Suchergebnisse

This study examines the causal relationship between economic growth and renewable energy consumption using data for 28 countries of European Union, taken from Eurostat database for years from 1995 to 2015. In addition, motivated by EU Directive 2009/28/EC, the tendency of the share of renewable energy consumption into the final energy consumption is analysed. Various panel data techniques implemented in EViews are used. The empirical results suggest a positive impact of renewable energy consumption on economic growth, and emphasize bidirectional or unidirectional Granger causalities between the two macroeconomic indicators, for each country in the panel. These results justify the political decisions of EU concerning the necessity of increasing the renewable energy consumption, and prove that this type of energy consumption has a strong positive impact on economic growth. Thus, the inclusion of such policies in future EU and national strategies is further motivated. Finally, by means of linear regression, an increasing trend was found for the ratio between renewable energy consumption and final energy consumption for all but one of the EU countries.

This study examines the causal relationship between economic growth and renewable energy consumption using data for 28 countries of European Union, taken from Eurostat database for years from 1995 to 2015. In addition, motivated by EU Directive 2009/28/EC, the tendency of the share of renewable energy consumption into the final energy consumption is analysed. Various panel data techniques implemented in EViews are used. The empirical results suggest a positive impact of renewable energy consumption on economic growth, and emphasize bidirectional or unidirectional Granger causalities between the two macroeconomic indicators, for each country in the panel. These results justify the political decisions of EU concerning the necessity of increasing the renewable energy consumption, and prove that this type of energy consumption has a strong positive impact on economic growth. Thus, the inclusion of such policies in future EU and national strategies is further motivated. Finally, by means of linear regression, an increasing trend was found for the ratio between renewable energy consumption and final energy consumption for all but one of the EU countries.

The policy related to the use of renewable sources is a key element of the energy policy executed in the European Union (EU). One of the targets set for 2050 is to increase the share of electricity in energy consumption to 50%, and 80% of electricity is to be generated from low-carbon sources. In recent years, the EU economies have significantly modified their electricity production, which raises the question of the scale of these changes. The aim of the presented analysis is to assess changes in the use of renewable sources for electricity production in the EU countries in 2005–2019. Gini coefficient and k-mean are applied in the analysis. The conducted research shows that EU countries, in line with the energy policy assumptions, have both increased the share of renewable sources in energy production, especially in electricity production, as well as increased the diversity of used renewable sources. The results also indicate a vast diversity in terms of the use of such sources for the production of renewable electricity in the EU. This indicates that the energy transition is being implemented by EU countries with individual country-level approaches. Nonetheless, a variety of the EU's both support and restrictive measures are of considerable importance for the ongoing energy transition.

An important element of the foreign trade research is an analysis of its commodity and geographical structure. A method of examining the similarity of foreign trade structure was proposed in this article and applied on the example of certain EU countries. The aim of this article is to assess the degree of similarity of foreign trade structures and to indicate the extent to which it reflects differences in economic development.
The study was conducted with the use of an original indicator of commodity structure similarity and a hierarchical cluster analysis for the period 2006—2015. It enabled to identify the most similar countries in terms of foreign trade structure. Data for the computations were obtained from the Eurostat.
The obtained results proved that countries with similar economic potential have a similar foreign trade structure.

The economic growth is one of the main drivers of pollution. Climate change caused by the increase in emissions has harmful and irreversible effects on economies as a whole. Currently, climate change represents a challenging issue for policymakers. This research intends to contribute to the current debate on the factors that contribute to reducing emissions, supplying empirical evidence of the role of environmental regulation in this process. In detail, this research aims to bridge a gap in the literature by giving special attention to the effects of market-based regulation, regulatory incentive policies for renewables deployment, and foreign direct investment on carbon dioxide emissions. To accomplish this objective, it uses yearly data from 1995 to 2017 for 17 European Union (EU) countries. To control for some possible endogeneity, and to study the short- and the longrun effects individually, an Autoregressive Distributed Lag (ARDL) model was used with a Driscoll-Kraay estimator. The main findings show that environmental regulation is effective in cutting CO2 emissions in the long-run. Additionally, the policies supporting renewable energy sources negatively affect CO2 emissions in both the short- and long-run. The effectiveness of these policies is further demonstrated, with foreign direct investment reducing carbon dioxide emissions, suggesting that the EU is managing to attract high quality and innovative investment. The pollution halo hypothesis was validated for EU countries. ; O crescimento económico é uma das principais causas da poluição. As alterações climáticas causadas pelo aumento das emissões têm efeitos prejudiciais e irreversíveis nas economias como um todo. Atualmente, as alterações climáticas representam um desafio para os formuladores de políticas. Esta pesquisa pretende contribuir para o debate atual sobre os fatores que contribuem para a redução das emissões, fornecendo evidências empíricas do papel da regulação ambiental nesse processo. Em detalhe, esta pesquisa visa preencher uma lacuna na literatura, dando especial atenção aos efeitos da regulação baseada no mercado, políticas regulatórias de incentivo à implementação de energias renováveis e investimento direto estrangeiro nas emissões de dióxido de carbono. Para atingir esse objetivo, foram utilizados dados anuais de 1995 a 2017 para 17 países da União Europeia (UE). Para controlar alguma possível endogeneidade e estudar os efeitos de curto e longo prazo individualmente, o modelo Autoregressive Distributed Lag (ARDL) foi usado com o estimador Driscoll-Kraay. As principais conclusões mostram que a regulação ambiental é eficaz no decréscimo as emissões de CO2 a longo prazo. Além disso, as políticas de apoio às fontes de energia renováveis afetam negativamente as emissões de CO2 no curto e no longo prazo. A eficácia dessas políticas é demonstrada ainda mais, uma vez que o investimento direto estrangeiro reduz as emissões de dióxido de carbono, sugerindo que a UE está a conseguir atrair investimento inovador e de alta qualidade. A hipótese pollution halo foi validada para os países da UE.

This paper studies the role of business sentiment in the decisions of multinational enterprises (MNEs) to undertake foreign direct investment (FDI) across European Union (EU) member states. Based on the knowledge-capital model, the study employs the Pseudo Poisson Maximum Likelihood (PPML) estimator and panel data to examine empirically the determinants of FDI across EU member states during the period 2003-2017. The empirical evidence suggests that better economic sentiment in an EU Member State induces MNEs to undertake FDI in that country, while worse economic sentiment in an EU member state motivates an MNE in that country to invest abroad.

For mainstream economics, rigidities in the labour market are the primary determinants of high and persistent long-term unemployment rates, leading to the need to reform labour market institutions and make them more flexible. Flexible labour markets would not only help to smooth normal business cycle fluctuations (implying a small impact of these fluctuations on employment and unemployment) but also to reduce the negative impacts on labour market of structural shocks. If we focus on the labour market performances in the European Union during the Great Recession, we can easily detect the existence of significant differences in the impact of this common structural shock on the domestic labour markets. For mainstream economics, the countries with the best results in terms of unemployment and employment would have been those that had a more flexible labour market at the beginning of the crisis and/or those having implemented reforms to increase this flexibility.The aim of this paper is to determine the validity of this argument, that is, whether labour reforms making the labour market more flexible effectively ensure macroeconomic stability by reducing the impact on the labour market of economic shocks. Using panel data techniques, we investigate whether, as mainstream studies argue, the evolution of employment and unemployment in the EU labour markets is explained, and to what extent, by the levels and changes registered in the indicators of employment protection legislation. Conversely, we examine whether, as heterodox and post-Keynesian studies suggest, this evolution is explained by the changes registered in economic activity (i.e., GDP growth).

The aim of this article is to identify and project trends in the development of the non-cash payment market in Poland in terms of the payment cards use. The study was carried out on the basis of data from the European Central Bank (ECB) for EU countries for the years 2000—2014. The space-time analogy method was used.
In Poland, the dynamics of payments by card at POS terminals (in commercial outlets) is higher than the EU average. However, in terms of such measures as the number of payment cards per capita as well as the number of POS terminals and ATMs per 1 million inhabitants, the gap between Poland and the EU average is over 10 years. In Poland, market was similar to 20 EU countries and will maintain development trends at least until 2020.

Although it is known that collective narcissism is associated with problematic intergroup relations, its predictors are less well understood. Two studies, conducted in four European Union countries (Germany, Greece, Portugal, the United Kingdom [UK]), tested the hypotheses that integrated (i.e., realistic and symbolic) threat (Study 1, N = 936) as well as distinctiveness threat (Study 2, N = 434) positively predict national collective narcissism and national ingroup satisfaction, but that only national collective narcissism predicts problematic intergroup relations in reference to threatening outgroups. The results were consistent with those hypotheses. The two types of threat predicted increased national collective narcissism and national ingroup satisfaction. However, only national collective narcissism was associated with negative emotions and hostile behavioral intentions toward the threatening outgroups, when its overlap with national ingroup satisfaction was partialled out. These cross-national findings advanced knowledge of predictors, as well as consequences, of collective narcissism. ; info:eu-repo/semantics/publishedVersion

Although it is known that collective narcissism is associated with problematic intergroup relations, its predictors are less well understood. Two studies, conducted in four European Union countries (Germany, Greece, Portugal, the United Kingdom [UK]), tested the hypotheses that integrated (i.e., realistic and symbolic) threat (Study 1, N = 936) as well as distinctiveness threat (Study 2, N = 434) positively predict national collective narcissism and national ingroup satisfaction, but that only national collective narcissism predicts problematic intergroup relations in reference to threatening outgroups. The results were consistent with those hypotheses. The two types of threat predicted increased national collective narcissism and national ingroup satisfaction. However, only national collective narcissism was associated with negative emotions and hostile behavioral intentions toward the threatening outgroups, when its overlap with national ingroup satisfaction was partialled out. These cross-national findings advanced knowledge of predictors, as well as consequences, of collective narcissism.

Logistic transportation works is considered the main pollutant for the environment, with over 25 per cent CO2 emissions in the EU. This situation has raised concerns for the EU and governments to find solutions and impose regulations to diminish the environmental impact. The purpose of this paper is to investigate two questions regarding environmental issues connected to transportation; "What are the recent trends for establishing sustainable logistics for different transportation methods?" "Which alternatives can be incentivized to decrease the environmental impact of transportation activities?" These projects among the most noteworthy environmental benefits, which are also the case studies of this research are The Viking Concept, The WestMed Bridge, Scandinavian Shuttle and Baxter Inland Sea Transport. The result highlighted in this research is that shifting transportation modes has been successfully implemented, with considerable positive outcomes in terms of environment impact, cost and lead times in several European Union funded projects.