EconPapers    
Economics at your fingertips  
 

Environmental policies, competition and innovation in renewable energy

Lionel Nesta (), Francesco Vona () and Francesco Nicolli ()

Journal of Environmental Economics and Management, 2014, vol. 67, issue 3, 396-411

Abstract: We investigate the effect of environmental policies on innovation under different levels of competition. Using information regarding renewable energy policies, competition and green patents for OECD countries since the late 1970s, we develop a pre-sample mean count-data econometric specification that accounts for the endogeneity of policies. We find that renewable energy policies are more effective in fostering green innovation in countries with liberalized energy markets. We also find that environmental policies are crucial only in the generation of high-quality green patents, whereas competition enhances the generation of low-quality green patents.

Keywords: Renewable energy technology; Environmental policies; Competition; Endogeneity; Pre-sample mean GMM (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (86) Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0095069614000060
Full text for ScienceDirect subscribers only

Related works:
Working Paper: Environmental policies, product market regulation and innovation in renewable energy (2012) Downloads
Working Paper: Environmental Policies, Product Market Regulation and Innovation in Renewable Energy (2012) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:jeeman:v:67:y:2014:i:3:p:396-411

Access Statistics for this article

Journal of Environmental Economics and Management is currently edited by M.A. Cole, A. Lange, D.J. Phaneuf, D. Popp, M.J. Roberts, M.D. Smith, C. Timmins, Q. Weninger and A.J. Yates

More articles in Journal of Environmental Economics and Management from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

 
Page updated 2019-11-18
Handle: RePEc:eee:jeeman:v:67:y:2014:i:3:p:396-411