This study assesses the effect of economic, institutional, and cultural factors on green energy production. The present research considers only sources for which the European Union co-finances investment in production capacity; thus, we exclude hydroelectric power. The economic determinants are...

Culture itself forms society's identity, social values, and formal and informal social relations. This strengthens social capital, which is based on community, citizenship, volunteerism, and social values. These aspects promote effective democratic governance, and thereby ensure economic growth...