Energy Poverty: Macroeconomic Insight on Romania, Bulgaria and the Vișegrad Group within the European Context

Recent studies suggest a core-periphery pattern of energy poverty in the European Union. The energy vulnerability of Romania, Bulgaria, and the economies of the Visegrad Group as "peripheral" countries is frequently attributed to the legacy of the centrally planned economy and post-comm...

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Main Authors: Rozalia Kicsi, Aurel Burciu, Ionel Bostan, Raluca Zoltan, Simona Buta
Format: Article
Language:English
Published: Academy of Economic Studies of Bucharest 2023-05-01
Series:Amfiteatru Economic
Subjects:
Online Access:https://www.amfiteatrueconomic.ro/temp/Article_3205.pdf
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author Rozalia Kicsi
Aurel Burciu
Ionel Bostan
Raluca Zoltan
Simona Buta
author_facet Rozalia Kicsi
Aurel Burciu
Ionel Bostan
Raluca Zoltan
Simona Buta
author_sort Rozalia Kicsi
collection DOAJ
description Recent studies suggest a core-periphery pattern of energy poverty in the European Union. The energy vulnerability of Romania, Bulgaria, and the economies of the Visegrad Group as "peripheral" countries is frequently attributed to the legacy of the centrally planned economy and post-communist economic transformations towards a market economy. The aim of the paper is to investigate the potential occurrence of a core-periphery pattern and the relative situation of Romania, Bulgaria and the V4 countries in this pattern by employing a model that integrates three energy poverty thresholds, namely physical, technological, and economic. The research findings reveal some disparities among the selected countries following each of these thresholds and suggest the emergence of two clusters that are describable by a core-periphery pattern but, in our opinion, with some different meanings from those stated by classical economic development theory. The evidence provided by our study would prove its value and usefulness, on the one hand, by opening up new research directions and, on the other hand, by describing a state of affairs that calls for increasing attention from macroeconomic decision-makers, all the more so as the contextual factors that have shaped the socioeconomic environment in recent years (the Coronavirus pandemic, the military conflict in Ukraine) add even more value to research in this thematic registry, since not only energy security but also the achievement of sustainable development goals are seriously questioned
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spelling doaj.art-36deeb97e29a47858331bf9f18f89e0a2023-05-03T15:29:00ZengAcademy of Economic Studies of BucharestAmfiteatru Economic1582-91462247-91042023-05-012563 41342810.24818/EA/2023/63/413 Energy Poverty: Macroeconomic Insight on Romania, Bulgaria and the Vișegrad Group within the European ContextRozalia Kicsi0https://orcid.org/0000-0001-6712-4284Aurel Burciu1https://orcid.org/0000-0003-1628-2316Ionel Bostan2https://orcid.org/0000-0002-7653-7192Raluca Zoltan 3https://orcid.org/0009-0006-1065-0885Simona Buta4https://orcid.org/0000-0001-9370-6923"Ștefan cel Mare" University of Suceava, Romania"Ștefan cel Mare" University of Suceava, Romania"Ștefan cel Mare" University of Suceava, Romania"Ștefan cel Mare" University of Suceava, Romania"Ștefan cel Mare" University of Suceava, RomaniaRecent studies suggest a core-periphery pattern of energy poverty in the European Union. The energy vulnerability of Romania, Bulgaria, and the economies of the Visegrad Group as "peripheral" countries is frequently attributed to the legacy of the centrally planned economy and post-communist economic transformations towards a market economy. The aim of the paper is to investigate the potential occurrence of a core-periphery pattern and the relative situation of Romania, Bulgaria and the V4 countries in this pattern by employing a model that integrates three energy poverty thresholds, namely physical, technological, and economic. The research findings reveal some disparities among the selected countries following each of these thresholds and suggest the emergence of two clusters that are describable by a core-periphery pattern but, in our opinion, with some different meanings from those stated by classical economic development theory. The evidence provided by our study would prove its value and usefulness, on the one hand, by opening up new research directions and, on the other hand, by describing a state of affairs that calls for increasing attention from macroeconomic decision-makers, all the more so as the contextual factors that have shaped the socioeconomic environment in recent years (the Coronavirus pandemic, the military conflict in Ukraine) add even more value to research in this thematic registry, since not only energy security but also the achievement of sustainable development goals are seriously questionedhttps://www.amfiteatrueconomic.ro/temp/Article_3205.pdffuel povertyvulnerabilitydisparitiesthermal comfortfinancial burden
spellingShingle Rozalia Kicsi
Aurel Burciu
Ionel Bostan
Raluca Zoltan
Simona Buta
Energy Poverty: Macroeconomic Insight on Romania, Bulgaria and the Vișegrad Group within the European Context
Amfiteatru Economic
fuel poverty
vulnerability
disparities
thermal comfort
financial burden
title Energy Poverty: Macroeconomic Insight on Romania, Bulgaria and the Vișegrad Group within the European Context
title_full Energy Poverty: Macroeconomic Insight on Romania, Bulgaria and the Vișegrad Group within the European Context
title_fullStr Energy Poverty: Macroeconomic Insight on Romania, Bulgaria and the Vișegrad Group within the European Context
title_full_unstemmed Energy Poverty: Macroeconomic Insight on Romania, Bulgaria and the Vișegrad Group within the European Context
title_short Energy Poverty: Macroeconomic Insight on Romania, Bulgaria and the Vișegrad Group within the European Context
title_sort energy poverty macroeconomic insight on romania bulgaria and the visegrad group within the european context
topic fuel poverty
vulnerability
disparities
thermal comfort
financial burden
url https://www.amfiteatrueconomic.ro/temp/Article_3205.pdf
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AT ionelbostan energypovertymacroeconomicinsightonromaniabulgariaandthevisegradgroupwithintheeuropeancontext
AT ralucazoltan energypovertymacroeconomicinsightonromaniabulgariaandthevisegradgroupwithintheeuropeancontext
AT simonabuta energypovertymacroeconomicinsightonromaniabulgariaandthevisegradgroupwithintheeuropeancontext