Are State Renewable Portfolio Standards Contagious?
James Payne () and
American Journal of Economics and Sociology, 2014, vol. 73, issue 2, 325-340
This study examines whether the target levels of a state's renewable portfolio standard (RPS) are influenced by target levels in neighboring states, controlling for state-specific characteristics. Contrary to previous studies, target levels in neighboring states have a positive and statistically significant impact. In addition, the renewable energy potential and transmission capacity within a state, as well as in neighboring states, all have a positive and statistically significant impact. Both a state's unemployment rate and its educational attainment have a positive impact. Furthermore, states with Democratic governors have higher RPS target levels. The results also indicate significant regional variation in RPS target levels.
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Persistent link: https://EconPapers.repec.org/RePEc:bla:ajecsc:v:73:y:2014:i:2:p:325-340
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