Clean Energy Adoption in Developing Countries
New Evidence of the Relevance of Risk Aversion and Education
Datos Bibliográficos
| ID | 7170992 |
|---|---|
| Autores | Raymond Boadi Frempong (0000-0002-4603-5570, European School of Political and Social Sciences (ESPOL), Catholic University of Lille, Lille, France, autor de correspondencia), David Stadelmann (0000-0002-1211-9936, Chair of Economic Policy and Economic Development, University of Bayreuth, Bayreuth, Germany), Djiby Thiam (0000-0001-5971-4030, University of Cape Town), Djiby Racine Thiam (University of Cape Town) |
| Año | 2025 |
| Volumen | 61 |
| Número | 1 |
| Páginas | 118-132 |
| Fecha de publicación | 2025-01-02 |
| Peer Reviewed | Sí |
| Open Access | No |
| Tipo | ARTICLE |
| Revista | The Journal of Development Studies (JOURNAL) |
| Identificadores de la revista | ISSN: 0022-0388 • E-ISSN: 1743-9140 |
| Editorial | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/00220388.2024.2407820 |
| OpenAlex | W4402756351 |
| Idioma | EN |
| Citas recibidas | 1 |
| Referencias citadas | 54 |
Cooking with relatively clean fuel has numerous benefits, including reducing pollution and improving health and socioeconomic outcomes. Hence, some developing countries have implemented policies to promote LPG use. However, risks of accidents and explosions may prevent risk-averse households from adopting LPG. This study examines the causal effect of risk aversion on the adoption and expenditure of LPG using the seventh round of the Ghana Living Standards Measurement Survey and a double hurdle approach. We find that risk-averse households are four per cent less likely to adopt LPG and, if adopted, spend significantly less on LPG. The result holds even after endogeneity has been addressed with diverse econometric strategies. However, the effect disappears in households where the primary decision-makers have no formal education, while it is systematically stronger when they are educated. The results imply measures that reduce the actual and perceived dangers of LPG usage could effectively increase adoption rates
Business · Developing country · Economic growth · Economics · Energy (signal processing) · Financial economics · Political science · Public economics · Relevance (law) · Risk aversion (psychology) · Statistics · Energy and Environment Impacts · Energy, Environment, and Transportation Policies · Environmental Education and Sustainability · Mathematics · Psychology
Portfolio Theory and the Measurement of Risk
Eliciting risk preferences
Energy poverty in Ghana
Some Statistical Models for Limited Dependent Variables with Application to the Demand for Durable Goods
Gender differences in financial risk aversion and career choices are affected by testosterone
LPG as a clean cooking fuel
Health Behavior in Developing Countries
Prospect Theory
Online customer behavior
Risk aversion and cleaner cooking fuel choice
The Gendered Nature of Liquefied Petroleum Gas Stove Adoption and Use in Rural India
How does gender affect the adoption of agricultural innovations? The case of improved maize technology in Ghana
Liquified Petroleum Gas (LPG) Supply and Demand for Cooking in Northern Ghana
Unobservable Selection and Coefficient Stability
Education, Decision Making, and Economic Rationality
Time to Change What to Sow
Determining the Enablers and Barriers for the Adoption of Clean Cookstoves in the Middle Belt of Ghana—A Qualitative Study
Risk Attitudes and the ‘Vicious Circle of Poverty’
Who Adopts LPG as the Main Cooking Fuel and Why? Empirical Evidence on Ghana Based on National Survey
Gender differences in technology adoption and agricultural productivity
Does Child Labor Decrease When Parental Incomes Rise
Attitudes Toward Risk
From Linear Fuel Switching to Multiple Cooking Strategies
| Obras citantes distintas | 1 |
|---|---|
| Citas por año | 1 |
| Intervalo de citas | 2025 - 2025 (1) |
| Velocidad de citación | recent |
| Altamente citado | No |
| Tipos de cita | Neutras: 1 |