Renewable energy production and employment: comparative analysis on European and Asian countries
International Journal of Energy Sector Management
ISSN: 1750-6220
Article publication date: 12 September 2022
Issue publication date: 18 May 2023
Abstract
Purpose
The purpose of this paper is to undertake comparative analysis examining the effect of renewable energy production on employment focusing on European and Asian Countries.
Design/methodology/approach
The study utilizes panel data from the period 2000 to 2018 and System Generalized Method of Moments (System GMM) for the analysis. This study focuses on 50 European and 40 Asian countries data used for the analysis.
Findings
The result of the study indicates that, renewal energy production has positively affected employment in both European and Asian countries. However, the positive effect result of European countries is stronger than that of Asian countries.
Practical implications
The study recommends that, governments among these countries should continue to show strong commitment towards investing in renewable energy production as stated in Paris Agreement (2015). This will have a strong effect towards increasing further employment creation among these countries.
Originality/value
Numerous empirical studies have been carried out examining the effect of renewable energy production on employment. This study contributes to existing empirical studies by undertaking comparative analysis to examine the subject matter focusing on European and Asian countries.
Keywords
Acknowledgements
Wholeheartedly, we thank GOD for the immense knowledge and understanding He granted us which has helped us to finish this paper.
Funding: This research received no specific grant from any funding agency in the public, commercial, or not-for-profit sectors.
Disclosure statement: No potential conflict of interest was reported by the author.
Data availability statement: The data that support the findings of this study are openly available in [figshare] at https://datatopics.worldbank.org/world-developmentindicators/
DOI [10.6084/m9.figshare.19556992].
Citation
Osei, B., Kunawotor, M.E. and Kulu, E. (2023), "Renewable energy production and employment: comparative analysis on European and Asian countries", International Journal of Energy Sector Management, Vol. 17 No. 4, pp. 761-778. https://doi.org/10.1108/IJESM-04-2022-0015
Publisher
:Emerald Publishing Limited
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