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The paper deals with the efficiency and effectiveness of renewable energy support in Europe in order to achieve the target of 20% of final consumption in 2020. The reconciliation of subsidisation of carbon free energy sources and competition in the energy sector creates serious problems to the...
Persistent link: https://www.econbiz.de/10013038790
Given the intensifying debates whether governments should use industrial policies to promote particular renewable energy technologies, the main objective of this study is to investigate the long-run effects of renewable energy support policies on economic growth and employment in 15 European...
Persistent link: https://www.econbiz.de/10013021394
Persistent link: https://www.econbiz.de/10010195469
Currently, energy consumption has increased exponentially. Using fossil fuels to produce energy generates high shares of carbon dioxide emissions and greenhouse gases. Moreover, financial authorities at the global and European levels have recognized that climate change poses new risks for...
Persistent link: https://www.econbiz.de/10014446597
The purpose of this study is to examine the impact of renewable energy policies and financial development on CO2 emissions and economic growth in EU countries. The panel vector autoregression (PVAR) model is employed to investigate the relationship between renewable energy policies, financial...
Persistent link: https://www.econbiz.de/10012805651
Persistent link: https://www.econbiz.de/10011791807
This paper investigates the adverse effects of oil price volatility on economic activity and the extent to which … countries can hedge against such effects by using renewable energy. By considering the Realized Volatility of oil prices, rather …, and variance decompositions show that oil price volatility has more-adverse effects in all sample countries than oil price …
Persistent link: https://www.econbiz.de/10011395879
This paper investigates the adverse effects of oil price volatility on economic activity and the extent to which … countries can hedge against such effects by using renewable energy. By considering the Realized Volatility of oil prices, rather …, and variance decompositions show that oil price volatility has more-adverse effects in all sample countries than oil price …
Persistent link: https://www.econbiz.de/10012973994
This paper investigates the adverse effects of oil price volatility on economic activity and the extent to which … countries can hedge against such effects by using renewable energy. By considering the Realized Volatility of oil prices, rather …, and variance decompositions show that oil price volatility has more-adverse effects in all sample countries than oil price …
Persistent link: https://www.econbiz.de/10012560206
Persistent link: https://www.econbiz.de/10011309970