Examination of the Relationship between Renewable Energy and Economic Performance

dc.contributor.authorBoubou, Hayyan
dc.contributor.authorT. Kiss, Judit
dc.date.accessioned2021-06-29T11:04:56Z
dc.date.available2021-06-29T11:04:56Z
dc.date.issued2020-04-14
dc.description.abstractMany countries are making considerable efforts to achieve solutions to environmental problems that we face today and developing renewable energy resources is one of the potential long-term solutions that constitute an absolute priority from a sustainable development perspective. The usage of renewable energy is one of the critical future challenges to reduce greenhouse gas emission and decrease energy dependency at the same time. Thus, replacing traditional energy sources with renewable ones, like Hydropower and wind power to produce electricity instead of fossil fuel. The objective of this study is to find a relationship between renewable energy consumption, macroeconomic factors, and the environment. There is a reliable and significant (at 1% significant level) association between REC with GHG and GDP and a relatively strong association with EC.en
dc.description.abstractMany countries are making considerable efforts to achieve solutions to environmental problems that we face today and developing renewable energy resources is one of the potential long-term solutions that constitute an absolute priority from a sustainable development perspective. The usage of renewable energy is one of the critical future challenges to reduce greenhouse gas emission and decrease energy dependency at the same time. Thus, replacing traditional energy sources with renewable ones, like Hydropower and wind power to produce electricity instead of fossil fuel. The objective of this study is to find a relationship between renewable energy consumption, macroeconomic factors, and the environment. There is a reliable and significant (at 1% significant level) association between REC with GHG and GDP and a relatively strong association with EC.hu
dc.formatapplication/pdf
dc.identifier.citationInternational Journal of Engineering and Management Sciences, Vol. 5 No. 1 (2020) , 234-243
dc.identifier.doihttps://doi.org/10.21791/IJEMS.2020.1.20
dc.identifier.eissn2498-700X
dc.identifier.issue1
dc.identifier.jtitleInternational Journal of Engineering and Management Sciences
dc.identifier.urihttps://hdl.handle.net/2437/318866en
dc.identifier.volume5
dc.languageen
dc.relationhttps://ojs.lib.unideb.hu/IJEMS/article/view/5656
dc.rights.accessOpen Access
dc.rights.ownerby the authors
dc.subjectEuropean Unionen
dc.subjectgreenhouse gas emissionen
dc.subjectgross domestic producten
dc.subjectrenewable energy consumptionen
dc.subjectEuropean Union, greenhouse gas emission, gross domestic product, renewable energy consumptionhu
dc.subjectEuropean Unionhu
dc.subjectgreenhouse gas emissionhu
dc.subjectgross domestic producthu
dc.subjectrenewable energy consumptionhu
dc.titleExamination of the Relationship between Renewable Energy and Economic Performanceen
dc.typefolyóiratcikkhu
dc.typearticleen
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