The Political Economy of Energy Innovation

Shouro Dasgupta, Enrica De Cian () and Elena Verdolini

No 2016.35, Working Papers from Fondazione Eni Enrico Mattei

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: Energy Innovation; Environmental Policy; Patents; Political Economy (search for similar items in EconPapers)
JEL-codes: C23 D02 O30 Q58 (search for similar items in EconPapers)
Date: 2016-05
New Economics Papers: this item is included in nep-ene, nep-env, nep-ino, nep-pol and nep-reg
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

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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:fem:femwpa:2016.35

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