Can renewable energy sources pump the economy

Georgiana Tatiana Bondac and Alexandru Toma
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Georgiana Tatiana Bondac: "Valahia" University of Târgoviște, Romania
Alexandru Toma: Delta Energy Europe, Romania

Theoretical and Applied Economics, 2023, vol. XXX, issue 2(635), Summer, 119-124

Abstract: The objective of this study is to collect and measure the impact of renewable sources on the development of the energy sector. This is done using a holistic macroeconomic framework. In particular, the study provides quantitative evidence on the macroeconomic effects of renewables on global energy deployment. In addition, it improves existing knowledge on the socioeconomic impact of renewable energy deployment globally. All relevant economic interactions are considered in a single quantitative framework in this study, which is based on macroeconomics.

Keywords: renewable resources; green energy; energy sector; investments; economic impact; macroeconomic perspective; sustainability. (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:2(635):y:2023:i:2(635):p:119-124

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