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Renewable Energy, Economic Growth and Economic Development Nexus: A Bibliometric Analysis

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  • Henrique Oliveira

    (NECE—Núcleo de Estudos em Ciências Empresariais and Management and Economics Department, University of Beira Interior, 6201-001 Covilhã, Portugal)

  • Víctor Moutinho

    (NECE—Núcleo de Estudos em Ciências Empresariais and Management and Economics Department, University of Beira Interior, 6201-001 Covilhã, Portugal)

Abstract

The present research aims to conduct a systemic review on Renewable Energy, Economic Growth and Economic Development and look for links between the papers published between 2008 and May 2021. Using the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) methodology, it was possible to reach a sample of 111 articles selected by Web of Science and a sample of 199 academic articles selected by Scopus in that specific period. The analysis of the group of Renewable and Non-renewable Energy Consumption, Economic Growth and Economic Development shows that most of the articles published in this subsample use the quantitative methodology in economic sciences. The results indicate that research on the subject has a growing trend and that most of the articles are post-2015 publications. In addition, China has been the leading nation in published works. The journal Renewable and Sustainable Energy Reviews is considered the most relevant in this category, and Sustainability has the most publications. Finally, a research gap was identified to be explored, lacking studies aimed at understanding the consumption of renewable energies and economic development and studies that focus on renewable energies and economic growth in less developed economies.

Suggested Citation

  • Henrique Oliveira & Víctor Moutinho, 2021. "Renewable Energy, Economic Growth and Economic Development Nexus: A Bibliometric Analysis," Energies, MDPI, vol. 14(15), pages 1-28, July.
    • Handle: RePEc:gam:jeners:v:14:y:2021:i:15:p:4578-:d:603512
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    4. Chi Zhang & Binyue Xu & Jasronita Jasni & Mohd Amran Mohd Radzi & Norhafiz Azis & Qi Zhang, 2023. "Three Voltage Vector Duty Cycle Optimization Strategy of the Permanent Magnet Synchronous Motor Driving System for New Energy Electric Vehicles Based on Finite Set Model Predictive Control," Energies, MDPI, vol. 16(6), pages 1-18, March.
    5. Bartosz Bartniczak & Andrzej Raszkowski, 2022. "Implementation of the Sustainable Cities and Communities Sustainable Development Goal (SDG) in the European Union," Sustainability, MDPI, vol. 14(24), pages 1-14, December.
    6. Mukhtarov, Shahriyar & Yüksel, Serhat & Dinçer, Hasan, 2022. "The impact of financial development on renewable energy consumption: Evidence from Turkey," Renewable Energy, Elsevier, vol. 187(C), pages 169-176.
    7. Bartolomé Marco-Lajara & Javier Martínez-Falcó & Eduardo Sánchez-García & Luis A. Millan-Tudela, 2023. "Analyzing the Role of Renewable Energy in Meeting the Sustainable Development Goals: A Bibliometric Analysis," Energies, MDPI, vol. 16(7), pages 1-22, March.
    8. László Török, 2023. "Effects of Energy Economic Variables on the Economic Growth of the European Union (2010–2019)," Energies, MDPI, vol. 16(16), pages 1-17, August.
    9. He, Xu & Sun, Shiquan & Leong, Lin Woon & Cong, Phan The & Abu-Rumman, Ayman & Halteh, Khaled, 2023. "Does clean energy and technological innovation matter for economic growth? An Asian countries perspective," Economic Analysis and Policy, Elsevier, vol. 78(C), pages 1195-1208.
    10. Adriana Florina Popa & Valentin Burca & Daniela Nicoleta Sahlian & Daniela Livia Trasca, 2022. "The Interaction Between Renewable Energy Consumption and the Institutional Framework from a Circular Economy-Based Perspective," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 24(61), pages 648-648, August.
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