期刊
RESEARCH POLICY
卷 44, 期 3, 页码 669-683出版社
ELSEVIER
DOI: 10.1016/j.respol.2014.10.014
关键词
Environmental innovation; EU ETS; CIS EU data; Manufacturing
类别
资金
- MIUR (Italian Ministry of Education, University and Research) for the PRIN National Research Project [prot. 2010S2LHSE]
- European Union [266800]
- University of Ferrara
This paper examines the different forces underlying the adoption of environmental innovations (El), with a focus on policy related El. In particular, exploiting the 2006-2008 wave of the Italian Community Innovation Survey (CIS), we investigate whether the first phase of the European Emissions Trading Scheme (EU ETS) exerted some effects on El in CO2 abatement and energy efficiency controlling for other variables, grouped as internal/external to the firm, and additional environmental regulation factors. Our empirical analyses show that a few factors emerge as particularly relevant such as relationships with other firms and institutions, sectoral energy expenditure intensity and current and future expected environmental regulation. For the specific role of the EU ETS, we find that, on the one hand ETS sectors are more likely to innovate than non-ETS sectors but on the other hand that sector's specific policy stringency is negatively associated with El, possibly due to anticipatory behavior from early moving innovative firms and some sector idiosyncratic factors. (C) 2014 Elsevier B.V. All rights reserved.
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