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
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: Q28 H54 H87 D72 D73 D78 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ene, nep-env, nep-pol and nep-reg
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Persistent link: https://EconPapers.repec.org/RePEc:tut:cccrwp:2015-01-ccr
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