Has household borrowing alleviated energy poverty?-Empirical evidence based on China family panel survey borrowing and energy poverty: evidence from China
摘要
Using China Family Panel Studies (CFPS) data, comprising 11,200 observations, this paper constructs a multidimensional energy poverty index to empirically test whether household borrowing alleviates energy poverty at the household level. The results indicate that household borrowing has a significant positive impact on alleviating energy poverty, regardless of whether it is formal or informal. Specifically, for every 100-unit increase in the household borrowing, the energy poverty rate decreases by 1.1 percentage points, as enhanced household access to and utilization of energy resources. Additionally, household borrowing indirectly mitigates energy poverty by promoting the affordability of energy consumption and increasing the accessibility of energy services. Additionally, when households are located in cities with a low frequency of extreme weather, non-new energy or non-low carbon pilot cities, household borrowing can significantly alleviate energy poverty. This is also true for rural households, low-asset value households, and those with low environmental awareness. This paper argues that relevant authorities should guide energy-poor households in borrowing and implementing targeted policies tailored to different cities and households to alleviate energy poverty.