<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>This paper investigates the effect of renewable energy on economic growth in Croatia for the period 1996-2018. The Autoregressive Distributed Lag (ARDL) technique is used to find the long run relationships between renewable energy, energy consumption and economic growth. The empirical analysis indicates that renewable energy has a positive and significant effect on economic growth in the short and long run. These findings indicate that the Croatian government can continue to boost renewable energy investment without impeding economic growth.</p>
</abstract>

This paper investigates the effect of renewable energy on economic growth in Croatia for the period 1996-2018. The Autoregressive Distributed Lag (ARDL) technique is used to find the long run relationships between renewable energy, energy consumption and economic growth. The empirical analysis indicates that renewable energy has a positive and significant effect on economic growth in the short and long run. These findings indicate that the Croatian government can continue to boost renewable energy investment without impeding economic growth.

The Effect of Renewable Energy Consumption on Economic Growth in Croatia

PhD Candidate at Faculty of Business and Economics

Zagreb International Review of Economics and Business

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

{"article-title":"The Effect of Renewable Energy Consumption on Economic Growth in Croatia"}

This paper investigates the effect of renewable energy on economic growth in Croatia for the period 1996-2018. The Autoregressive Distributed Lag (ARDL)...

The Effect of Renewable Energy Consumption on Economic Growth in Croatia

Published Online: May 29, 2021

Page range: 113 - 126

DOI: https://doi.org/10.2478/zireb-2021-0006

Keywords
Renewable energy, economic growth, ARDL, Croatia

© 2021 Sonia Pearson, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

The Effect of Renewable Energy Consumption on Economic Growth in Croatia

Published Online: May 29, 2021

Page range: 113 - 126

DOI: https://doi.org/10.2478/zireb-2021-0006

KeywordsRenewable energy, economic growth, ARDL, Croatia

© 2021 Sonia Pearson, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Keywords
Renewable energy, economic growth, ARDL, Croatia