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Interactions between electricity generation sources and economic activity in Greece: A VECM approach

dc.contributor.authorMarques, António Cardoso
dc.contributor.authorFuinhas, José Alberto
dc.contributor.authorMenegaki, Angeliki N.
dc.date.accessioned2019-01-14T10:49:50Z
dc.date.available2019-01-14T10:49:50Z
dc.date.issued2014
dc.description.abstractThe interactions between electricity generation sources and industrial production in Greece were analysed from August 2004 to October 2013. Greece has been subject to a tough economic adjustment under external financial assistance guidelines. In the meantime, the country has remained committed to international agreements concerning the use of renewables. The variables interact with each other, and this endogeneity has been analysed using a VECM model. A short-run, causal relationship from conventional fossil sources to economic growth, was proved. However, there is no evidence of causal relationships from renewable electricity to economic growth, either in the short- or long-run. Only economic growth gives rise to renewable electricity, whether in the short- or long-run. A fresh insight on the current state of dynamics between electricity sources within an electricity generation system, is thus added to the literature. These findings will inform energy policymakers in designing policies both to encourage the incorporation of national technology into renewables and to reduce electricity consumption without hampering economic growth.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.doi10.1016/j.apenergy.2014.06.073pt_PT
dc.identifier.urihttp://hdl.handle.net/10400.6/6762
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.subjectElectricity generationpt_PT
dc.subjectConventional and renewable sourcespt_PT
dc.subjectVECMpt_PT
dc.subjectGreecept_PT
dc.titleInteractions between electricity generation sources and economic activity in Greece: A VECM approachpt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.citation.endPage46pt_PT
oaire.citation.startPage34pt_PT
oaire.citation.volume132pt_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.latestForDiscovery3261ccf1-fcd4-48ad-bf1d-a8834c5f17ad

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