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Greening Africa? Technologies, endowments and the latecomer effect

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  • Collier, Paul
  • Venables, Anthony J.

Abstract

Africa is well endowed with potential for hydro and solar power, but its other endowments – shortages of capital, skills, and governance capacity – make most of the green options relatively expensive, while its abundance of hydro-carbons makes fossil fuels relatively cheap. Current power shortages make expansion of power capacity a priority. Africa's endowments, and the consequent scarcities and relative prices, are not immutable and can be changed to bring opportunity costs in Africa closer to those in the rest of the world. The international community can support by increasing Africa's supply of the scarce factors of capital, skills, and governance.

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Bibliographic Info

Article provided by Elsevier in its journal Energy Economics.

Volume (Year): 34 (2012)
Issue (Month): S1 ()
Pages: S75-S84

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Handle: RePEc:eee:eneeco:v:34:y:2012:i:s1:p:s75-s84

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Web page: http://www.elsevier.com/locate/eneco

Related research

Keywords: Africa; Climate change; Energy; Renewable; Leapfrog; Latecomer;

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  1. Christopher Udry & Santosh Anagol, 2006. "The Return to Capital in Ghana," Working Papers 932, Economic Growth Center, Yale University.
  2. Eberhard, Anton & Shkaratan, Maria, 2012. "Powering Africa: Meeting the financing and reform challenges," Energy Policy, Elsevier, vol. 42(C), pages 9-18.
  3. Kyu Sik Lee & Anas, Alex, 1989. "Manufacturers'responses to infrastructure deficiencies in Nigeria : private alternatives and policy options," Policy Research Working Paper Series 325, The World Bank.
  4. Deichmann, Uwe & Meisner, Craig & Murray, Siobhan & Wheeler, David, 2010. "The economics of renewable energy expansion in rural Sub-Saharan Africa," Policy Research Working Paper Series 5193, The World Bank.
  5. Daron Acemoglu & James A. Robinson, 2000. "Why Did The West Extend The Franchise? Democracy, Inequality, And Growth In Historical Perspective," The Quarterly Journal of Economics, MIT Press, vol. 115(4), pages 1167-1199, November.
  6. Frederick van der Ploeg & Steven Poelhekke, 2009. "Volatility and the natural resource curse," Oxford Economic Papers, Oxford University Press, vol. 61(4), pages 727-760, October.
  7. Radoslaw Stefanski, 2010. "On the mechanics of the "Green Solow Model"," OxCarre Working Papers 047, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
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Cited by:
  1. Ondraczek, Janosch, 2014. "Are we there yet? Improving solar PV economics and power planning in developing countries: The case of Kenya," Renewable and Sustainable Energy Reviews, Elsevier, vol. 30(C), pages 604-615.

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