TY - JOUR
T1 - Digital inclusive finance and energy poverty
T2 - Empirical evidence from China
AU - Wang, Xueyang
AU - Liu, Wenling
AU - Sun, Xiumei
AU - Ahmad, Mahmood
N1 - Publisher Copyright:
© 2024 Elsevier Ltd
PY - 2025/4
Y1 - 2025/4
N2 - Energy poverty remains a significant challenge confronting the global energy system. China, as the largest emerging country in the world, faces severe challenges in energy poverty. This study constructs a multidimensional energy poverty index to explore the impact of digital inclusive finance development on energy poverty using the system generalized method of moments and panel quantile regression. The empirical analysis demonstrates that digital inclusive finance development significantly curtails regional energy poverty. Statistically, a 1 % increase in the digital inclusive finance index reduces regional energy poverty by 0.0355 %. The internal mechanism test reveals that the breadth of coverage and depth of usage have an inhibitory effect on regional energy poverty. Further analysis of external mechanism indicates that digital inclusive finance development improves energy consumption structure, facilitates industrial structure upgrading, increases government support, and consequently reduce energy poverty. Panel quantile results demonstrate that digital inclusive finance alleviates energy poverty only at the 10th, 30th, and 50th quantile levels. These findings provide valuable insights for reducing energy poverty and promoting sustainable energy development.
AB - Energy poverty remains a significant challenge confronting the global energy system. China, as the largest emerging country in the world, faces severe challenges in energy poverty. This study constructs a multidimensional energy poverty index to explore the impact of digital inclusive finance development on energy poverty using the system generalized method of moments and panel quantile regression. The empirical analysis demonstrates that digital inclusive finance development significantly curtails regional energy poverty. Statistically, a 1 % increase in the digital inclusive finance index reduces regional energy poverty by 0.0355 %. The internal mechanism test reveals that the breadth of coverage and depth of usage have an inhibitory effect on regional energy poverty. Further analysis of external mechanism indicates that digital inclusive finance development improves energy consumption structure, facilitates industrial structure upgrading, increases government support, and consequently reduce energy poverty. Panel quantile results demonstrate that digital inclusive finance alleviates energy poverty only at the 10th, 30th, and 50th quantile levels. These findings provide valuable insights for reducing energy poverty and promoting sustainable energy development.
KW - Digital inclusive finance
KW - Energy poverty
KW - Impact mechanism
KW - SYS-GMM
UR - http://www.scopus.com/inward/record.url?scp=85213271009&partnerID=8YFLogxK
U2 - 10.1016/j.rser.2024.115308
DO - 10.1016/j.rser.2024.115308
M3 - Article
AN - SCOPUS:85213271009
SN - 1364-0321
VL - 211
JO - Renewable and Sustainable Energy Reviews
JF - Renewable and Sustainable Energy Reviews
M1 - 115308
ER -