Knowledge Agora



Scientific Article details

Title Solar Energy Production and Economic Growth: An Analysis for EU Countries
ID_Doc 63232
Authors Filiz-Bastürk, M
Title Solar Energy Production and Economic Growth: An Analysis for EU Countries
Year 2024
Published Sosyoekonomi, 32, 60
DOI 10.17233/sosyoekonomi.2024.02.05
Abstract Producing and consuming solar energy as a clean energy resource in economies has gained importance. The importance of solar energy is based on reducing costs due to technological developments. Responsive to whether the contribution of investing in solar energy to reach proclaimed new development strategies in the EU Green Deal has been one of the critical indicators for policymakers nowadays. In this context, this paper analysed the impacts of solar energy production on the economic growth of EU member countries. After the analysis, using a two-way fixed effects model and Driscoll-Kraay standard errors 2018-2021, solar energy production's positive and statistically significant effects on economic growth were found.
Author Keywords Solar Energy; Economic Growth; EU Economies; Green Economy; European Green Deal
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Emerging Sources Citation Index (ESCI)
EID WOS:001263969700001
WoS Category Economics
Research Area Business & Economics
PDF https://doi.org/10.17233/sosyoekonomi.2024.02.05
Similar atricles
Scroll