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The renewable energy and economic growth nexus in European countries

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dc.title The renewable energy and economic growth nexus in European countries en
dc.contributor.author Kasperowicz, Rafal
dc.contributor.author Bilan, Yuriy
dc.contributor.author Štreimikienė, Dalia
dc.relation.ispartof Sustainable Development
dc.identifier.issn 0968-0802 Scopus Sources, Sherpa/RoMEO, JCR
dc.date.issued 2020
utb.relation.volume 28
utb.relation.issue 5
dc.citation.spage 1086
dc.citation.epage 1093
dc.type article
dc.language.iso en
dc.publisher Wiley
dc.identifier.doi 10.1002/sd.2060
dc.relation.uri https://onlinelibrary.wiley.com/doi/epdf/10.1002/sd.2060
dc.subject cointegration en
dc.subject economic growth en
dc.subject panel data analysis en
dc.subject renewable energy en
dc.subject sustainable development en
dc.description.abstract The study examines the long-run relationship between renewable energy consumption and economic growth within the framework of the traditional production function in 29 European countries from 1995 to 2016. The study was based on the panel unit root tests, panel cointegration test-the Kao (1999), Pedroni (1999, 2004), Westerlund (2005) and fully modified ordinary least squares estimator and dynamic ordinary least squares estimator. The study found that there is a long-term equilibrium relationship between economic growth and renewable energy consumption and that renewable energy consumption has a positive impact on economic growth. The results suggest that the use of renewable energy as a global commodity in the process of economic growth is highly significant. Therefore, policies to promote renewables can provide for economic growth, an increase in renewables and the reduction of greenhouse gas (GHG) emissions, and ensure important sustainable development goals. en
utb.faculty Faculty of Management and Economics
dc.identifier.uri http://hdl.handle.net/10563/1009696
utb.identifier.obdid 43882084
utb.identifier.scopus 2-s2.0-85083982412
utb.identifier.wok 000529201100001
utb.source J-wok
dc.date.accessioned 2020-05-27T10:12:52Z
dc.date.available 2020-05-27T10:12:52Z
utb.ou Center for Applied Economic Research
utb.contributor.internalauthor Bilan, Yuriy
utb.fulltext.affiliation Rafał Kasperowicz 1, Yuriy Bilan 2, Dalia Štreimikienė 3 1 Poznan University of Economics and Business, Poznan, Poland 2 Faculty of Management and Economics, Centre of Applied Economic Research, Tomas Bata University in Zlin, Zlin, The Czech Republic 3 Lithuanian Energy Institute, Kaunas, Lithuania
utb.fulltext.dates Received: 28 January 2020 Revised: 4 March 2020 Accepted: 25 March 2020
utb.wos.affiliation [Kasperowicz, Rafal] Poznan Univ Econ & Business, Al Niepodleglosci 10, PL-61875 Poznan, Poland; [Bilan, Yuriy] Tomas Bata Univ Zlin, Fac Management & Econ, Ctr Appl Econ Res, Zlin, Czech Republic; [Streimikiene, Dalia] Lithuanian Energy Inst, Kaunas, Lithuania
utb.scopus.affiliation Poznan University of Economics and Business, Poznań, Poland; Faculty of Management and Economics, Centre of Applied Economic Research, Tomas Bata University in Zlin, Zlin, The Czech Republic, Costa Rica; Lithuanian Energy Institute, Kaunas, Lithuania
utb.fulltext.faculty Faculty of Management and Economics
utb.fulltext.ou Centre for Applied Economic Research
utb.identifier.jel -
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