TITLE:
Evaluation of Economic, Social Effects of Renewable Energy Technologies
AUTHORS:
Lucio Laureti, Marco Giuseppe Lupis Rogges, Alberto Costantiello
KEYWORDS:
Renewable Energy Sector, Unemployment, Panel Unit Roots Causality, Fixed Effects Model, Social Effects, Sustainability
JOURNAL NAME:
Journal of Environmental Protection,
Vol.9 No.11,
October
15,
2018
ABSTRACT: 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.