Does Renewable Energy Drive Sustainable Economic Growth? Multivariate Panel Data Evidence for EU-28 Countries

Does Renewable Energy Drive Sustainable Economic Growth? Multivariate Panel Data Evidence for EU-28 Countries

Energy is crucial to economic progress, but the contemporary worldwide population increase that demands greater energy generated from conventional exhaustible resources, an energy price upsurge, and environmental concerns, imperils sustainable economic growth. Nevertheless, switching to renewable en...

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Bibliographic Details
Main Authors: Daniel Ştefan Armeanu, Georgeta Vintilă, Ştefan Cristian Gherghina
Format: Article
Language:English
Published: MDPI AG 2017-03-01
Series:Energies
Subjects:
renewable energy
sustainable economic growth
fixed-effects regression
cointegration
panel vector error correction model
Granger causality
Online Access:http://www.mdpi.com/1996-1073/10/3/381

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