Solid tests of the impact of environmental and energy policy on important economic outcomes, such as innovation, productivity, competitiveness and energy and carbon efficiency are impaired by the lack of appropriate empirical proxies for the commitment to, and stringency of, environmental policy. We contribute to the literature by: (1) computing different indicators of environmental policy stringency, (2) testing to what extent they convey similar insights through a statistical comparison exercise, and (3) showing the implications of using one or the other indicator in two illustrative empirical applications focused on environmental innovation and energy efficiency. We conclude by highlighting the implications of our analysis for empirical research focusing on the evaluation of policy impacts, and highlight fruitful future research avenues.
Measuring environmental policy stringency: Approaches, validity, and impact on environmental innovation and energy efficiency / M. Galeotti, S. Salini, E. Verdolini. - In: ENERGY POLICY. - ISSN 0301-4215. - 136(2020), pp. 111052.1-111052.14.
|Titolo:||Measuring environmental policy stringency: Approaches, validity, and impact on environmental innovation and energy efficiency|
GALEOTTI, MARZIO DOMENICO (Corresponding)
|Parole Chiave:||Energy policy; Environmental policy; Ranking; Environmental innovation; Energy-GDP relationship|
|Settore Scientifico Disciplinare:||Settore SECS-P/01 - Economia Politica|
Settore SECS-S/01 - Statistica
|Data di pubblicazione:||2020|
|Data ahead of print / Data di stampa:||2019|
|Digital Object Identifier (DOI):||http://dx.doi.org/10.1016/j.enpol.2019.111052|
|Appare nelle tipologie:||01 - Articolo su periodico|