Environmental Policy Design, Innovation And Efficiency Gains In Electricity Generation:
This paper explores the relationship between environmental regulation, innovation, and competitiveness, drawing upon a unique dataset on environmental regulations directed at combustion plants, a global dataset of power plants, and a global dataset of 'environmental' patents. The analysis...
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| Weitere Verfasser: | , , , , |
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2016
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| Schriftenreihe: | OECD Environment Working Papers
no.104 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | This paper explores the relationship between environmental regulation, innovation, and competitiveness, drawing upon a unique dataset on environmental regulations directed at combustion plants, a global dataset of power plants, and a global dataset of 'environmental' patents. The analysis is conducted in two stages. First, a nonparametric frontier analysis is implemented to estimate efficiency scores, including a measure of technological innovation based on patent stocks. Second, econometric methods are applied to analyse the role of policy stringency and policy design on efficiency. Our estimation sample covers thermal power plant sectors in 20 countries from 1990 to 2009. The results show that the stringency of environmental regulations is a significant determinant of productive efficiency with respect to pollutant emissions as well as fuel use. However, these effects turn negative once the level of stringency leaps over a certain threshold. In addition, the paper concludes that the positive effect of regulatory stringency can be diminished by a negative effect of regulatory differentiation with measures which are differentiated across plant size and age having negative consequences, and these effects are increasing over time. This finding is important given the prevalence of size- and vintage-differentiated policies in many countries. Finally, it is found that integrated approaches to environmental innovation are more likely to bring about efficiency improvements than end-of-pipe technologies. |
| Beschreibung: | 1 Online-Ressource (37 p.) 21 x 29.7cm. |
| DOI: | 10.1787/5jm0t716kwmw-en |
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| spelling | Johnstone, Nick VerfasserIn aut Environmental Policy Design, Innovation And Efficiency Gains In Electricity Generation Nick, Johnstone ... [et al] Paris OECD Publishing 2016 1 Online-Ressource (37 p.) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Environment Working Papers no.104 This paper explores the relationship between environmental regulation, innovation, and competitiveness, drawing upon a unique dataset on environmental regulations directed at combustion plants, a global dataset of power plants, and a global dataset of 'environmental' patents. The analysis is conducted in two stages. First, a nonparametric frontier analysis is implemented to estimate efficiency scores, including a measure of technological innovation based on patent stocks. Second, econometric methods are applied to analyse the role of policy stringency and policy design on efficiency. Our estimation sample covers thermal power plant sectors in 20 countries from 1990 to 2009. The results show that the stringency of environmental regulations is a significant determinant of productive efficiency with respect to pollutant emissions as well as fuel use. However, these effects turn negative once the level of stringency leaps over a certain threshold. In addition, the paper concludes that the positive effect of regulatory stringency can be diminished by a negative effect of regulatory differentiation with measures which are differentiated across plant size and age having negative consequences, and these effects are increasing over time. This finding is important given the prevalence of size- and vintage-differentiated policies in many countries. Finally, it is found that integrated approaches to environmental innovation are more likely to bring about efficiency improvements than end-of-pipe technologies. Environment Science and Technology Managi, Shunsuke MitwirkendeR ctb Cárdenas Rodríguez, Miguel MitwirkendeR ctb Haščič, Ivan MitwirkendeR ctb Fujii, Hidemichi MitwirkendeR ctb Souchier, Martin MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/5jm0t716kwmw-en Volltext |
| spellingShingle | Johnstone, Nick Environmental Policy Design, Innovation And Efficiency Gains In Electricity Generation Environment Science and Technology |
| title | Environmental Policy Design, Innovation And Efficiency Gains In Electricity Generation |
| title_auth | Environmental Policy Design, Innovation And Efficiency Gains In Electricity Generation |
| title_exact_search | Environmental Policy Design, Innovation And Efficiency Gains In Electricity Generation |
| title_full | Environmental Policy Design, Innovation And Efficiency Gains In Electricity Generation Nick, Johnstone ... [et al] |
| title_fullStr | Environmental Policy Design, Innovation And Efficiency Gains In Electricity Generation Nick, Johnstone ... [et al] |
| title_full_unstemmed | Environmental Policy Design, Innovation And Efficiency Gains In Electricity Generation Nick, Johnstone ... [et al] |
| title_short | Environmental Policy Design, Innovation And Efficiency Gains In Electricity Generation |
| title_sort | environmental policy design innovation and efficiency gains in electricity generation |
| topic | Environment Science and Technology |
| topic_facet | Environment Science and Technology |
| url | https://doi.org/10.1787/5jm0t716kwmw-en |
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