Macroeconomic Indicators Used to Study the Efficiency of Investments in Renewable Energy Field

Corina Pîrlogea (), Ion Popa () and Corina Fr?sineanu ()
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Corina Pîrlogea: The Bucharest University of Economic Studies, Romania
Ion Popa: The Bucharest University of Economic Studies, Romania
Corina Fr?sineanu: The Bucharest University of Economic Studies, Romania
Authors registered in the RePEc Author Service: Corina Frasineanu

Economia. Seria Management, 2012, vol. 15, issue 2, 308-315

Abstract: This paper aims to analyze the main indicators used to express the efficiency of renewable energy investments at macroeconomic level. Based on three econometric models, we present the calculation method of these indicators, along with interpretation. In the study are included countries with very high and high human development, member states of the European Union. Results indicate that all countries have a good economic efficiency of investments in renewable energy, but low social efficiency. As for the environmental efficiency of renewable investments, the findings reveal that only six European countries manage to direct their efforts to mitigate carbon dioxide emissions and in this way to have a high environmental efficiency of investments.

Keywords: renewable energy investments; economic efficiency; ecological efficiency; social efficiency. (search for similar items in EconPapers)
JEL-codes: C50 C82 E22 O13 O52 Q40 Q43 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:rom:econmn:v:15:y:2012:i:2:p:308-315

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