This paper examines the effect of environmental policies on technological innovation in the specific case of renewable energy. The analysis is conducted using patent data on a panel of 25 countries over the period 1978-2003. It is found that public policy plays a significant role in determining...

In the late 1980s and early 1990s, concern over dioxin in both paper products and wastewater led to the development of techniques that reduced the use of chlorine in the pulp industry. Both regulatory and consumer pressure motivated this change. We use patent data to examine the evolution of two...

This paper develops a methodology for the estimation of Energy Physical Supply and Use Tables (E-PSUTs) based on the IEA’s World Energy Balances (WEB). The tables are similar to those proposed by the United Nations System of Environmental Economic Accounting. However, they fully exploit, and...

Given the sizeable amount of public investments in venture capital (VC) in many countries, an emerging empirical literature investigates the impact of government venture funds on firm performance. We reassess the key findings of this literature using a new database on innovative start-ups and VC...

Historically, innovation in the energy sector proceeded slowly and entrepreneurial start-up firms played a relatively minor role. We argue that this may be changing. Energy markets are going through a period of profound structural change. The rise of hydrofracturing lowered fossil fuel prices so...

This publication is a milestone in the analysis of the distributional impacts of environmental policy. It builds upon existing literature to simultaneously examine disparities in the distribution of environmental impacts and in the distribution of financial effects among households. It provides...

Technological innovation can lower the cost of achieving environmental objectives. As such, understanding the linkages between environmental policy and technological innovation in achieving environmental objectives is important. This is particularly true in the area of climate change, where the...

Provides an in-depth empirical analysis of an industrial survey undertaken in seven OECD countries (Japan, France, Germany, Hungary, Norway, Canada and the United States), spanning 4000 facilities in all manufacturing sectors, including small and medium-sized enterprises. The authors use their...