{"id":11594,"date":"2026-08-04T08:48:31","date_gmt":"2026-08-04T06:48:31","guid":{"rendered":"https:\/\/anale.steconomiceuoradea.ro\/en\/?p=11594"},"modified":"2026-08-04T08:48:31","modified_gmt":"2026-08-04T06:48:31","slug":"renewable-energy-consumption-and-economic-growth-in-romania-evidence-from-a-time-series-econometric-analysis","status":"publish","type":"post","link":"https:\/\/anale.steconomiceuoradea.ro\/en\/2026\/08\/04\/renewable-energy-consumption-and-economic-growth-in-romania-evidence-from-a-time-series-econometric-analysis\/","title":{"rendered":"RENEWABLE ENERGY CONSUMPTION AND ECONOMIC GROWTH IN ROMANIA: EVIDENCE FROM A TIME-SERIES ECONOMETRIC ANALYSIS"},"content":{"rendered":"<p><strong>RENEWABLE ENERGY CONSUMPTION AND ECONOMIC GROWTH IN ROMANIA: EVIDENCE FROM A TIME-SERIES ECONOMETRIC ANALYSIS<\/strong><\/p>\n<p>Ioana ME\u0218TER, Ancu\u021ba SZABO (RADU)<\/p>\n<p><em>1 Department of Economics and Business, Doctoral School of Economics, Faculty of Economic Sciences, University of Oradea, Oradea, Romania<\/em><\/p>\n<p><em>2 Faculty of Economic Sciences, University of Oradea, Oradea, Romania<\/em><\/p>\n<p><em><u>imester@uoradea.ro<\/u><\/em><\/p>\n<p><em><u>szabo.ancuta@student.uoradea.ro<\/u><\/em><\/p>\n<p><strong><em>Abstract: <\/em><\/strong><em>This study investigates the relationship between renewable energy consumption, economic growth and environmental factors in Romania over the period 1990\u20132022. Using annual data and a time-series econometric framework, the analysis examines the long-run and short-run dynamics between gross domestic product (GDP), renewable energy consumption, carbon dioxide (CO\u2082) emissions, energy use, gross capital formation and trade openness. The Autoregressive Distributed Lag model approach is employed to explore cointegration relationships among the variables. The empirical results reveal the existence of a long-run equilibrium relationship between economic growth and the selected explanatory variables. Renewable energy consumption is found to have a positive but statistically insignificant impact on economic growth, suggesting that its contribution remains limited in the Romanian context. At the same time, CO\u2082 emissions and energy use are positively associated with economic growth, indicating that Romania\u2019s economic expansion is still partially dependent on conventional energy sources. Gross capital formation plays a significant role, particularly in the short run. The short-run dynamics confirm the adjustment towards long-run equilibrium, while causality analysis highlights the directional relationships between the variables. Overall, the findings emphasize the need to strengthen renewable energy policies to support sustainable economic growth.<\/em><\/p>\n<p><strong><em>Keywords: <\/em><\/strong><em>renewable energy; economic growth; CO2 emissions; ARDL; Romania; energy consumption.<\/em><\/p>\n<p><strong><em>JEL Classification: <\/em><\/strong><em>Q42; Q43; C32; O44.<\/em><\/p>\n<p><a href=\"https:\/\/anale.steconomiceuoradea.ro\/en\/wp-content\/uploads\/2026\/08\/15_Mester.pdf\">Download article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>RENEWABLE ENERGY CONSUMPTION AND ECONOMIC GROWTH IN ROMANIA: EVIDENCE FROM A TIME-SERIES ECONOMETRIC ANALYSIS Ioana ME\u0218TER, Ancu\u021ba SZABO (RADU) 1 Department of Economics and Business, Doctoral School of Economics, Faculty of Economic Sciences, University of Oradea, Oradea, Romania 2 Faculty of Economic Sciences, University of Oradea, Oradea, Romania imester@uoradea.ro szabo.ancuta@student.uoradea.ro Abstract: This study investigates the [&hellip;]<\/p>\n","protected":false},"author":123465,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[18],"tags":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p3c4cf-310","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/anale.steconomiceuoradea.ro\/en\/wp-json\/wp\/v2\/posts\/11594"}],"collection":[{"href":"https:\/\/anale.steconomiceuoradea.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anale.steconomiceuoradea.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anale.steconomiceuoradea.ro\/en\/wp-json\/wp\/v2\/users\/123465"}],"replies":[{"embeddable":true,"href":"https:\/\/anale.steconomiceuoradea.ro\/en\/wp-json\/wp\/v2\/comments?post=11594"}],"version-history":[{"count":1,"href":"https:\/\/anale.steconomiceuoradea.ro\/en\/wp-json\/wp\/v2\/posts\/11594\/revisions"}],"predecessor-version":[{"id":11598,"href":"https:\/\/anale.steconomiceuoradea.ro\/en\/wp-json\/wp\/v2\/posts\/11594\/revisions\/11598"}],"wp:attachment":[{"href":"https:\/\/anale.steconomiceuoradea.ro\/en\/wp-json\/wp\/v2\/media?parent=11594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anale.steconomiceuoradea.ro\/en\/wp-json\/wp\/v2\/categories?post=11594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anale.steconomiceuoradea.ro\/en\/wp-json\/wp\/v2\/tags?post=11594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}