Environmental Policies, Product Market Regulation and Innovation in Renewable Energy

Released on by Lionel Nesta
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  • Environmental Policies, Product Market Regulation and Innovation in Renewable Energy Book Detail

  • Author : Lionel Nesta
  • Release Date : 2014
  • Publisher :
  • Genre :
  • Pages : 44
  • ISBN 13 :
  • File Size : 45,45 MB
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Environmental Policies, Product Market Regulation and Innovation in Renewable Energy by Lionel Nesta PDF Summary

Book Description: We investigate the effectiveness of policies in favor of innovation in renewable energy under different levels of competition. Using information regarding renewable energy policies, product market regulation and high-quality green patents for OECD countries since the late 1970s, we develop a pre-sample mean count-data econometric specification that also accounts for the endogeneity of policies. We find that renewable energy policies are significantly more effective in fostering green innovation in countries with deregulated energy markets. We also find that public support for renewable energy is crucial only in the generation of high-quality green patents, whereas competition enhances the generation of green patents irrespective of their quality.

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Environmental Regulation and Market Power

Environmental Regulation and Market Power

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Emissions taxes, tradeable emission permits and voluntary compliance policies are becoming the instruments of choice in controlling environmental problems at th