Economic Effects of Renewable Energy Technologies

Maradin Dario (), Cerović Ljerka () and Mjeda Trina ()
Additional contact information
Maradin Dario: University of Rijeka, Faculty of Economics, Rijeka, Croatia
Cerović Ljerka: University of Rijeka, Faculty of Economics, Rijeka, Croatia
Mjeda Trina: University North, Koprivnica, Croatia

Naše gospodarstvo/Our economy, 2017, vol. 63, issue 2, 49-59

Abstract: Rapid economic development has resulted in the more frequent use of renewable energy technologies. On the other hand, the production and use of renewables fosters the development of new technologies, creating many new opportunities for entrepreneurial-minded individuals and, consequently, the economy in general. Renewable energy technologies have a multiplier effect in spurring the economy and the development of not only the energy sector but also all the supporting activities related to such industry. The purpose of this research is to analyse both the positive and the negative economic effects of investing in various renewable technologies, as well as to confirm, by means of the energy-economy model, the benefit of such technologies in boosting the economy.

Keywords: renewable energy sources; new technologies; boosting the economy (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1515/ngoe-2017-0012 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:vrs:ngooec:v:63:y:2017:i:2:p:49-59:n:6

DOI: 10.1515/ngoe-2017-0012

Access Statistics for this article

Naše gospodarstvo/Our economy is currently edited by Vesna Čančer

More articles in Naše gospodarstvo/Our economy from Sciendo
Bibliographic data for series maintained by Peter Golla ().