IDEAS home Printed from https://ideas.repec.org/a/gam/jeners/v14y2021i8p2186-d535906.html
   My bibliography  Save this article

“Green Energy” and the Standard of Living of the EU Residents

Author

Listed:
  • Mariusz Malinowski

    (Department of Economics, Faculty of Economics, Poznan University of Life Sciences, 60-639 Poznan, Poland)

Abstract

The author intended to present the relationship between the standard of living of EU citizens and the level of the development of renewable energy. It is particularly important in the context of the implementation of the sustainable development idea, by ensuring a high standard of living for both current and future generations, with rational use of available natural resources. The first, theoretical part of the article presents the problem related to the impact of renewable energy on the standard of living in a synthetic way. The second part involves empirical research conducted in all countries of the EU. To evaluate the level of renewable energy development and the standard of living, the author constructed original measures based on the TOPSIS method. Variables were selected on the basis of substantive, statistical and formal criteria (primarily the completeness and availability of data in 2019). Within the framework of the conducted study, the author obtained, among other things, a relatively high value of Spearman’s rank correlation coefficient between the constructed synthetic measures (0.47). Canonical analysis was used to identify the relationship between them. Numerous indicators, including canonical correlations, complete redundancy and extracted variances, were determined with the use of canonical analysis. Seven statistically significant canonical variables were identified. The value of the greatest and most statistically significant canonical correlation exceeded 0.94, and for the last statistically significant canonical variable, the value reached over 0.31. Statistical data were primarily obtained from the publicly available EUROSTAT database.

Suggested Citation

  • Mariusz Malinowski, 2021. "“Green Energy” and the Standard of Living of the EU Residents," Energies, MDPI, vol. 14(8), pages 1-35, April.
    • Handle: RePEc:gam:jeners:v:14:y:2021:i:8:p:2186-:d:535906
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1996-1073/14/8/2186/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/1996-1073/14/8/2186/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Mirosław Krzyśko & Wojciech Łukaszonek & Waldemar Wołyński, 2018. "Canonical Correlation Analysis In The Case Of Multivariate Repeated Measures Data," Statistics in Transition New Series, Polish Statistical Association, vol. 19(1), pages 75-85, March.
    2. Remus Creţan & Lucian Vesalon, 2017. "The Political Economy of Hydropower in the Communist Space: Iron Gates Revisited," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 108(5), pages 688-701, October.
    3. Marta Kuc, 2016. "Konwergencja społeczna i ekonomiczna regionów państw nordyckich," Collegium of Economic Analysis Annals, Warsaw School of Economics, Collegium of Economic Analysis, issue 41, pages 175-188.
    4. Mihaela Simionescu & Yuriy Bilan & Emília Krajňáková & Dalia Streimikiene & Stanisław Gędek, 2019. "Renewable Energy in the Electricity Sector and GDP per Capita in the European Union," Energies, MDPI, vol. 12(13), pages 1-15, June.
    5. Janusz Grabara & Arsen Tleppayev & Malika Dabylova & Leonardus W. W. Mihardjo & Zdzisława Dacko-Pikiewicz, 2021. "Empirical Research on the Relationship amongst Renewable Energy Consumption, Economic Growth and Foreign Direct Investment in Kazakhstan and Uzbekistan," Energies, MDPI, vol. 14(2), pages 1-18, January.
    6. Mariusz Malinowski & Joanna Smoluk-Sikorska, 2020. "Spatial Relations between the Standards of Living and the Financial Capacity of Polish District-Level Local Government," Sustainability, MDPI, vol. 12(5), pages 1-27, February.
    7. Llamosas, Cecilia & Sovacool, Benjamin K., 2021. "The future of hydropower? A systematic review of the drivers, benefits and governance dynamics of transboundary dams," Renewable and Sustainable Energy Reviews, Elsevier, vol. 137(C).
    8. Melissa G Naylor & Xihong Lin & Scott T Weiss & Benjamin A Raby & Christoph Lange, 2010. "Using Canonical Correlation Analysis to Discover Genetic Regulatory Variants," PLOS ONE, Public Library of Science, vol. 5(5), pages 1-6, May.
    9. Lawn, Philip A., 2003. "A theoretical foundation to support the Index of Sustainable Economic Welfare (ISEW), Genuine Progress Indicator (GPI), and other related indexes," Ecological Economics, Elsevier, vol. 44(1), pages 105-118, February.
    10. Cajo Braak, 1990. "Interpreting canonical correlation analysis through biplots of structure correlations and weights," Psychometrika, Springer;The Psychometric Society, vol. 55(3), pages 519-531, September.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Marcin Bogdański & Marcin Janusz, 2022. "Small Towns’ Functions as a Determinant of the Standard of Living in Rural Areas—An Example from Poland," Sustainability, MDPI, vol. 14(20), pages 1-21, October.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mariusz Malinowski, 2022. "Financial Situation of Local Government Units as a Determinant of the Standards of Living for the Polish Population," Energies, MDPI, vol. 15(15), pages 1-24, July.
    2. Joanna Smoluk-Sikorska & Mariusz Malinowski, 2021. "An Attempt to Apply Canonical Analysis to Investigate the Dependencies between the Level of Organic Farming Development in Poland and the Chosen Environmental Determinants," Energies, MDPI, vol. 14(24), pages 1-26, December.
    3. Mariusz Malinowski, 2021. "The Standard of Living of Inhabitants and the Scientific and Technological Potential in Selected European Union Regions," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 714-747.
    4. Joanna Smoluk-Sikorska & Mariusz Malinowski & Władysława Łuczka, 2020. "Identification of the Conditions for Organic Agriculture Development in Polish Districts—An Implementation of Canonical Analysis," Agriculture, MDPI, vol. 10(11), pages 1-31, October.
    5. Agnieszka Operacz, 2021. "Possibility of Hydropower Development: A Simple-to-Use Index," Energies, MDPI, vol. 14(10), pages 1-19, May.
    6. Jaewon Jung & Sungeun Jung & Junhyeong Lee & Myungjin Lee & Hung Soo Kim, 2021. "Analysis of Small Hydropower Generation Potential: (2) Future Prospect of the Potential under Climate Change," Energies, MDPI, vol. 14(11), pages 1-26, May.
    7. Aloyce Amasi & Maarten Wynants & William Blake & Kelvin Mtei, 2021. "Drivers, Impacts and Mitigation of Increased Sedimentation in the Hydropower Reservoirs of East Africa," Land, MDPI, vol. 10(6), pages 1-22, June.
    8. repec:ags:ijag24:344839 is not listed on IDEAS
    9. Malinowski, Mariusz, 2023. "Multidimensional relationships between the financial condition of rural communes and the standard of living of their inhabitants," Village and Agriculture (Wieś i Rolnictwo), Polish Academy of Sciences (IRWiR PAN), Institute of Rural and Agricultural Development, vol. 199(2), August.
    10. Wojciech Drożdż & Grzegorz Kinelski & Marzena Czarnecka & Magdalena Wójcik-Jurkiewicz & Anna Maroušková & Grzegorz Zych, 2021. "Determinants of Decarbonization—How to Realize Sustainable and Low Carbon Cities?," Energies, MDPI, vol. 14(9), pages 1-19, May.
    11. Daniel Ştefan Armeanu & Georgeta Vintilă & Ştefan Cristian Gherghina, 2017. "Empirical Study towards the Drivers of Sustainable Economic Growth in EU-28 Countries," Sustainability, MDPI, vol. 10(1), pages 1-22, December.
    12. Elena Vechkinzova & Yelena Petrenko & Yana S. Matkovskaya & Gaukhar Koshebayeva, 2021. "The Dilemma of Long-Term Development of the Electric Power Industry in Kazakhstan," Energies, MDPI, vol. 14(9), pages 1-21, April.
    13. Golob, Thomas F. & Recker, Wilfred W., 2001. "Relationships Among Urban Freeway Accidents, Traffic Flow, Weather and Lighting Conditions," Institute of Transportation Studies, Research Reports, Working Papers, Proceedings qt2fh4x5hp, Institute of Transportation Studies, UC Berkeley.
    14. Xinxin Liu & Nan Li & Feng Liu & Hailin Mu & Longxi Li & Xiaoyu Liu, 2021. "Optimal Design on Fossil-to-Renewable Energy Transition of Regional Integrated Energy Systems under CO 2 Emission Abatement Control: A Case Study in Dalian, China," Energies, MDPI, vol. 14(10), pages 1-25, May.
    15. Wei Wang & Kehui Wei & Oleksandr Kubatko & Vladyslav Piven & Yulija Chortok & Oleksandr Derykolenko, 2023. "Economic Growth and Sustainable Transition: Investigating Classical and Novel Factors in Developed Countries," Sustainability, MDPI, vol. 15(16), pages 1-15, August.
    16. Song, Zhiying & Ji, Jie & Zhang, Yuzhe & Cai, Jingyong & Li, Zhaomeng & Li, Yunhai, 2023. "Mathematical and experimental investigation about the dual-source heat pump integrating low concentrated photovoltaic and finned-tube exchanger," Energy, Elsevier, vol. 263(PE).
    17. Ewa Chomać-Pierzecka & Andrzej Kokiel & Joanna Rogozińska-Mitrut & Anna Sobczak & Dariusz Soboń & Jacek Stasiak, 2022. "Hydropower in the Energy Market in Poland and the Baltic States in the Light of the Challenges of Sustainable Development-An Overview of the Current State and Development Potential," Energies, MDPI, vol. 15(19), pages 1-19, October.
    18. Jacek Jaworski & Leszek Czerwonka, 2021. "Determinants of Enterprises’ Capital Structure in Energy Industry: Evidence from European Union," Energies, MDPI, vol. 14(7), pages 1-21, March.
    19. Benjamin Leard, 2011. "Joan Martinez-Alier and Ingo Ropke (eds.): Recent developments in ecological economics (2 vols.)," Journal of Bioeconomics, Springer, vol. 13(2), pages 161-178, July.
    20. Van de Kerk, Geurt & Manuel, Arthur R., 2008. "A comprehensive index for a sustainable society: The SSI -- the Sustainable Society Index," Ecological Economics, Elsevier, vol. 66(2-3), pages 228-242, June.
    21. J. Ram Pillarisetti & Jeroen C.J.M. van den Bergh, 2008. "Sustainable Nations: What do Aggregate Indicators tell us?," Tinbergen Institute Discussion Papers 08-012/3, Tinbergen Institute.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jeners:v:14:y:2021:i:8:p:2186-:d:535906. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.