Does access to electricity accelerate home-based business creation in rural Ethiopia?

Submitted by Petra Hansson on

KEY MESSAGES

Most of the businesses in rural areas are home-based, i.e., the household runs businesses such as food sales, restaurants, mobile, and electronics shops, barbering, etc., within their residence. Rural households’ business ownership increased from 17.5% in 2011 to 28.5% in 2016. We found that:

Energy, Policy Design
mo2

“Building long-term relationships with policymakers is the biggest challenge”

Twenty researchers from the Global South who obtained their doctor’s degree five years ago or less are participating in the EfD’s Early Career Fellowship program. The purpose of the program is to…

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SETI 2022 Anual Workshop - Virtual Sessions

Dear All: We are pleased to announce that the virtual sessions of the Seventh Annual Workshop of the Sustainable Energy Transitions Initiative (SETI) will take place on June 23-24, 2022 (09:00 am - 12…

Date: Thursday 23 June — Friday 24 June, 2022
Location: Virtual

The Role of Precautionary and Speculative Demand in the Global Market for Crude Oil

Submitted by Luat Do on
EfD Authors:

Contemporary structural models of the global market for crude oil jointly specify precautionary and speculative demand shocks as a composite shock, named a storage demand shock. We resolve this identification problem and examine the effects of these distinct shocks, along with conventional demand and supply shocks, on the global price of crude oil. We find that uncertainty driven precautionary demand for crude oil is, on average, the primary driver of real price of oil fluctuations that have previously been associated with storage demand shocks.

Energy