Impacts of Renewable Energy on CO<sub>2</sub> Emission: Evidence from the Visegrad Group Countries

Uğurlu, Erginbay

doi:10.2478/pce-2022-0013

Cited by 8 publications

(6 citation statements)

References 51 publications

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“…Other studies by authors who look at profitability both from the point of view of economic return on investment and from the point of view of putting profitability indicators into different models show that the topic of profitability is of general interest in the V4 region as a whole. These authors also include Sagan et al (2022), Ugurlu (2022), andMichalkova et al (2022).…”

Section: Discussionmentioning

confidence: 99%

Does the Size of the Business Still Matter, or Is Profitability under New Management, by Order of the COVID-19?

Blazek

Ďurana

Michulek

et al. 2023

JRFM

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Businesses should come up with a strategy, plans, and goals so that their total assets can make a profit during the transformation process. Utilizing various features of a property can generate this income. This comparison provides evidence of profitability. During the global economic downturn, a number of businesses encountered issues that caused their payment situations and profitability to deteriorate. The goal of this article is to ascertain whether particular profitability indicators also revealed the pandemic-related global crisis, particularly in the Visegrad Group countries. This analysis was conducted based on categories of business size. Specifically, 8671 enterprises were analyzed. The evaluation of indicators revealed whether there was a significant change in a negative direction, a significant change in a positive direction, or no significant change. It was possible to make a clear diagram of the companies that took part in the study and to figure out the median values in order to compare the results of the chosen profitability indicators. Correspondence analysis was conducted so that conclusions could be more accurate. According to the findings of this study, indicators of ROA, ROE, and ROS did not change significantly across enterprise size categories in the years preceding, during, and after the pandemic. Since the government regulations of the V4 countries had a significant impact on these businesses, the change was most obvious in the case of small businesses within the ROS indicator. The added value of the article is derived from its analysis of selected profitability indicators in the largest group of Central European nations and its relevance.

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Section: Discussionmentioning

confidence: 99%

Does the Size of the Business Still Matter, or Is Profitability under New Management, by Order of the COVID-19?

Blazek

Ďurana

Michulek

et al. 2023

JRFM

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“…The authors conclude that energy consumption is positively related to economic growth, and this relationship is more efficient in Visegrad countries than in the other 14 EU countries. Uğurlu (2022) investigates the renewable energy and CO2 emission relationship for the V4 countries and finds a significant decreasing effect of renewable energy on CO2 emission.…”

Section: Energy Consumption Gdp and Environmental Impactmentioning

confidence: 99%

The relationship between electricity consumption, trade, and GDP and the effect of COVID-19: a panel ARDL approach on the Visegrad countries

Uğurlu,

Jindřichovská

2024

Front. Energy Res.

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The aim of the study is to explore the linkage between electricity consumption, international trade and GDP during the COVID-19 pandemic in a sample of the Visegrad Four (V4) countries. The study uses data from the period of 2010 Q1–2021 Q3. Applying the panel-pooled mean group-autoregressive distributed lag (PMG-ARDL) model, we evaluate both long-run and short-run linkages among electricity consumption, trade, GDP, and the COVID-19 pandemic. We tested both the long-run and short-run linkages among electricity consumption, trade, GDP, and a COVID-19 dummy variable for the Visegrad countries. The main contribution of this study to the literature is testing the effect of COVID-19 on electricity demand by considering trade and GDP for the Visegrad countries. Our empirical findings show that there is no long-term causal relationship among these variables for the Visegrad countries. But, on the other hand, even if the trade variable is not significant in the long run, it is significant in the short run and for the cross-section models as it concerns the policy implications stemming from this exceptional and unique situation. We learned that it is difficult to frame any viable policy implications from such an extraordinary situation when many states have not tested their ad hoc measures. The best way, we consider, would be to renew trade and improve production before the next crisis. Nonetheless, in the area of technology, this painful period brought faster digitalization in all segments and the rationing of natural resources.

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“…In rural areas, however, solid fuel heating dominates in single-family buildings, which is often of poor quality (Olczak & Komorowska, 2021). On the other hand, heating installations are often based on energy-inefficient technologies that allow the combustion of fuels at relatively low temperatures, which contribute to excessive emissions of harmful substances into the air (Uğurlu, 2022).…”

Section: The Importance Of Using Renewable Energy Sources In Rural Areasmentioning

confidence: 99%

Opportunities And Threats to the Development of Renewable Energy in Rural Areas in the Czech Republic and Poland

Edl¹,

Dzikuć²

2023

Proceedings of the International Scientific Conference Hradec Economic Days 2023

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The Czech Republic and Poland face serious challenges related to the further development of renewable energy sources. It should be emphasized that a significant part of renewable energy sources (mainly except for photovoltaics) can be particularly easily implemented in rural areas. This is due to the dispersed development and the possibility of locating RES installations away from residential buildings. This may be particularly important in the case of biogas plants or large wind farms, which may be considered burdensome by some residents. It should be emphasized that both the Czech Republic and Poland do not fully exploit the potential of renewable energy sources in rural areas. The aim of the article is to determine the potential of rural areas in the Czech Republic and Poland to implement solutions based on renewable energy sources in the production of electricity and heat. The Foresight method was used during the research. The article also indicates the conditions related to the relief of energy transmission networks in connection with the reduction of the importance of large coal-fired power plants. It should be emphasized that the dispersion of energy generation sites will mean that energy will not have to be transmitted over very long distances.

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Impacts of Renewable Energy on CO₂ Emission: Evidence from the Visegrad Group Countries

Cited by 8 publications

References 51 publications

Does the Size of the Business Still Matter, or Is Profitability under New Management, by Order of the COVID-19?

Does the Size of the Business Still Matter, or Is Profitability under New Management, by Order of the COVID-19?

The relationship between electricity consumption, trade, and GDP and the effect of COVID-19: a panel ARDL approach on the Visegrad countries

Opportunities And Threats to the Development of Renewable Energy in Rural Areas in the Czech Republic and Poland

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Impacts of Renewable Energy on CO2 Emission: Evidence from the Visegrad Group Countries

Cited by 8 publications

References 51 publications

Does the Size of the Business Still Matter, or Is Profitability under New Management, by Order of the COVID-19?

Does the Size of the Business Still Matter, or Is Profitability under New Management, by Order of the COVID-19?

The relationship between electricity consumption, trade, and GDP and the effect of COVID-19: a panel ARDL approach on the Visegrad countries

Opportunities And Threats to the Development of Renewable Energy in Rural Areas in the Czech Republic and Poland

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Product

Resources

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Impacts of Renewable Energy on CO₂ Emission: Evidence from the Visegrad Group Countries