Gateway to Think Tanks
来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
Threshold Policy Effects and Directed Technical Change in Energy Innovation | |
Lionel Nesta; Elena Verdolini; Francesco Vona | |
发表日期 | 2018 |
出处 | Climate and Sustainable Innovation |
出版年 | 2018 |
语种 | 英语 |
摘要 | This paper analyzes the effect of environmental policies on the direction of energy innovation across countries over the period 1990-2012. Our novelty is to use threshold regression models to allow for discontinuities in policy effectiveness depending on a country's relative competencies in renewable and fossil fuel technologies. We show that the dynamic incentives of environmental policies become effective just above the median level of relative competencies. In this critical second regime, market-based policies are moderately effective in promoting renewable innovation, while command-and-control policies depress fossil based innovation. Finally, market-based policies are more effective to consolidate a green comparative advantage in the last regime. We illustrate how our approach can be used for policy design in laggard countries. *** Suggested citation: Nesta, L., E. Verdolini , F. Vona, (2018), 'Threshold Policy Effects and Directed Technical Change in Energy Innovation', Nota di Lavoro 4.2018, Milano, Italy: Fondazione Eni Enrico Mattei |
特色分类 | Q58;Q55;Q42;Q48;O34 |
关键词 | Directed Technical Change Threshold Models Environmental Policies Policy Mix |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/threshold-policy-effects-and-directed-technical-change-in-energy-innovation/ |
来源智库 | Fondazione Eni Enrico Mattei (Italy) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/118578 |
推荐引用方式 GB/T 7714 | Lionel Nesta,Elena Verdolini,Francesco Vona. Threshold Policy Effects and Directed Technical Change in Energy Innovation. 2018. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
cover-front22.jpg(86KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
ndl2018-004.pdf(779KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。