The contribution of renewable energy sector value added to the national economic development in Denmark: an empirical analysis

IF 0.4 Q4 ECONOMICS Review of Economic Perspectives Pub Date : 2024-04-25 DOI:10.2478/revecp-2024-0003
Oleg Dubinskii
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Abstract

Examining the relationship between sustainability and economic development was covered by research over the past decades. The initial goal of the present research is to evaluate the contribution of renewable energy sector value added to the national economic development in Denmark. The research tasks of this study include assessment of carbon dioxide allowances and environmental taxation as well as the effect of other factors in terms of their contribution to the economic growth. The application of the regression analysis in order to examine the relationship between renewable energy industry and national economic development in Denmark shows that the increasing of renewable energy value added leads to the sizeable expansion of the gross domestic product. From the environmental-economic standpoint this is presumably the first research to make unambiguous conclusion, that proves significance of renewable energy value added for economic development in Denmark. Likewise, the results of the present study prove that expanding usage of carbon dioxide (CO₂) allowances in Denmark leads to quite considerable increase of the gross domestic product. Besides that, this study provided evidence regarding positive and statistically significant impact of the other factors on the economic growth.
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可再生能源部门的附加值对丹麦国民经济发展的贡献:实证分析
在过去几十年中,对可持续性与经济发展之间关系的研究一直在进行。本研究的最初目标是评估可再生能源部门的附加值对丹麦国民经济发展的贡献。本研究的任务包括评估二氧化碳配额和环境税以及其他因素对经济增长的影响。应用回归分析法研究丹麦可再生能源产业与国民经济发展之间的关系表明,可再生能源附加值的增加会导致国内生产总值的大幅增长。从环境经济的角度来看,这可能是首次有研究得出明确结论,证明可再生能源附加值对丹麦经济发展的重要意义。同样,本研究的结果也证明,在丹麦扩大二氧化碳(CO₂)配额的使用会带来相当可观的国内生产总值增长。此外,本研究还提供了其他因素对经济增长产生积极影响的证据,而且这些影响在统计学上具有重要意义。
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来源期刊
CiteScore
1.40
自引率
0.00%
发文量
10
审稿时长
38 weeks
期刊最新文献
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