitor.com/World/Africa/Africa-Monitor/2010/0802/Business-in-Africa-Booming-but-trade-barriers-still-high.