Is Access to Electricity a Relevant Determinant of Happiness in Developing Countries?

This paper assesses the effects of accessibility of energy on Subjective Well-Being (SWB). Using a sample of 98 developing countries (DCs), we specify and estimate a panel data model using the Ordinary Least Squares (OLS) and Generalized Method of Moments (GMM) in System over the period 2005-2020. Our results show that the accessibility of total electric power in urban and rural areas significantly improves subjective well-being. We suggest a quantitative and qualitative improvement of the energy supply for better well-being