کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
994822 1481302 2013 9 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Regional spillover effects of renewable energy generation in Italy
موضوعات مرتبط
مهندسی و علوم پایه مهندسی انرژی مهندسی انرژی و فناوری های برق
پیش نمایش صفحه اول مقاله
Regional spillover effects of renewable energy generation in Italy
چکیده انگلیسی

In a multivariate setting, we document that renewable energy generation has a positive impact on economic growth at the regional level in Italy. We do so by adopting panel data unit-root and cointegration tests as well as Granger non-causality tests relying on the system GMM estimator. Our results are interpreted in three ways. Renewable energy generation alleviates balance-of-payments constraints and reduces the exposure of a regional economy to the volatility of the price of fossil fuels and to negative environmental and health externalities deriving from non-renewable energy generation. Therefore, our evidence supports policies promoting renewable energy generation. In an appendix we show that our results are robust to the adoption of alternative econometric methods and definitions for our energy variable. They are also stable over time.


► Renewable energy generation enhances economic growth in Italian regions.
► We adopt a multivariate setting.
► We adopt various econometric approaches and time stability checks.
► We offer various economic interpretations for our results.
► Policies promoting renewable energy generations should be adopted.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Energy Policy - Volume 56, May 2013, Pages 663–671
نویسندگان
, ,