Author(s)

Lucio Laureti, Marco Giuseppe Lupis Rogges, Alberto Costantiello

Department of Economics, LUM Jean Monnet, Bari, Italy.

What is sustainability? Does it only concern the environment or even socio-economic policies? It is only a question of ethics or a redefinition of industrial policy oriented towards the use of renewable energy, it can bring benefits both atmospheric and social employment. The need for the development of renewable sources can be in tune with the correct management of the territory in consideration of the fact that these sources involve the widespread implementation of small and medium-sized plants. A model of economic development based on renewable sources should respect the peculiarities and characteristics of the territories involved. It should also think of the territory as a “value” to be strengthened and used in a sustainable and integrated way and no longer as a passive platform on which to install plants. Solar thermal and photovoltaic, biomass, geothermal, hydrological, wind power are some of the sources the various countries must constantly invest. This publication is based on these concepts starting from an analysis of the employment data of the OECD “Organisation for Economic Co-operation and Development countries”, comparing them successively with the results of renewable energy productivity. The analysis was performed by analyzing a sample of 22 countries over a period of 20 years, after which the regression curve for the variables with the OLS method was created. This econometric method has allowed us to analyze the impact that renewable technologies have on the parameters of social welfare and in particular on unemployment.

Renewable Energy Sector, Unemployment, Panel Unit Roots Causality, Fixed Effects Model, Social Effects, Sustainability

Laureti, L. , Rogges, M. and Costantiello, A. (2018) Evaluation of Economic, Social Effects of Renewable Energy Technologies. Journal of Environmental Protection, 9, 1143-1154. doi: 10.4236/jep.2018.911071.