Economic Impact of Renewable Energy Investments on National GDP Growth
Keywords:
Renewable energy, GDP growth, economic development, sustainable investment, energy policyAbstract
This study investigates the macroeconomic effects of renewable energy investments on national GDP growth. Using panel data from 30 countries over the past 15 years, findings indicate that higher investments in solar, wind, and hydroelectric energy positively influence GDP, job creation, and energy security. Policy implications for governments include targeted subsidies, tax incentives, and infrastructure development for renewable energy adoption.
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Copyright (c) 2016 The Sankalpa: International Journal of Management Decisions

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