Assessing the Impact of Support Policies for Energy Efficient Technology in Switzerland
AbstractThis study uses data of a representative sample of Swiss firms to assess the effectiveness of policy measures directed at the diffusion of energy effcient technology (EET). Three different outcome variables (number of EET applications implemented, CO2 reduction, and EET related investment) are analysed using methods based on the estimated propensity score in an attempt to overcome the problem of non-random assignment. I conclude that, even after controlling for non-random assignment, diffusion support from the two institutions taken into consideration has indeed been beneficial in spurring adoption of energy saving technology and in reducing emissions of CO2. Additionally, an estimator for Average Treatment Effects on the Treated (ATT) that directly relies on the propensity score has been found to produce better results, in terms of efficiency, than the widely used Nearest Neighbour Matching (NNM) procedure.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by KOF Swiss Economic Institute, ETH Zurich in its series KOF Working papers with number 12-321.
Length: 30 pages
Date of creation: Nov 2012
Date of revision:
Energy Effciency; Energy Policy; Technology Diffusion; Propensity Score Matching;
Find related papers by JEL classification:
- O30 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - General
- Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
- Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
You can help add them by filling out this form.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().
If references are entirely missing, you can add them using this form.