Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/146206 
Year of Publication: 
2016
Series/Report no.: 
WIDER Working Paper No. 2016/17
Publisher: 
The United Nations University World Institute for Development Economics Research (UNU-WIDER), Helsinki
Abstract: 
This paper empirically investigates the effects of environmental policy, institutions, political orientation, and lobbying on energy innovation and finds that they significantly affect the incentives to innovate and create cleaner energy efficient technologies. We conclude that political economy factors may act as barriers even in the presence of stringent environmental policy, implying that, to move towards a greener economy, countries should combine environmental policy with a general strengthening of institutional quality, consider the influence of government's political orientation on environmental policies, and the implications of the size of energy intensive sectors in the economy.
Subjects: 
energy innovation
environmental policy
patents
political economy
JEL: 
C23
D02
O30
Q58
Persistent Identifier of the first edition: 
ISBN: 
978-92-9256-060-7
Document Type: 
Working Paper

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