EconPapers    
Economics at your fingertips  
 

Energy market liberalisation and renewable energy policies in OECD countries

Francesco Vona () and Francesco Nicolli ()

Working Papers from HAL

Abstract: We analyse the impact of market liberalisation on renewable energy policies in OECD countries. To this end, we first develop an aggregated indicator of renewable energy policies using principal components analysis and then examine its determinants through panel datatechniques. Our resultsare consistent with the predictions of political-economy models of environmental policies, as brown lobbying, proxied by entry barriers in the energy sector, and citizens' preferenceshave the expected effectson policy. Brown lobbying has a negative effect on the policy indicator, evenwhen accounting for endogeneity in its effects in a dynamic panel specification and using different policy indicators. Reducing income inequality, the ratification of the Kyoto protocol and stronger green parties all positively affect the approval of more ambitious policies but with less robust results.

Keywords: Renewable Energy Policy; Energy Market Liberalisation; Political Economy (search for similar items in EconPapers)
Date: 2013-07
Note: View the original document on HAL open archive server: https://hal-sciencespo.archives-ouvertes.fr/hal-00973070
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
https://hal-sciencespo.archives-ouvertes.fr/hal-00973070/document (application/pdf)

Related works:
Journal Article: Energy market liberalization and renewable energy policies in OECD countries (2019) Downloads
Working Paper: Energy market liberalization and renewable energy policies in OECD countries (2014) Downloads
Working Paper: Energy market liberalisation and renewable energy policies in oecd countries (2013) Downloads
Working Paper: Energy market liberalisation and renewable energy policies in OECD countries (2013) 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:hal:wpaper:hal-00973070

Access Statistics for this paper

More papers in Working Papers from HAL
Bibliographic data for series maintained by CCSD ().

 
Page updated 2019-06-08
Handle: RePEc:hal:wpaper:hal-00973070