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Drivers of Energy R&D in Manufacturing Industries

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  • Maria Teresa Costa-Campi and Jose Garcia-Quevedo

Abstract

Energy R&D can have major social and economic impacts and is a critical factor in addressing the challenges presented by climate change mitigation policies. As well as the energy utilities themselves, firms in other sectors also invest in energy R&D; however, while various studies have examined the determinants of R&D in the former, there are no analyses of energy R&D drivers in other industries. This paper seeks to fill this gap by examining the determinants of investment in energy R&D in non-energy industries. We focus on manufacturing industries where we can differentiate between energy and non-energy R&D related expenditure. The empirical analysis is carried out for 21 sectors in Spain for the period 2008-2013. To overcome data shortcomings, we built a database from several surveys. The data show the importance of taking into account the efforts devoted to energy R&D by the manufacturing sectors in order to have more complete information about the total investment made in energy R&D. The results of the estimations indicate the importance of the energy R&D developed by firms that supply the energy utilities.

Suggested Citation

  • Maria Teresa Costa-Campi and Jose Garcia-Quevedo, 2019. "Drivers of Energy R&D in Manufacturing Industries," Economics of Energy & Environmental Policy, International Association for Energy Economics, vol. 0(Number 2).
  • Handle: RePEc:aen:eeepjl:eeep8-2-costa-campi
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    JEL classification:

    • F0 - International Economics - - General

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