 Green hydrogen impact on economic growth: A cross-sectional analysis of 29 European countriesLamiae Sarsar Renewable Energy, 2025, vol. 246, issue C Abstract: This study investigates the effect of hydrogen-based renewable energies on economic growth in 29 European countries, utilizing the Cob-Douglas production function and employing the RWLS estimation method. The findings reveal a substantial positive association between total hydrogen energy consumption and economic growth, with a 1 % increase corresponding to a 0.168667 % rise in GDP. Furthermore, the study differentiates the impacts of green and non-green hydrogen consumption, highlighting the stronger effect of green hydrogen on economic growth. Our study's policy implications advocate for a comprehensive and strategic approach to harnessing the economic potential of hydrogen-based renewable energies. By aligning policies with the findings of our research, governments and stakeholders can pave the way for a more sustainable and economically vibrant future, and should promote green hydrogen initiatives for enhanced energy security, environmental sustainability, and economic development. Keywords: Hydrogen consumption; Green hydrogen; Renewable energy; Energy transition; Economic growth (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:renene:v:246:y:2025:i:c:s0960148125005609 DOI: 10.1016/j.renene.2025.122898 Access Statistics for this article Renewable Energy is currently edited by Soteris A. Kalogirou and Paul Christodoulides More articles in Renewable Energy from Elsevier |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.