The socioeconomic impact of energy saving renovation measures in urban buildings

Abstract The purpose of the paper is to investigate the role of measures oriented to energy savings in residential buildings in the economic development at the regional level. The aim of the paper is to estimate overall socio-economic impact of energy saving renovation measures in the Croatian urban areas. Impact assessment is based on input–output methodology which is able to quantify direct and indirect effects of investment in the energy saving projects on the economic activity and employment. Gross output, gross value added and employment multipliers for building renovation projects are estimated to be in the range 2.5–2.9.

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