Renewable energy innovations in Europe: A dynamic panel data approach

Pedro Mendi, Nadia Ayari () and Szabolcs Blazsek
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Nadia Ayari: Business - Universidad de Navarra

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Abstract: We investigate the determinants of renewable energy R&D intensity and the impact of renewable energy innovations on firm performance, using several dynamic panel data models. We estimate these models using a large data set of European firms from 19 different countries, with some patenting activity in areas related with renewable energies during the 1987-2007 period. Our results confirm our priors on the determinants of the rapid development of renewable energy R&D intensity during the last decades. Additionally, we find evidence that renewable patent intensity has a significant dynamic impact on the stock market value of firms.

Keywords: Social; Sciences; &; Humanities (search for similar items in EconPapers)
Date: 2011-06-25
Note: View the original document on HAL open archive server: https://hal.science/hal-00711448
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Citations: View citations in EconPapers (2)

Published in Applied Economics, 2011, ⟨10.1080/00036846.2011.570720⟩

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Related works:
Journal Article: Renewable energy innovations in Europe: a dynamic panel data approach (2012)
Journal Article: Renewable energy innovations in Europe: a dynamic panel data approach (2012)
Working Paper: Renewable Energy Innovations in Europe: A Dynamic Panel Data Approach (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-00711448

DOI: 10.1080/00036846.2011.570720

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