The Political Economy of Energy Innovation

Shouro Dasgupta, Enrica De Cian () and Elena Verdolini

No 234939, MITP: Mitigation, Innovation and Transformation Pathways from Fondazione Eni Enrico Mattei (FEEM)

Abstract: This paper empirically investigates the effects of environmental policy, institutions, political orientation, and lobbying on energy innovation and finds that they significantly affect the incentives to innovate and create cleaner energy efficient technologies. We conclude that political economy factors may act as barriers even in the presence of stringent environmental policy, implying that, to move towards a greener economy, countries should combine environmental policy with a general strengthening of institutional quality, consider the influence of government’s political orientation on environmental policies, and the implications of the size of energy intensive sectors in the economy.

Keywords: Political; Economy (search for similar items in EconPapers)
Pages: 40
Date: 2016-04-30
New Economics Papers: this item is included in nep-ene, nep-env, nep-ino and nep-pol
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (13)

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https://ageconsearch.umn.edu/record/234939/files/NDL2016-035.pdf (application/pdf)

Related works:
Working Paper: The Political Economy of Energy Innovation (2016)
Working Paper: The political economy of energy innovation (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:feemmi:234939

DOI: 10.22004/ag.econ.234939

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