Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/73016 
Year of Publication: 
2012
Series/Report no.: 
Nota di Lavoro No. 100.2012
Publisher: 
Fondazione Eni Enrico Mattei (FEEM), Milano
Abstract: 
Reaching the objective of universal access to modern energy services will require large investments in infrastructure in developing countries. An important part of funding will be provided in the form of development finance and its effectiveness in producing positive impacts is crucial for this achievement. This paper presents a panel analysis of the relationship between the installed capacity of electricity generation, the development finance committed for the energy sector, and the gross fixed capital formation. We tested four models with a large dataset and found development finance to have, in most cases, a positive influence on installed base.
Subjects: 
International Aid
Energy Access
Aid Effectiveness
JEL: 
O19
O21
Q40
Document Type: 
Working Paper

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