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Is There Relationship between Renewable Electrical Consumption and Economic Growth in Romania?

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  • Liu Lu

    (Department of Finance, Ocean University of China, Qingdao, Shandong, China; 238, Songling Rd., Qingdao, Shandong, China)

Abstract

This study probes the causal link between renewable electrical consumption (REC) and economic growth (EG) in Romanian. In recent years, the development of renewable energy in Romania has achieved basic results, but it also faces many problems, such as funding, technical policies and so on. This paper reviews the development motivation, characteristics and main problems of renewable energy in Romania. And put forward strategies such as increasing investment in research and development, adapting to local conditions and sustainable development.

Suggested Citation

  • Liu Lu, 2018. "Is There Relationship between Renewable Electrical Consumption and Economic Growth in Romania?," HOLISTICA – Journal of Business and Public Administration, Sciendo, vol. 9(3), pages 137-144, December.
    • Handle: RePEc:vrs:hjobpa:v:9:y:2018:i:3:p:137-144:n:9
    DOI: 10.2478/hjbpa-2018-0027
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    References listed on IDEAS

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    Cited by:

    1. Wang, Shanyong & Wang, Jing & Lin, Shoufu & Li, Jun, 2019. "Public perceptions and acceptance of nuclear energy in China: The role of public knowledge, perceived benefit, perceived risk and public engagement," Energy Policy, Elsevier, vol. 126(C), pages 352-360.

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    More about this item

    Keywords

    Renewable electrical consumption; Economic growth;

    JEL classification:

    • G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
    • G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation
    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General

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