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Assessment of Lithuanian Energy Sector Influence on GDP

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  • Irena Macherinskiene
  • Inna Kremer Matyskevich

Abstract

The relationship between the Economic growth and Energy Sector performance is unquestionable. Honewer it is not an easy task to evaluate the strength of this relationship. The majority of scientists are investigating the impact of certain Energy Sector’s activities on the overall energy consumption, climate change or Economic growth. This article analyzes the influence of Energy Sector to GDP of Lithuania. The objective of the research is to show how the results of Lithuanian Energy Sector in 2005 – 2015 have been changed and to determine their impact on GDP.

Suggested Citation

  • Irena Macherinskiene & Inna Kremer Matyskevich, 2017. "Assessment of Lithuanian Energy Sector Influence on GDP," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 13(4), pages 43-59.
    • Handle: RePEc:mje:mjejnl:v:13:y:2017:i:4:p:43-59
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