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Greening Africa? Technologies, endowments and the latecomer effect

Abstract:

Africa is well endowed with potential for hydro and solar power, but its other endowments – shortages of capital, skills, and governance capacity – make most of the green options relatively expensive, while its abundance of hydro-carbons makes fossil fuels relatively cheap. Current power shortages make expansion of power capacity a priority. Africa's endowments, and the consequent scarcities and relative prices, are not immutable and can be changed to bring opportunity costs in ...

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Publication status:
Published

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Publisher:
University of Oxford Publisher's website
Series:
OxCarre Papers
Publication date:
2012-05-15
Paper number:
89
Keywords:
Pubs id:
1143823
Local pid:
pubs:1143823
Deposit date:
2020-12-15

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