IDEAS home Printed from https://ideas.repec.org/p/agd/wpaper/26-044.html

Remittances, Capital Flight and Renewable Energy Consumption in Sub-Saharan Africa

Author

Listed:
  • Simplice A. Asongu

    (Yaoundé, Cameroon)

Abstract

The present study complements the extant literature by assessing how remittances affect the incidence of capital flight on renewable energy consumption in 20 Sub-Saharan African countries. The empirical evidence is based on interactive quantile regressions and the following findings are established. There is an unconditional negative incidence of capital flight on renewable energy consumption while remittances mitigate the negative incidence of capital flight on renewable energy consumption. Furthermore, thresholds of remittances are apparent at which the unfavorable incidence of capital flight on renewable energy consumption is completely mitigated. The corresponding remittances thresholds which are exclusively apparent in the bottom quantiles of the renewable energy distribution are 0.999 and 0.909 (% of GDP) in the 10th and 25th quantiles, respectively. Policy implications are discussed.

Suggested Citation

  • Simplice A. Asongu, 2026. "Remittances, Capital Flight and Renewable Energy Consumption in Sub-Saharan Africa," Working Papers of the African Governance and Development Institute. 26/044, African Governance and Development Institute..
    • Handle: RePEc:agd:wpaper:26/044
    as

    Download full text from publisher

    File URL: http://www.afridev.org/RePEc/agd/agd-wpaper/44.Remittances,-Capital-Flight-and-Renewable-Energy-Consumption-in-Sub-Saharan-Africa.pdf
    File Function: Revised version, 2026
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    JEL classification:

    • H10 - Public Economics - - Structure and Scope of Government - - - General
    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
    • Q30 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - General
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:agd:wpaper:26/044. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Asongu Simplice (email available below). General contact details of provider: https://edirc.repec.org/data/agdiycm.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.