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Policy Inducement Effects in Energy Efficiency Technologies. An Empirical Analysis on the Residential Sector

Author

Listed:
  • Valeria Costantini

    () (Dipartimento di Economia, Roma Tre University, Roma (Italy).)

  • Francesco Crespi

    () (Dipartimento di Economia, Roma Tre University, Roma (Italy).)

  • Alessandro Palma

    () (Dipartimento di Economia, Roma Tre University, Roma (Italy).)

Abstract

The study provides a wide-ranging empirical analysis of the drivers of innovation, with a particular focus on the policy side, in residential energy efficiency technologies. The panel analysis of 23 OECD countries over the period 1990-2010, confirms the importance of adopting a systemic perspective when eco-innovation is under scrutiny. In particular, the innovation systems, both national and sectoral, together with the energy systems, spurred the propensity to innovate and significantly shaped the rate and direction of technical change in the residential sector. A general policy inducement effect is found to be relevant, but the size of its contribution for new EE technologies changes if disaggregated policy instruments are investigated. The role of policy mix as well as of policy coordination and coherence also positively affect the innovative activity in EE residential technologies.

Suggested Citation

  • Valeria Costantini & Francesco Crespi & Alessandro Palma, 2014. "Policy Inducement Effects in Energy Efficiency Technologies. An Empirical Analysis on the Residential Sector," SEEDS Working Papers 1914, SEEDS, Sustainability Environmental Economics and Dynamics Studies, revised Aug 2014.
  • Handle: RePEc:srt:wpaper:1914
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    References listed on IDEAS

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    Cited by:

    1. Valeria Costantini & Francesco Crespi & Elena Paglialunga & Giorgia Sforna, 2018. "System Transition and Structural Change Processes in the Energy Efficiency of Residential Sector: Evidence from EU Countries," SPRU Working Paper Series 2018-03, SPRU - Science and Technology Policy Research, University of Sussex.
    2. Valeria Costantini & Francesco Crespi & Alessandro Palma, 2015. "Characterizing the policy mix and its impact on eco-innovation in energy-efficient technologies," SEEDS Working Papers 1115, SEEDS, Sustainability Environmental Economics and Dynamics Studies, revised Jun 2015.
    3. Ghisetti, Claudia & Pontoni, Federico, 2015. "Investigating policy and R&D effects on environmental innovation: A meta-analysis," Ecological Economics, Elsevier, vol. 118(C), pages 57-66.
    4. Costantini, Valeria & Crespi, Francesco & Palma, Alessandro, 2017. "Characterizing the policy mix and its impact on eco-innovation: A patent analysis of energy-efficient technologies," Research Policy, Elsevier, vol. 46(4), pages 799-819.
    5. Valeria Costantini & Francesco Crespi & Elena Paglialunga, 2017. "The Employment Impact Of Private And Public Actions For Energy Efficiency: Evidence From European Industries," Departmental Working Papers of Economics - University 'Roma Tre' 0227, Department of Economics - University Roma Tre.

    More about this item

    Keywords

    energy efficiency; policy mix; residential sector.;

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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