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Is renewable energy effective in promoting growth?

dc.contributor.authorMarques, António Cardoso
dc.contributor.authorFuinhas, José Alberto
dc.date.accessioned2019-01-14T11:06:01Z
dc.date.available2019-01-14T11:06:01Z
dc.date.issued2012
dc.description.abstractThis paper applies panel data techniques to analyze the role of the various energy sources in economic growth, for a set of 24 European countries (1990-2007), controlling for energy consumption and energy dependency. The results suggest that the negative effect of the use of renewables supplants the positive effect of creating income by exploiting a natural resource locally, and thus growth does not appear to improve with the change towards renewables. The high costs of promoting renewables are probably being placed excessively upon the economy, namely by increasing the costs of electricity tariffs, thus inducing a deceleration in economic activity. Fossil fuels lead to dissimilar effects on growth while natural gas does not appear to be relevant in explaining growth. Coal hampers the capacity for growth, whereas the use of oil stimulates that growth. This is in line with productive structures that are deeply grounded in fossil fuels, particularly oil.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.doi10.1016/j.enpol.2012.04.006pt_PT
dc.identifier.urihttp://hdl.handle.net/10400.6/6769
dc.language.isoengpt_PT
dc.subjectRenewable energypt_PT
dc.subjectEconomic growthpt_PT
dc.subjectEuropean countriespt_PT
dc.titleIs renewable energy effective in promoting growth?pt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.citation.endPage442pt_PT
oaire.citation.startPage434pt_PT
oaire.citation.volume46pt_PT
person.familyNameMarques
person.familyNameFuinhas
person.givenNameAntónio Cardoso
person.givenNameJosé Alberto
person.identifier1880954
person.identifierR-000-7ZC
person.identifier.ciencia-idBE19-EAEF-30CF
person.identifier.ciencia-id7817-FFB9-9DC0
person.identifier.orcid0000-0002-9906-3874
person.identifier.orcid0000-0002-6937-5420
person.identifier.ridD-2235-2011
person.identifier.ridP-1603-2017
person.identifier.scopus-author-id36169680100
person.identifier.scopus-author-id36168979700
rcaap.embargofctCopyright cedido à editora no momento da publicaçãopt_PT
rcaap.rightsclosedAccesspt_PT
rcaap.typearticlept_PT
relation.isAuthorOfPublication0dfb8b49-b2ad-4a47-8478-a3ac0a8c639f
relation.isAuthorOfPublication3261ccf1-fcd4-48ad-bf1d-a8834c5f17ad
relation.isAuthorOfPublication.latestForDiscovery0dfb8b49-b2ad-4a47-8478-a3ac0a8c639f

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