Synapse
⌘+K
Synapse
PulseExploreClubsResearchersJournals
Instagram
HomeClubsExplore
July 8, 2026Energy Sources Part B Economics Planning and Policy

Can finance buffer the burn? Energy prices, financial access, and industrialization in Africa

View Full Paper
Ask AI
Bookmark
Share

Authors

CIChimere O. IheonuUniversity of South AfricaCMCharles MbohwaUniversity of South Africa

Discussion

Loading...

Member takes

Overview

Investigates how financial access affects industrialization amidst energy price shocks in Africa, implying significant policy implications.

Key Points

  • The research aims to determine if improved financial access can mitigate the negative effects of energy price inflation on industrialization in Sub-Saharan Africa.
  • Analyzed 39 Sub-Saharan African countries from 2000 to 2023
  • Employed estimation strategies including OLS, Fixed Effects, and GMM
  • Utilized indicators of financial access and measures of industrialization to assess relationships.
  • Rising energy prices significantly hinder industrialization in SSA.
  • Improved financial access boosts some aspects of industrialization, but effects vary by dimension.
  • Domestic credit negatively affects industry growth and its GDP contribution.

Cite This Study

Iheonu et al. (2026) studied this question.

synapsesocial.com/papers/6a4de9e4d2ea289ef6283e8fhttps://doi.org/10.1080/15567249.2026.2697272
View Full Paper
Ask AI
Bookmark
Share

Also Consider

Synapse has enriched 3 closely related papers on similar clinical questions. Consider them for comparative context:

  1. 1Consistent Covariance Matrix Estimation with Spatially Dependent Panel Data1998 · 6,751 citations
  2. 2Testing Weak Cross-Sectional Dependence in Large Panels2014 · 2,900 citations
  3. 3Rise of inflation and formation of interest rate on loans in industrial sector: A VECM approach to assess the impact on total industrial production from evidence of Bangladesh2024 · 13 citations