期刊
RENEWABLE ENERGY
卷 131, 期 -, 页码 472-481出版社
PERGAMON-ELSEVIER SCIENCE LTD
DOI: 10.1016/j.renene.2018.07.046
关键词
Competitive advantage; Gravity model; Wind industry; Solar PV industry; Green growth
资金
- European Commission [FP7 project CECILIA2050] [308680]
Pioneering domestic environmental regulation may foster the creation of new eco-industries. These industries could benefit from a competitive advantage in the global market place. This article examines empirical evidence of the impact of domestic renewable energy policies on the export performance of renewable energy products (wind and solar PV). We use a gravity model of international trade with a balanced dataset of 49 (for wind) and 40 (for PV) countries covering the period 1995-2013. The stringency of renewable energy policies is proxied by installed capacities. Our econometric model shows evidence of competitive advantage positively correlated with domestic renewable energy policies, sustained in the wind industry but brief in the solar PV industry. We suggest that the reason for the dynamic difference lies in the underlying technologies involved in the two industries. (C) 2018 The Authors. Published by Elsevier Ltd.
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