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The moderating role of remittances in the energy security-poverty nexus in developing countries

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  • Subramaniam, Yogeeswari
  • Loganathan, Nanthakumar
  • Subramaniam, Thirunaukarasu

Abstract

Even though the existing studies have been investigating the impact of poverty on energy security, the literature overlooks the moderating mechanism of the energy security-poverty nexus. This study examines the role of remittances in moderating the energy security-poverty nexus in 50 developing countries from 2014 to 2020 to fill these gaps. Applying the Generalized Method of Moments (GMM), the results provide supportive evidence that remittances play a role in mitigating the negative impact of poverty on energy security. The negative effect of three poverty levels, namely incomes of $1.90 per day, $3.20 per day, and $5.50 per day, declines as a country's remittance level rises. As a result, this study justifies the need to promote more inflow of remittances, which will reduce poverty levels, increase energy access, and contribute to energy security.

Suggested Citation

  • Subramaniam, Yogeeswari & Loganathan, Nanthakumar & Subramaniam, Thirunaukarasu, 2023. "The moderating role of remittances in the energy security-poverty nexus in developing countries," Utilities Policy, Elsevier, vol. 84(C).
    • Handle: RePEc:eee:juipol:v:84:y:2023:i:c:s0957178723001674
    DOI: 10.1016/j.jup.2023.101655
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