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Climate Agreement and Technology Diffusion: Impact of the Kyoto Protocol on International Patent Applications for Renewable Energy Technologies

Mai Miyamoto () and Kenji Takeuchi ()
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Mai Miyamoto: Graduate School of Economics, Kobe University

No 1820, Discussion Papers from Graduate School of Economics, Kobe University

Abstract: This paper examines the Kyoto Protocol's impact on the international diffusion of renewable energy technologies. Using patent application data from 133 countries from 1990 to 2013, we find that the Kyoto Protocol increased international patent applications from the countries with emission targets. When we focus on countries with more stringent targets, the effect of the Kyoto Protocol is even stronger. We find a similar effect in international patent applications to four developing countries that are large emitters of greenhouse gases (GHGs): China, India, Brazil, and Mexico. These results suggest that the Kyoto Protocol stimulated international patenting activities from countries that are committed to stringent targets for climate mitigation.

Keywords: Renewable energy; Kyoto Protocol; International patent applications (search for similar items in EconPapers)
JEL-codes: F14 O33 Q55 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ene, nep-env, nep-ino, nep-ipr and nep-tid
Date: 2018-05
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