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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Format: | Article |
Language: | English |
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Academy of Economic Studies of Bucharest
2023-05-01
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Series: | Amfiteatru Economic |
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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 |
first_indexed | 2024-04-09T14:31:16Z |
format | Article |
id | doaj.art-36deeb97e29a47858331bf9f18f89e0a |
institution | Directory Open Access Journal |
issn | 1582-9146 2247-9104 |
language | English |
last_indexed | 2024-04-09T14:31:16Z |
publishDate | 2023-05-01 |
publisher | Academy of Economic Studies of Bucharest |
record_format | Article |
series | Amfiteatru Economic |
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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