Beyond the Grid: An In-depth Analysis of Economic, Demographic, and Technological Drivers of Energy Poverty in 11 Developing Countries

Authors

  • Ramaisa Aqdas Iqra University, Karachi, Pakistan.
  • Wan Zhalkiatul Aida Binti Ishak Qaiwan International University, Iraq.
  • Syed Muhammad Salman IQRA University Karachi, Pakistan.
  • Rashid Sultan The Islamia University of Bahawalpur, Pakistan.

DOI:

https://doi.org/10.52131/joe.2024.0602.0215

Keywords:

Energy Poverty, GDP, Internet Access, Renewable Energy, N-11 Countries

Abstract

This research examines the impact of critical factors, including GDP, population, internet, renewable power, human capital, and global link, on energy poverty in the New-11 nations, using a Panel ARDL technique. Energy poverty rises with GDP and population growth but is significantly reduced by internet access and renewable energy. Human resources and globalization present a mix of insignificant functions. Short-run illustrations depict initial movement in the long run, which abruptly stabilizes as renewable energy costs become apparent. The implications of the findings of energy poverty are the essential and inescapable policy calls for targeted investments in digitalization, sustainable energy, people, and intelligent globalization.

Author Biographies

Ramaisa Aqdas, Iqra University, Karachi, Pakistan.

Assistant Professor, Department of Business Administration

Wan Zhalkiatul Aida Binti Ishak, Qaiwan International University, Iraq.

Senior Lecturer, Faculty of Management & Social Sciences

 

Syed Muhammad Salman, IQRA University Karachi, Pakistan.

Assistant Professor

Rashid Sultan , The Islamia University of Bahawalpur, Pakistan.

MS Scholar, Department of Economics

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Published

2024-06-14

How to Cite

Aqdas, R., Ishak, W. Z. A. B., Salman, S. M., & Sultan , R. (2024). Beyond the Grid: An In-depth Analysis of Economic, Demographic, and Technological Drivers of Energy Poverty in 11 Developing Countries. IRASD Journal of Economics, 6(2), 403–416. https://doi.org/10.52131/joe.2024.0602.0215

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