scholarly journals Correlations between energy economy and housing market prices in the EU-impacts on future sustainability

2017 ◽  
Vol 11 (1) ◽  
pp. 45-54 ◽  
Author(s):  
Maria Alexandra Maassen
Keyword(s):  
Renewable Energy ◽  
New Technologies ◽  
House Prices ◽  
Housing Prices ◽  
Total Energy Consumption ◽  
External Energy ◽  
Market Prices ◽  
Development Technology ◽  
Multiple Challenges ◽  
The Eu

Abstract The global economic system is facing multiple challenges in terms of social development, technology and innovation, as well as sustainability needs. As a result, the value of existing assets is changing globally depending on the scarcity, necessity and effects on the business field leading to increased prices of traditional sources of energy and increased competition in the economic field. Thus, the EU energy market has progressed in reducing its dependence on external energy sourcing, by increasing production of renewable energy, such as wind or solar, as well as by further integration of the electric grid. Based on the Pearson coefficient this article intends to research the correlations between the economic, energy and house prices in recent years and the future possible impacts depending on their evolution. For example, gas prices in the past decade increasing household costs in most countries due to the dependence on third parties for energy, lead to the need of increasing the share of renewable energy in total energy consumption, which have consequently decreased electricity prices since 2008. However, this development has still not solved the additional costs issue of households due to the new technologies implemented although wind and solar energy receive in general low margins. Such energy issues, as well as the increased housing prices after the financial crisis in 2008 have caused on their own an additional burden on the economy and households spending income in the next years following.

scholarly journals Linking between Renewable Energy, CO2 Emissions, and Economic Growth: Challenges for Candidates and Potential Candidates for the EU Membership

2019 ◽  
Vol 11 (6) ◽  
pp. 1528 ◽  
Author(s):  
Yuriy Bilan ◽  
Dalia Streimikiene ◽  
Tetyana Vasylieva ◽  
Oleksii Lyulyov ◽  
Tetyana Pimonenko ◽  
...  
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Co2 Emissions ◽  
Panel Cointegration ◽  
Potential Candidate ◽  
Total Energy Consumption ◽  
Renewable Energy Consumption ◽  
Eu Membership ◽  
The Eu

This paper investigates the impact of renewable energy sources (RESs), CO2 emissions, macroeconomics, and the political stability in a country on the Gross Domestic Product (GDP). The authors analyse the dynamics of RESs use, CO2 emissions, and GDP development and also test the following hypotheses: (1) The country’s economic growth is related to the energy consumption, in terms of both human resources and capital; (2) the share of the renewable energy consumption of the total energy consumption has a positive impact on the economic growth; and (3) the share of the renewable energy consumption of the total energy consumption is unrelated to the economic growth. To test the above hypotheses, the authors use the modified Cobb-Douglas production function, which also considers RES production volumes, CO2 emissions, and economic growth. The study employs data between 1995 to 2015 from the candidate and potential candidate countries for the EU membership. The data are drawn from the World Bank and Eurostat. The analyses entail panel unit root tests, Pedroni panel cointegration tests, fully modified OLS (FMOLS), dynamic OLS (DOLS) panel cointegration techniques, and the Vector Error Correction model (VECM). The findings confirm the relationship between RESs, CO2 emissions, and the GDP. For the EU countries, RESs as human resources and capital have an impact on the GDP. Moreover, the results reveal a correction retraction when the economic growth leads to an increase in renewable energy consumption. The investigation also finds that candidate and potential candidate countries for the EU membership should foster renewable energy development. The authors conclude that developing affordable and effective instruments and mechanisms to boost the RES implementation is necessary to decrease the anthropogenic impact on the environment (in particular, decreasing CO2 emissions) without any attendant reduction in the economic growth.

scholarly journals ANALYSIS OF WAYS FOR DECARBONIZATION OF THE EU HEATING SECTOR (REVIEW)

2020 ◽  
Vol 42 (4) ◽  
pp. 93-101
Author(s):  
T.A. Zheliezna ◽  
A.I. Bashtovyi
Keyword(s):  
Renewable Energy ◽  
Heat Supply ◽  
New Technologies ◽  
Renewable Energy Sources ◽  
District Heating ◽  
Energy Transition ◽  
Energy System ◽  
Green Energy ◽  
Heating Systems ◽  
The Eu

The aim of the work is to analyze possible ways of decarbonization of the EU heat supply sector. The task of the work is to identify the most promising areas and develop appropriate recommendations for Ukraine. The heat supply sector of the EU and Ukraine needs decarbonization, for which there is a big potential and different areas of implementation of relevant measures. In Europe, such a strategy is set out in the Roadmap for decarbonization of the EU heating sector until 2050, the main provisions of which are in line with objectives of the European Green Deal and the EU Strategy on Heating and Cooling. European experts have developed the concept of a smart energy system, which was taken into account when preparing the Roadmap for decarbonization of the EU heating sector until 2050. A number of carried out studies have shown that a smart energy system with 50% district heating integrated with other parts of the overall energy system is more efficient than a conventional energy system or the one based on decentralized heat supply, in terms of the possibility of using a high share of renewable energy. It is recommended for Ukraine to finalize the Concept of green energy transition until 2050, taking into account European approaches to the development of heating systems and the use of modern biofuels. It is also recommended to expand the current Concept of heat supply of Ukraine to the level of a strategy with an emphasis on the development of district heating systems, wide involvement of renewable energy sources and new technologies.

scholarly journals Renewable Energy Strategies Leading to Closer Europe-Japan Cooperation after 3/11

2018 ◽  
Vol 19 (2) ◽  
pp. 61-85
Author(s):  
Wilhelm Vosse
Keyword(s):  
Renewable Energy ◽  
New Technologies ◽  
Action Plan ◽  
European Countries ◽  
Energy Crisis ◽  
Renewable Energy Resources ◽  
Core Element ◽  
Global Energy ◽  
Member States ◽  
The Eu

The EU and Japan have intensified its cooperation and a broad range of fields since the early 1990s. Political, industrial and academic cooperation in the area of science and technology including in the improvement of new technologies to production of energy had become one core element since the early 1990s, and even more so with the 2001 EU-Japan Action Plan. The 3/11 disaster and the post-Fukushima energy future promise another area of cooperation, namely in dealing with the global energy crisis. Despite common interests between Japan and many European countries and the EU in regard to energy policy, research and development in nuclear safety and renewable energy resources, post-3/11 cooperation between Japan and European countries remained far from optimal. In the immediate post-disaster period, it was the initiatives of businesses and R&D interests rather than national government initiatives that provided first evidence that cooperation between Japan and the EU and individual EU member states might become more prominent in the face of a global energy crisis. This article analyzes the changes in bilateral and multilateral relations of the EU and some of its member states with Japan, and asks whether 3/11 can act as a trigger for the development of a joint Japanese-European energy strategy.

Do House Prices Affect Fertility Behavior in China? An Empirical Examination

2020 ◽  
Vol 43 (5) ◽  
pp. 423-449
Author(s):  
William A. V. Clark ◽  
Daichun Yi ◽  
Xin Zhang
Keyword(s):  
House Prices ◽  
Housing Prices ◽  
Negative Relationship ◽  
Household Finance ◽  
Empirical Examination ◽  
Market Prices ◽  
Large Cities ◽  
Negative Effect ◽  
The Cost ◽  
Original Interpretation

The article provides findings for China that are consistent with the studies that document a negative relationship between the cost of housing and fertility. Although some studies have questioned the negative relationship between housing market prices and fertility, overall the evidence from this large sample study in China suggests that the original interpretation of a negative relationship is still viable. The research uses data from the China Household Finance Survey between 2013 and 2017 to show that there is an approximately 0.94-percentage-point decrease in the probability of having a child under two with a 1 percent increase in housing prices. The article provides instrumental models to account for endogeneity. The results are robust across city levels and by wife’s age. The negative effect is significant in the thirty-five large cities in China but not significant for other smaller cities.

scholarly journals Comparing Renewable Energy Policies in the European Union and Turkey

2017 ◽  
Vol 10 (6) ◽  
pp. 112
Author(s):  
C. Zeynep Zafir ◽  
Mohammad Keivanfar
Keyword(s):  
European Union ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Renewable Resources ◽  
Renewable Energy Sources ◽  
Energy Condition ◽  
The European Union ◽  
Total Energy Consumption ◽  
Renewable Energy Consumption ◽  
The Eu

The European Commission’s policy on “climate change and energy” under the Renewable Energy Directive is an important part of the European Commission policies. As a target, the Commission wants its member countries to increase total energy consumption from renewable energy sources to 20% in the European Union (EU) by 2020. This means, any country which is interested in joining the EU should adhere to its policies and conditions regarding energy consumption. In this paper, firstly, we study the trend of renewable energy consumption in the EU. Data illustrate that the EU region, as a whole, is near its goal, although some members still have to work more or undertake reforms to reach the 20% renewable energy target. Secondly, the renewable energy condition in Turkey, a country that has been preparing in the past decade to join the EU, is surveyed. Based on the results, Turkey needs to pay attention to new renewable resources in order to reach the EU’s target.

AI and Migration Management

2020 ◽  
pp. 768-787
Author(s):  
Petra Molnar
Keyword(s):  
Human Rights ◽  
New Technologies ◽  
Forced Migration ◽  
Fundamental Rights ◽  
International Human Rights Law ◽  
Privacy Rights ◽  
International Regulation ◽  
Development Technology ◽  
And Migration ◽  
The Right

This chapter focuses on how technologies used in the management of migration—such as automated decision-making in immigration and refugee applications and artificial intelligence (AI) lie detectors—impinge on human rights with little international regulation, arguing that this lack of regulation is deliberate, as states single out the migrant population as a viable testing ground for new technologies. Making migrants more trackable and intelligible justifies the use of more technology and data collection under the guide of national security, or even under tropes of humanitarianism and development. Technology is not inherently democratic, and human rights impacts are particularly important to consider in humanitarian and forced migration contexts. An international human rights law framework is particularly useful for codifying and recognizing potential harms, because technology and its development are inherently global and transnational. Ultimately, more oversight and issue specific accountability mechanisms are needed to safeguard fundamental rights of migrants, such as freedom from discrimination, privacy rights, and procedural justice safeguards, such as the right to a fair decision maker and the rights of appeal.

Has tourism driven house prices in Germany? Time-varying evidence since 1870

2021 ◽  
pp. 135481662110088
Author(s):  
Sefa Awaworyi Churchill ◽  
John Inekwe ◽  
Kris Ivanovski
Keyword(s):  
World War Ii ◽  
Historical Data ◽  
House Prices ◽  
Housing Prices ◽  
Time Varying ◽  
Data Set ◽  
Time Series Modelling ◽  
The Impact ◽  
Tourism Flows ◽  
Non Parametric

Using a historical data set and recent advances in non-parametric time series modelling, we investigate the nexus between tourism flows and house prices in Germany over nearly 150 years. We use time-varying non-parametric techniques given that historical data tend to exhibit abrupt changes and other forms of non-linearities. Our findings show evidence of a time-varying effect of tourism flows on house prices, although with mixed effects. The pre-World War II time-varying estimates of tourism show both positive and negative effects on house prices. While changes in tourism flows contribute to increasing housing prices over the post-1950 period, this is short-lived, and the effect declines until the mid-1990s. However, we find a positive and significant relationship after 2000, where the impact of tourism on house prices becomes more pronounced in recent years.

scholarly journals Does the Increase in Renewable Energy Influence GDP Growth? An EU-28 Analysis

Energies ◽  
2021 ◽  
Vol 14 (16) ◽  
pp. 4762
Author(s):  
Daniela Nicoleta Sahlian ◽  
Adriana Florina Popa ◽  
Raluca Florentina Creţu
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Greenhouse Gases ◽  
Negative Impact ◽  
Gdp Growth ◽  
Panel Analysis ◽  
Renewable Sources ◽  
Per Capita ◽  
Near Future ◽  
The Eu

The aim of our study was to analyze whether the increase in the use of renewable energy can help GDP growth. The research carried out shows that renewable energy has the ability to decrease or neutralize the negative impact of greenhouse gases (GHG), but also to maintain economic growth. We focused our analysis on the EU-28 as we know that the EU Commission’s aim, in the near future, is to join forces to reduce the GHG used and move to renewable sources. We used a panel analysis with data between 2000 and 2019 from all Member States, and our results showed that their economic growth is influenced positively by the production of renewable energy, the GHG per capita, and the GHG intensity per GDP.

scholarly journals The role and significance of planning in the determination of house prices in Australia: Recent policy debates

2021 ◽  
pp. 0308518X2198894
Author(s):  
Peter Phibbs ◽  
Nicole Gurran
Keyword(s):  
Land Use ◽  
Housing Market ◽  
Land Use Planning ◽  
House Prices ◽  
Housing Prices ◽  
House Price ◽  
Evidence Base ◽  
Urban Housing ◽  
Price Inflation ◽  
Depth Analysis

On the world stage, Australian cities have been punching above their weight in global indexes of housing prices, sparking heated debates about the causes of and remedies for, sustained house price inflation. This paper examines the evidence base underpinning such debates, and the policy claims made by key commentators and stakeholders. With reference to the wider context of Australia’s housing market over a 20 year period, as well as an in depth analysis of a research paper by Australia’s central Reserve Bank, we show how economic theories commonly position land use planning as a primary driver of new supply constraints but overlook other explanations for housing market behavior. In doing so, we offer an alternative understanding of urban housing markets and land use planning interventions as a basis for more effective policy intervention in Australian and other world cities.

Sign in / Sign up

Export Citation Format

Share Document