Financing the alternative
TL;DR: In this article, the authors examined the determinants of credit allocation to renewable energy firms in developing and transition countries using a simple endogenous growth model, and showed that the development of the renewable energy sector, i.e., the diversification of renewable energy resources used in primary energy production, depends on the quality of financial intermediation, debtor information costs to banks, and financing needs of new energy firms.
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Abstract: This paper examines the determinants of credit allocation to renewable energy firms in developing and transition countries. Using a simple endogenous growth model, we show that the development of the renewable energy sector, i.e. the diversification of renewable energy resources used in primary energy production, depends on the quality of financial intermediation, debtor information costs to banks, and financing needs of renewable energy firms. Policies should aim at increasing financial sector performance through better institutional frameworks and improving financing conditions for new energy firms. The empirical analysis confirms the positive effect of financial intermediary development on the renewable energy sector.
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Citations
Finance for Renewable Energy: An Empirical Analysis of Developing and Transition Economies
TL;DR: In this paper, the role of financial intermediation in renewable energy development is examined in non-OECD countries and the influence of financial sector development on the use of renewable energy resources is conformed in panel data estimations.
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Financing of Private Hydropower Projects
Chris R. Head
- 01 Jul 2000
TL;DR: In this paper, the authors provide an overview of the issues and challenges related to the private financing of hydropower projects in developing countries, and suggest the need for longer-term financing to better suit hydro-power characteristics, a regulatory framework and realistic public-private risk-sharing arrangements responsive to the requirements of hydro power projects, and careful preparation of projects by the public sector to enable their formulation on an adequate technical and contractual basis for development as a private concession.
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•Journal Article
The Impact of Financial Leverage on Firm Performance in Fuel and Energy Sector, Pakistan
TL;DR: In this article, the impact of financial leverage on the firm financial performance of the fuel and energy sector in Pakistan has been analyzed and the main aim of this study is to examine the simplification that the firms get work with high profits may choice high leverage by using different statistical tools.
Analisis Alternatif Model Pembiayaan Pengelolaan Sampah untuk Pengembangan Pembangkit Listrik Tenaga Sampah
Mohd Yusri Ibrahim,Faizal Ade Rahmahuddin Abdullah +1 more
- 25 Dec 2022
TL;DR: In this paper , the analytic network process (ANP) was used to determine the right alternative financing model by using Islamic commercial and social financial instruments for PLTSa, which is a combined model, consisting of several sources of funding, namely, Government Financing, Private Financing and Waqf Institution Financing.
References
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Endogenous Technological Change
TL;DR: In this paper, the authors show that the stock of human capital determines the rate of growth, that too little human capital is devoted to research in equilibrium, that integration into world markets will increase growth rates, and that having a large population is not sufficient to generate growth.
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Econometric Analysis of Panel Data
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TL;DR: In this article, the authors proposed a two-way error component regression model for estimating the likelihood of a particular item in a set of data points in a single-dimensional graph.
Endogenous Technological Change
TL;DR: In this paper, the authors show that the stock of human capital determines the rate of growth, that too little human capital is devoted to research in equilibrium, that integration into world markets will increase growth rates, and that having a large population is not sufficient to generate growth.
Legal Determinants of External Finance
TL;DR: The authors showed that countries with poorer investor protections, measured by both the character of legal rules and the quality of law enforcement, have smaller and narrower capital markets than those with stronger investor protections.
Finance and Growth: Schumpeter Might Be Right
TL;DR: In this paper, the authors examined a cross-section of about 80 countries for the period 1960-89 and found that various measures of financial development are strongly associated with both current and later rates of economic growth.