IDEAS home Printed from https://ideas.repec.org/a/taf/jdevst/v61y2025i1p118-132.html
   My bibliography  Save this article

Clean Energy Adoption in Developing Countries: New Evidence of the Relevance of Risk Aversion and Education

Author

Listed:
  • Raymond Boadi Frempong
  • David Stadelmann
  • Djiby Racine Thiam

Abstract

Cooking with relatively clean fuel has numerous benefits, including reducing pollution and improving health and socioeconomic outcomes. Hence, some developing countries have implemented policies to promote LPG use. However, risks of accidents and explosions may prevent risk-averse households from adopting LPG. This study examines the causal effect of risk aversion on the adoption and expenditure of LPG using the seventh round of the Ghana Living Standards Measurement Survey and a double hurdle approach. We find that risk-averse households are four per cent less likely to adopt LPG and, if adopted, spend significantly less on LPG. The result holds even after endogeneity has been addressed with diverse econometric strategies. However, the effect disappears in households where the primary decision-makers have no formal education, while it is systematically stronger when they are educated. The results imply measures that reduce the actual and perceived dangers of LPG usage could effectively increase adoption rates.

Suggested Citation

  • Raymond Boadi Frempong & David Stadelmann & Djiby Racine Thiam, 2025. "Clean Energy Adoption in Developing Countries: New Evidence of the Relevance of Risk Aversion and Education," Journal of Development Studies, Taylor & Francis Journals, vol. 61(1), pages 118-132, January.
    • Handle: RePEc:taf:jdevst:v:61:y:2025:i:1:p:118-132
    DOI: 10.1080/00220388.2024.2407820
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/00220388.2024.2407820
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/00220388.2024.2407820?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:jdevst:v:61:y:2025:i:1:p:118-132. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/FJDS20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.