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Environmental Policy and Renewable Energy Equipment Exports

An Empirical Analysis

Environmental Policy and Renewable Energy Equipment Exports by Henning Diederich
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This thesis investigates the connection betweenenvironmental regulation, technological innovation, and export competitivenessin renewable energy equipment based on a large sample of 225 developed anddeveloping countries from 1990 to 2012. The empirical analysis yields strongsupporting evidence for the narrowly strong Porter Hypothesis as well as forthe lead market theory. The results suggest that environmental regulationdrives innovation and export volumes in solar- and wind-power-related goods.This is particularly the case for well-crafted (i.e. market-based,output-oriented, and clear) instruments such as carbon trading regimes.Moreover, the data show that early adopters of renewable energy supportpolicies benefit most.

Springer Fachmedien Wiesbaden; May 2016
289 pages; ISBN 9783658135584
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Title: Environmental Policy and Renewable Energy Equipment Exports
Author: Henning Diederich
 
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