The Political Economy of Renewable Energies

Isabelle Cadoret and Fabio Padovano

Economics Working Paper from Condorcet Center for political Economy at CREM-CNRS from Condorcet Center for political Economy

Abstract: This paper empirically analyzes how political factors affect the deployment of renewable energy (RE) sources and compares it to other economic, energy and environmental drivers that have received greater attention in the literature so far. The sample encompasses the EU countries bound to attain the target of 20% share of gross final energy consumption by 2020. The panel data analysis shows that lobbying by the agricultural industry negatively affect RE deployment, whereas standard measures of government quality show a positive effect; furthermore left-wing parties promote the deployment of RE more than right wing ones, but this effect is reduced when the governing coalition is highly concentrated. Among the control variables, economic growth shows a positive impact on RE deployment.

Keywords: renewable energy sources; energy policy; quality of government; lobbying; political ideology (search for similar items in EconPapers)
JEL-codes: D72 D73 D78 H54 H87 Q28 (search for similar items in EconPapers)
Date: 2015-01
New Economics Papers: this item is included in nep-ene, nep-env, nep-pol and nep-reg
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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