Measuring Environmental Policy Stringency : Approaches, Validity, and Impact on Energy Efficiency
Proponents of the green growth strategy worldwide hold that reductions of harmful greenhouse gas emissions through environmental policy can be pursued together with increased growth and can result in higher competitiveness. Solid tests of this theory are impaired by the lack of appropriate empirical proxies for the commitment to, and stringency of, environmental policy. We contribute to the literature by: (1) computing different indicators of environmental policy stringency, both previously used in the literature and novel, (2) testing to what extent they convey similar insights through a comparison exercise, and (3) showing the implications of using one or the other methodology in an empirical application testing whether countries with more stringent environmental and energy policy have indeed shown historically higher degree of energy efficiency. The application is cast in an Energy Kuznets Curve framework. The analysis quite naturally carries over to the role of, more generally, economic policy
Year of publication: |
2017
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Authors: | Galeotti, Marzio |
Other Persons: | Salini, Silvia (contributor) ; Verdolini, Elena (contributor) |
Publisher: |
[2017]: [S.l.] : SSRN |
Subject: | Umweltpolitik | Environmental policy | Energieeinsparung | Energy conservation | Messung | Measurement |
Saved in:
freely available
Extent: | 1 Online-Ressource (40 p) |
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Series: | |
Type of publication: | Book / Working Paper |
Language: | English |
Notes: | Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments January 2017 erstellt |
Other identifiers: | 10.2139/ssrn.2980849 [DOI] |
Classification: | Q58 - Government Policy ; O57 - Comparative Studies of Countries ; C33 - Models with Panel Data |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10012954885