The Impact of Energy Poverty on Economic Growth: Evidence from EAGLE Countries

Aim: The aim of this study is to examine the impact of energy poverty on economic growth in EAGLE countries for the period 2000–2020. Energy poverty is addressed primarily through access to electricity.Method: The Han and Phillips (2010) method is employed in the analysis. In addition to energy poverty, total labor force, urbanization, patent applications, and carbon emissions are included in the model to evaluate their effects on economic growthResults: A statistically significant and positive relationship is found between access to electricity and economic growth. Moreover, total labor force, urbanization, and carbon emissions also have a significant and positive effect on economic growth. Although patent applications show a positive impact, this effect is statistically insignificant.Conclusion: The findings reveal that access to electricity plays a critical role in fostering economic growth and socio-economic development in EAGLE countries. Improved energy access supports technological advancement and increased use of electric power, making it a fundamental driver of economic growth.