Climate policy uncertainty and green innovation

Wendi Huang

Economics Letters, 2023, vol. 233, issue C

Abstract: This study examines the impact of climate policy uncertainty on green patenting activities among U.S. firms during the period from 1987 to 2019. The results indicate that climate policy uncertainty is negatively associated with firms’ green patenting activities. The results are robust to controlling for economic policy uncertainty. Overall, the results suggest that climate policy uncertainty delays investments for the low-carbon economy.

Keywords: Climate policy uncertainty; Green patenting; Low-carbon economy JEL (search for similar items in EconPapers)
JEL-codes: G11 G23 Q54 (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:233:y:2023:i:c:s0165176523004494

DOI: 10.1016/j.econlet.2023.111423

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