tailieunhanh - Drivers of the quality of electricity supply

This article is the first proposing a cross-country analysis identifying the determinants of the quality of electricity supply at a global level. In this analysis, 138 countries at different development stages have been considered and data are sourced in the Global Competitiveness Report (2016-2017), Worldwide Governance Indicators (WGI) and the World Development Indicators (WDI). The Findings confirm the importance of institutional infrastructures such as regulation quality, government effectiveness and rule of law, but also other parameters such as, Foreign Direct Investment and Technology Transfer, Availability of Latest Technology, the income of the population (gdp per capita) and the quality of the workforce (quality of education). The coherence of this empirical result is confirmed by the performances of developing countries which is lower than those of developed countries. | Drivers of the quality of electricity supply International Journal of Energy Economics and Policy ISSN 2146-4553 available at http International Journal of Energy Economics and Policy 2020 10 5 183-195. Drivers of the Quality of Electricity Supply Remy Tehero1 Emmanuel Brou Aka1 Murat Çokgezen2 1 Department of Economics Felix Houphouët Boigny University Côte d Ivoire 2Department of Economics Marmara University Turkey. Email tehero_remy@ Received 06 February 2020 Accepted 22 May 2020 DOI https ABSTRACT Although electricity quality is an important input for development and growth the literature about its determinants quality is scarce. Therefore this article is the first proposing a cross-country analysis identifying the determinants of the quality of electricity supply at a global level. In this analysis 138 countries at different development stages have been considered and data are sourced in the Global Competitiveness Report 2016-2017 Worldwide Governance Indicators WGI and the World Development Indicators WDI . The Findings confirm the importance of institutional infrastructures such as regulation quality government effectiveness and rule of law but also other parameters such as Foreign Direct Investment and Technology Transfer Availability of Latest Technology the income of the population gdp per capita and the quality of the workforce quality of education . The coherence of this empirical result is confirmed by the performances of developing countries which is lower than those of developed countries. Keywords Electricity Quality Institutions Investment Technology JEL Classifications O30 Q40 Q48 1. INTRODUCTION requiring heavy investments. This is also an important point since in many countries power infrastructures are facing aging and they Energy has always been a major input of economic dynamic are not performing well in term of quality. of countries particularly because major processes rely on it. .