2013
DOI: 10.1016/j.enpol.2013.01.032
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Regional spillover effects of renewable energy generation in Italy

Abstract: 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 unitroot 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 envir… Show more

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Cited by 57 publications
(34 citation statements)
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References 65 publications
(46 reference statements)
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“…In fact, energy use could differ in relation to several factors such as climate and economic environment. This is especially true for Italy as also highlighted by Magnani and Vaona [27] that analyze the connection between renewable energy generation and economic growth at a regional level in Italy. In fact, it is the regional government that has to translate into action European directions in terms of energy savings and sustainable economic growth.…”
Section: Introductionmentioning
confidence: 91%
See 1 more Smart Citation
“…In fact, energy use could differ in relation to several factors such as climate and economic environment. This is especially true for Italy as also highlighted by Magnani and Vaona [27] that analyze the connection between renewable energy generation and economic growth at a regional level in Italy. In fact, it is the regional government that has to translate into action European directions in terms of energy savings and sustainable economic growth.…”
Section: Introductionmentioning
confidence: 91%
“…Differently from Magnani and Vaona [27]; this study analyzes the aggregate energy consumption and TFP as a measure of economic growth.…”
Section: Introductionmentioning
confidence: 99%
“…This is because it softens the constraint of a country or a region [43,44]. Furthermore, if clean and efficient renewable energy is more widely used, benefits can be obtained for sustainable economic growth, and for environmental protection [45].…”
Section: The Share Of Coal In the Energy Consumption Structure (Coal)mentioning
confidence: 99%
“…Çalışmada elde edilen nedensellik yönleri, Payne (2011), Apergis and Payne (2011), Magnani and Vaona (2013), Apergis and Danuletiu (2014) gibi yazarların çalışmalarının sonuçları ile benzerlik gös-termektedir.…”
Section: Sonuç Değerlendirme Ve öNerilerunclassified