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Indicative Approach to Assessing Investment Attractiveness of Countries: the Sphere of Renewable Energy

Author

Listed:
  • Voitko Sergii

    (National Technical University of Ukraine "Kyiv Polytechnic Institute")

  • Shatkovsky Alexander V.

    () (National Technical University of Ukraine "Kyiv Polytechnic Institute")

Abstract

The article conducts assessment of indices and indicators that characterise the sphere of renewable energy at the international level. A number of indicators, such as All Renewables Index, Sustainable Development Index, Index of Economic Freedom, GDP per capita, International Index of Energy Security Risk and Renewable Energy Use are offered for the analysis. The selection is made from countries that are included into the Attractiveness Index from the point of view of investing into the renewable energy. The Index is developed by the international auditing company Ernst & Young. The article conducts assessment of these indicators, cluster analysis using the k-average method and builds graphs of distribution of countries in different co-ordinates. It conducts a comparative analysis of the obtained results with the Ukrainian indicators.

Suggested Citation

  • Voitko Sergii & Shatkovsky Alexander V., 2013. "Indicative Approach to Assessing Investment Attractiveness of Countries: the Sphere of Renewable Energy," Business Inform, RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), Kharkiv National University of Economics, issue 7, pages 141-148.
  • Handle: RePEc:idp:bizinf:y:2013:i:7:p:141_148
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