This work estimates financial development to energy poverty correlation in Latin America through the entropy method, the Principal Component Analysis, and an econometric analysis from 1990 to 2018. The PCA analysis reveals financial development and foreign direct investment as the key variables...

This study revisits the impact of financial development on economic growth in South Africa by incorporating trade openness in the production function. The paper covers the period of 1970-2011. We apply the Bayer-Hanck combined cointegration approach to examine the long run relationship between...