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dc.contributor.authorSilva, Susana-
dc.contributor.authorSoares, Isabel-
dc.contributor.authorPinho, Carlos-
dc.date.accessioned2018-06-25T09:01:49Z-
dc.date.available2018-06-25T09:01:49Z-
dc.date.issued2012-
dc.identifier.citationSilva, S., Soares, I., & Pinho, C. (2012). The impact of renewable energy sources on economic growth and CO2 emissions : a SVAR approach. European Research Studies Journal, 15(4), 133-144.en_GB
dc.identifier.urihttps://www.um.edu.mt/library/oar//handle/123456789/31326-
dc.description.abstractWe analyze how an increasing share of Renewable Energy Sources on Electricity generation (RES-E) affects Gross Domestic Product (GDP) and Carbon Dioxide (CO2) emissions using a 3 variable Structural Vector Autoregressive (SVAR) methodology. We used a sample of four countries with different levels of economic development and social and economic structures but a common effort of investment in RES in the last decades. The period considered was 1960 to 2004. The existence of unit roots was tested to infer the stationarity of the variables. Through the impulse response functions (IRF), the SVAR estimation showed that, for all countries in the sample, except for the USA, the increasing RES-E share had economic costs in terms of GDP per capita. There was also an evident decrease of CO2 emissions per capita. The variance decomposition showed that a significant part of the forecast error variance of GDP per capita and a relatively smaller part of the forecast error variance of CO2 per capita were explained by the share of RES-E.en_GB
dc.language.isoenen_GB
dc.publisherUniversity of Piraeus. International Strategic Management Associationen_GB
dc.rightsinfo:eu-repo/semantics/openAccessen_GB
dc.subjectEconomic developmenten_GB
dc.subjectRenewable energy sources -- Economic aspectsen_GB
dc.subjectGross domestic producten_GB
dc.subjectAtmospheric carbon dioxideen_GB
dc.titleThe impact of renewable energy sources on economic growth and CO2 emissions : a SVAR approachen_GB
dc.typearticleen_GB
dc.rights.holderThe copyright of this work belongs to the author(s)/publisher. The rights of this work are as defined by the appropriate Copyright Legislation or as modified by any successive legislation. Users may access this work and can make use of the information contained in accordance with the Copyright Legislation provided that the author must be properly acknowledged. Further distribution or reproduction in any format is prohibited without the prior permission of the copyright holder.en_GB
dc.description.reviewedpeer-revieweden_GB
dc.publication.titleEuropean Research Studies Journalen_GB
Appears in Collections:European Research Studies Journal, Volume 15, Issue 4

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