How Does Sustainable Energy Utilities Integration Promote Green Recovery? Case of Central and Eastern Europe

Green economic recovery in the post-corona era has been proposed as an effective discourse in the field of solving environmental and ecological threats. In this paper, the effect of trade in green energy utilities and green economic growth in Central and Eastern European countries from 2010 to 2021 is measured. According to the estimations by the Fully Modified OLS (FMOLS), the trade of green energy utilities has a positive and statistically significant coefficient. The major policy implications are development of green financial markets, digitalization of green finance, and regional cooperation in green energy utilities transfers