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The effects of environmental policy and technology transfer on GHG emissions: The case of Portugal

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  • Carrilho-Nunes, Inês
  • Catalão-Lopes, Margarida

Abstract

This paper analyses the impact of feed-in tariffs, fossil fuel support, technology transfer, and other relevant socio-economic variables on Portuguese greenhouse gas emissions. The results provide evidence that environmental policy has a negative impact on greenhouse gas emissions, which uncovers an efficient environmental outcome from regulation. Additionally, the model reveals that technology transfer may cause an increase in greenhouse gas emissions evolution, which is an undesirable effect arising from technological diffusion. By focusing on a specific economy and considering both “pro-climate” and “anti-climate” policy variables, this paper provides policy suggestions to aid Portuguese energy planners and policymakers reaching a sustainable transition. Nonetheless, the results have wider, international, implications for the design and implementation of environmental policies.

Suggested Citation

  • Carrilho-Nunes, Inês & Catalão-Lopes, Margarida, 2022. "The effects of environmental policy and technology transfer on GHG emissions: The case of Portugal," Structural Change and Economic Dynamics, Elsevier, vol. 61(C), pages 255-264.
    • Handle: RePEc:eee:streco:v:61:y:2022:i:c:p:255-264
    DOI: 10.1016/j.strueco.2022.03.001
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    Cited by:

    1. Chang, Jun-Jie & Mi, Zhifu & Wei, Yi-Ming, 2023. "Temperature and GDP: A review of climate econometrics analysis," Structural Change and Economic Dynamics, Elsevier, vol. 66(C), pages 383-392.
    2. Yuventus Effendi & Budy P. Resosudarmo, 2022. "Socio-economic and environmental impact of intended decarbonisation policies in the East Asian region," Departmental Working Papers 2022-03, The Australian National University, Arndt-Corden Department of Economics.
    3. Cai, Hechang & Wang, Zilong & Zhang, Zhiwen & Xu, Liuyang, 2023. "Does environmental regulation promote technology transfer? Evidence from a partially linear functional-coefficient panel model," Economic Modelling, Elsevier, vol. 124(C).

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    More about this item

    Keywords

    Environmental policy; Emissions; Portugal; Technological diffusion;
    All these keywords.

    JEL classification:

    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
    • Q21 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Demand and Supply; Prices
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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