Forthcoming and Online First Articles

International Journal of Portfolio Analysis and Management

International Journal of Portfolio Analysis and Management (IJPAM)

Forthcoming articles have been peer-reviewed and accepted for publication but are pending final changes, are not yet published and may not appear here in their final order of publication until they are assigned to issues. Therefore, the content conforms to our standards but the presentation (e.g. typesetting and proof-reading) is not necessarily up to the Inderscience standard. Additionally, titles, authors, abstracts and keywords may change before publication. Articles will not be published until the final proofs are validated by their authors.

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International Journal of Portfolio Analysis and Management (One paper in press)

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  • A dynamic panel data approach for assessing economic growth and renewable energy installations with financial insights in Europe (1995-2022)   Order a copy of this article
    by Georgios Evangelidis, Konstantinos Konstantakis, Panayotis Michaelides 
    Abstract: The relationship between economic growth and energy consumption has been extensively studied. One of Europe's strategies to achieve energy adequacy and create a better environment for its citizens is through the installation of new renewable energy sources. This study aims to determine the driving factors behind the increase in new renewable energy installations in European countries. Using economic data from European countries for the period 19952022, we examine the impact of renewable energy production on their economic growth. Additionally, we evaluate various government policies. To achieve this, we employ non-causality tests that reveal long-run cointegration among key macroeconomic indicators. The analysis indicates: 1) a significant relationship between energy consumption and economic growth; 2) indications of a causal relationship between gross domestic product (GDP) and new renewable installations, as well as between gross fixed capital formation (GFCF) and new renewable installations.
    Keywords: energy; non-causality; cointegration; policy; gross domestic product; GDP; gross fixed capital formation; GFCF.