Policy-induced low-carbon innovations for buildings: A room for standards? Evidence from France

Valentin Laprie

No 2024-17, EconomiX Working Papers from University of Paris Nanterre, EconomiX

Abstract: Low-carbon technical change in the building sector is a promising solution to address the challenges of climate change, energy security, and public health. We aim to investigate the effects of various environmental policies on low-carbon innovation in the building sector where strong investment barriers transpire, focusing on France as a case study. Pollution taxes, subsidies, standards, which induce more low-carbon innovation? Using a quality index for patents and a Polynomial Distributed Lag Model, our results suggest a limited impact of a carbon tax on promoting low-carbon innovation within the building sector in France. Moreover, our findings indicate that subsidies targeting less polluting technologies emerge as a primary driver of qualitative innovation. Additionally, our study reveals that energy standards for buildings exert a significant albeit temporary influence on the number of patents in relevant technological domains.

Keywords: Environmental Policy; Technical Change; Patents; Energy Efficiency; Buildings (search for similar items in EconPapers)
JEL-codes: O33 O34 O38 Q54 Q55 Q58 (search for similar items in EconPapers)
Pages: 31 pages
Date: 2024
New Economics Papers: this item is included in nep-agr, nep-ene, nep-env, nep-eur and nep-tid
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Persistent link: https://EconPapers.repec.org/RePEc:drm:wpaper:2024-17

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