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<p>This study extends the attendant literature by assessing how financial inclusion moderates the incidence of employment on energy poverty in Ghana. The empirical evidence is based on interactive regressions within the remit of instrumental variables and pooled regressions. The findings show that negative synergies are apparent in the full sample and the male&#xa0;sub-sample, contrary to the rural, urban, and female&#xa0;sub-samples in which the findings are not significant to motivate the computation of net nexuses. It is important to note that negative synergies are apparent because the overall or net negative magnitude is higher than the corresponding unconditional negative magnitude of employment. Accordingly, it implies that while employment&#xa0;is negatively related to&#xa0;energy poverty, when employment is moderated with financial inclusion, the negative relationship tendency is higher. Policy implications are discussed, especially as it pertains to complementing employment strategies with financial inclusion measures in order to attain the UN SDG7 related to affordable and clean energy.</p>

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Employment and financial inclusion in energy poverty reduction: evidence from negative synergies

  • 期刊论文

  • 出版模式：

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  • 发表日期：

    2025年11月11日

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  • Simplice A. Asongu,
  • Nicholas M. Odhiambo

摘要

This study extends the attendant literature by assessing how financial inclusion moderates the incidence of employment on energy poverty in Ghana. The empirical evidence is based on interactive regressions within the remit of instrumental variables and pooled regressions. The findings show that negative synergies are apparent in the full sample and the male sub-sample, contrary to the rural, urban, and female sub-samples in which the findings are not significant to motivate the computation of net nexuses. It is important to note that negative synergies are apparent because the overall or net negative magnitude is higher than the corresponding unconditional negative magnitude of employment. Accordingly, it implies that while employment is negatively related to energy poverty, when employment is moderated with financial inclusion, the negative relationship tendency is higher. Policy implications are discussed, especially as it pertains to complementing employment strategies with financial inclusion measures in order to attain the UN SDG7 related to affordable and clean energy.