Renewable vs non-renewable electricity and the industrial production nexus: Evidence from an ARDL bounds test approach for Greece
Autor(a) principal: | |
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Data de Publicação: | 2016 |
Outros Autores: | , |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10400.6/6759 |
Resumo: | This paper uses monthly data from Aug. 2004 to Feb. 2014 and employs the Autoregressive Distributed Lag bounds test approach to study the short and long-run relationship of renewable and non-renewable electricity with economic growth in Greece. Dummies reveal most of the major energy policy adaptations taking place in Greece to overcome the economic crisis and reach stipulated renewable energy targets. Results show that in the short-run, fossil sources play the baseload role in electricity production and there is a clear substitution effect between sources, while in the long-run, fossil sources contribute to the development of renewable energy sources as backup energy. |
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Renewable vs non-renewable electricity and the industrial production nexus: Evidence from an ARDL bounds test approach for GreeceElectricity - Economic growth nexusConventional - Renewable sourcesARDL bounds testGreeceThis paper uses monthly data from Aug. 2004 to Feb. 2014 and employs the Autoregressive Distributed Lag bounds test approach to study the short and long-run relationship of renewable and non-renewable electricity with economic growth in Greece. Dummies reveal most of the major energy policy adaptations taking place in Greece to overcome the economic crisis and reach stipulated renewable energy targets. Results show that in the short-run, fossil sources play the baseload role in electricity production and there is a clear substitution effect between sources, while in the long-run, fossil sources contribute to the development of renewable energy sources as backup energy.uBibliorumMarques, António CardosoFuinhas, José AlbertoMenegaki, Angeliki N.2019-01-14T10:28:01Z20162016-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.6/6759eng10.1016/j.renene.2016.05.033metadata only accessinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-12-15T09:45:31Zoai:ubibliorum.ubi.pt:10400.6/6759Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T00:47:24.227491Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Renewable vs non-renewable electricity and the industrial production nexus: Evidence from an ARDL bounds test approach for Greece |
title |
Renewable vs non-renewable electricity and the industrial production nexus: Evidence from an ARDL bounds test approach for Greece |
spellingShingle |
Renewable vs non-renewable electricity and the industrial production nexus: Evidence from an ARDL bounds test approach for Greece Marques, António Cardoso Electricity - Economic growth nexus Conventional - Renewable sources ARDL bounds test Greece |
title_short |
Renewable vs non-renewable electricity and the industrial production nexus: Evidence from an ARDL bounds test approach for Greece |
title_full |
Renewable vs non-renewable electricity and the industrial production nexus: Evidence from an ARDL bounds test approach for Greece |
title_fullStr |
Renewable vs non-renewable electricity and the industrial production nexus: Evidence from an ARDL bounds test approach for Greece |
title_full_unstemmed |
Renewable vs non-renewable electricity and the industrial production nexus: Evidence from an ARDL bounds test approach for Greece |
title_sort |
Renewable vs non-renewable electricity and the industrial production nexus: Evidence from an ARDL bounds test approach for Greece |
author |
Marques, António Cardoso |
author_facet |
Marques, António Cardoso Fuinhas, José Alberto Menegaki, Angeliki N. |
author_role |
author |
author2 |
Fuinhas, José Alberto Menegaki, Angeliki N. |
author2_role |
author author |
dc.contributor.none.fl_str_mv |
uBibliorum |
dc.contributor.author.fl_str_mv |
Marques, António Cardoso Fuinhas, José Alberto Menegaki, Angeliki N. |
dc.subject.por.fl_str_mv |
Electricity - Economic growth nexus Conventional - Renewable sources ARDL bounds test Greece |
topic |
Electricity - Economic growth nexus Conventional - Renewable sources ARDL bounds test Greece |
description |
This paper uses monthly data from Aug. 2004 to Feb. 2014 and employs the Autoregressive Distributed Lag bounds test approach to study the short and long-run relationship of renewable and non-renewable electricity with economic growth in Greece. Dummies reveal most of the major energy policy adaptations taking place in Greece to overcome the economic crisis and reach stipulated renewable energy targets. Results show that in the short-run, fossil sources play the baseload role in electricity production and there is a clear substitution effect between sources, while in the long-run, fossil sources contribute to the development of renewable energy sources as backup energy. |
publishDate |
2016 |
dc.date.none.fl_str_mv |
2016 2016-01-01T00:00:00Z 2019-01-14T10:28:01Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10400.6/6759 |
url |
http://hdl.handle.net/10400.6/6759 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
10.1016/j.renene.2016.05.033 |
dc.rights.driver.fl_str_mv |
metadata only access info:eu-repo/semantics/openAccess |
rights_invalid_str_mv |
metadata only access |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
instname_str |
Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
instacron_str |
RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository.name.fl_str_mv |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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1799136369579130880 |