Sisodia, Gyanendra Singh and Soares, Isabel and Ferreira, Paula (2016) The effect of sample size on European Union’s renewable energy investment drivers. Applied Economics, NA . NA. ISSN 0003-6846
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Abstract
Macroeconomic modelling results based on relatively varying sample sizes may lead to incoherent
results. Such effects have not been adequately understood in the renewable energy literature
regarding the European Union (EU). This study focuses on the comparison of results obtained for
renewable energy investment drivers (for solar and wind energy investments) on different
samples of EU countries, including all EU-27, former EU-15 and 11 high renewable investment
EU countries. The study used a random effect panel data modelling approach over the period
1995–2011 for studying the impact of the levelized cost, regulation perception, carbon emissions
and climatic condition on wind and solar investments over the three samples. The results
demonstrate the importance of trustable regulation schemes to ensure that regulation will not
have a significant negative effect on investment, showing also the need to further extend the
model to include support schemes as fundamental drivers for investment.
| Item Type: | Journal Article |
|---|---|
| Subjects: | H Social Sciences > HC Economic History and Conditions |
| Divisions: | Faculty of Business and Economics (FBE) > Graduate School of Business |
| Depositing User: | Fulori Nainoca - Waqairagata |
| Date Deposited: | 04 Jul 2016 04:21 |
| Last Modified: | 22 Oct 2024 10:32 |
| URI: | http://repository.usp.ac.fj/id/eprint/9030 |
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