The relationship between renewable energy consumption and economic growth in Serbia
Renewable energy plays a vital role in achieving sustainable growth that entails economic development that meets the needs of the present generation without compromising the ability of future generations to meet their own needs. The study analyzes the relationship between renewable energy consumptio...
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| Format: | Article |
| Language: | English |
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Visoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, Kruševac
2024-01-01
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| Series: | Trendovi u Poslovanju |
| Subjects: | |
| Online Access: | https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2024/2334-816X2402079K.pdf |
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| _version_ | 1823859872716816384 |
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| author | Kalaš Branimir Mirović Vera Pavlović Nataša |
| author_facet | Kalaš Branimir Mirović Vera Pavlović Nataša |
| author_sort | Kalaš Branimir |
| collection | DOAJ |
| description | Renewable energy plays a vital role in achieving sustainable growth that entails economic development that meets the needs of the present generation without compromising the ability of future generations to meet their own needs. The study analyzes the relationship between renewable energy consumption and economic growth in Serbia for the period of 2006-2020. Empirical results indicate a positive effect of renewable energy consumption on economic growth, as well as a unidirectional causality between these variables. The findings confirm that higher renewable energy consumption contributes to greater economic growth rates. |
| format | Article |
| id | doaj-art-f3f5f89ffcb949d6a503ae31daea7d39 |
| institution | Kabale University |
| issn | 2334-816X 2334-8356 |
| language | English |
| publishDate | 2024-01-01 |
| publisher | Visoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, Kruševac |
| record_format | Article |
| series | Trendovi u Poslovanju |
| spelling | doaj-art-f3f5f89ffcb949d6a503ae31daea7d392025-02-10T19:38:25ZengVisoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, KruševacTrendovi u Poslovanju2334-816X2334-83562024-01-01122798610.5937/trendpos2402079K2334-816X2402079KThe relationship between renewable energy consumption and economic growth in SerbiaKalaš Branimir0https://orcid.org/0000-0002-9141-7957Mirović Vera1https://orcid.org/0000-0002-1465-4692Pavlović Nataša2https://orcid.org/0000-0002-2578-2585Univerzitet u Novom Sadu, Ekonomski fakultet, Subotica, SerbiaUniverzitet u Novom Sadu, Ekonomski fakultet, Subotica, SerbiaTuristička organizacija Vojvodine, Novi Sad, SerbiaRenewable energy plays a vital role in achieving sustainable growth that entails economic development that meets the needs of the present generation without compromising the ability of future generations to meet their own needs. The study analyzes the relationship between renewable energy consumption and economic growth in Serbia for the period of 2006-2020. Empirical results indicate a positive effect of renewable energy consumption on economic growth, as well as a unidirectional causality between these variables. The findings confirm that higher renewable energy consumption contributes to greater economic growth rates.https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2024/2334-816X2402079K.pdfrenewable energyconsumptioneconomic growthcausalityserbia |
| spellingShingle | Kalaš Branimir Mirović Vera Pavlović Nataša The relationship between renewable energy consumption and economic growth in Serbia Trendovi u Poslovanju renewable energy consumption economic growth causality serbia |
| title | The relationship between renewable energy consumption and economic growth in Serbia |
| title_full | The relationship between renewable energy consumption and economic growth in Serbia |
| title_fullStr | The relationship between renewable energy consumption and economic growth in Serbia |
| title_full_unstemmed | The relationship between renewable energy consumption and economic growth in Serbia |
| title_short | The relationship between renewable energy consumption and economic growth in Serbia |
| title_sort | relationship between renewable energy consumption and economic growth in serbia |
| topic | renewable energy consumption economic growth causality serbia |
| url | https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2024/2334-816X2402079K.pdf |
| work_keys_str_mv | AT kalasbranimir therelationshipbetweenrenewableenergyconsumptionandeconomicgrowthinserbia AT mirovicvera therelationshipbetweenrenewableenergyconsumptionandeconomicgrowthinserbia AT pavlovicnatasa therelationshipbetweenrenewableenergyconsumptionandeconomicgrowthinserbia AT kalasbranimir relationshipbetweenrenewableenergyconsumptionandeconomicgrowthinserbia AT mirovicvera relationshipbetweenrenewableenergyconsumptionandeconomicgrowthinserbia AT pavlovicnatasa relationshipbetweenrenewableenergyconsumptionandeconomicgrowthinserbia |