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Improving the energy efficiency of building: The impact of environmental policy on technological innovation

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  • Joëlle Noailly

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Abstract

This paper investigates the impact of alternative environmental policy instruments on technological innovations aiming to improve the energy efficiency in buildings. The empirical analysis focuses on three main types of policy instruments, namely regulatory energy standards in buildings codes, energy taxes as captured by energy prices and specific governmental energy R&D expenditures. Technological innovation is measured using patent counts for specific technologies related to energy efficiency in buildings (e.g. insulation, high-efficiency boilers, energy-saving lightings). The estimates for seven European countries over the 1989-2004 period imply that a strengthening of 10% of the minimum insulation standards for walls would increase the likelihood to file additional patents by about 3%. In contrast, energy prices have no significant effect on the likelihood to patent. Governmental energy R&D support has a small positive significant effect on patenting activities.

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Bibliographic Info

Paper provided by CPB Netherlands Bureau for Economic Policy Analysis in its series CPB Discussion Paper with number 137.

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Date of creation: Jan 2010
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Handle: RePEc:cpb:discus:137

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Cited by:
  1. Elisa Lanzi & Elena Verdolini & Ivan Hašcic, 2011. "Efficiency Improving Fossil Fuel Technologies for Electricity Generation: Data Selection and Trends," Working Papers 2011.10, Fondazione Eni Enrico Mattei.
  2. Noailly, Joëlle & Batrakova, Svetlana, 2010. "Stimulating energy-efficient innovations in the Dutch building sector: Empirical evidence from patent counts and policy lessons," Energy Policy, Elsevier, vol. 38(12), pages 7803-7817, December.
  3. F. Stam & Neil Thompson & Andrea Herrmann & Marko Hekkert, 2012. "The Environmental Regulation Paradox for Clean Tech Ventures," Scales Research Reports H201217, EIM Business and Policy Research.

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