Determinants of renewable energy growth: A global sample analysis

Energy Policy

Volumn 69, Issue , 2014, Pages 374-384

  Aguirre, Mariana ^a   Ibikunle, Gbenga ^a  

^a UNIVERSITY OF EDINBURGH   (United Kingdom)

Author keywords

Energy policy; Panel corrected standard errors; Renewable energy

Indexed keywords

ENERGY POLICY;

ESTIMATION METHODS; POLICY DESIGN; PUBLIC DEMANDS; RENEWABLE ENERGIES; RENEWABLE ENERGY INVESTMENTS; SAMPLE ANALYSIS; STANDARD ERRORS; SUSTAINABLE INVESTMENTS;

INVESTMENTS;

ALTERNATIVE ENERGY; ENERGY POLICY; ERROR ANALYSIS; PANEL DATA; RENEWABLE RESOURCE; SUSTAINABILITY;

BRAZIL; CHINA; INDIA; RUSSIAN FEDERATION; SOUTH AFRICA;

EID: 84899118394     PISSN: 03014215     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.enpol.2014.02.036     Document Type: Article

References (31)

1. Awerbuch S., Sauter R. Exploiting the oil-GDP effect to support renewables deployment. Energy Policy 2006, 34:2805-2819.
2. Barradale M.J. Impact of public policy uncertainty on renewable energy investment: wind power and the production tax credit. Energy Policy 2010, 38:7698-7709.
3. Beck N., Katz J.N. What to do (and not to do) with time-series cross-section data. Am. Political Sci. Rev. 1995, 89:634-647.
4. Bird L., Bolinger M., Gagliano T., Wiser R., Brown M., Parsons B. Policies and market factors driving wind power development in the United States. Energy Policy 2005, 33:1397-1407.
5. Carley S. State renewable energy electricity policies: an empirical evaluation of effectiveness. Energy Policy 2009, 37:3071-3081.
6. Chang T.-H., Huang C.-M., Lee M.-C. Threshold effect of the economic growth rate on the renewable energy development from a change in energy price: evidence from OECD countries. Energy Policy 2009, 37:5796-5802.
7. Chien T., Hu J.-L. Renewable energy: an efficient mechanism to improve GDP. Energy Policy 2008, 36:3045-3052.
8. Freedman D.A., Peters S.C. Bootstrapping a regression equation: some empirical results. J. Am. Stat. Assoc. 1984, 79:97-106.
9. Gan L., Eskeland G.S., Kolshus H.H. Green electricity market development: lessons from Europe and the US. Energy Policy 2007, 35:144-155.
10. Gelabert L., Labandeira X., Linares P. An ex-post analysis of the effect of renewables and cogeneration on Spanish electricity prices. Energy Econ. 2011, 33(1):S59-S65.
11. Harmelink M., Voogt M., Cremer C. Analysing the effectiveness of renewable energy supporting policies in the European Union. Energy Policy 2006, 34:343-351.
12. Huang M.-Y., Alavalapati J.R.R., Carter D.R., Langholtz M.H. Is the choice of renewable portfolio standards random?. Energy Policy 2007, 35:5571-5575.
13. Ibikunle G., Okereke C. Governing carbon through the EU-ETS: opportunities, pitfalls and future prospects. Carbon Governance, Climate Change and Business Transformation 2014, Taylor and Francis (Routledge), (Forthcoming). J. Tansey (Ed.).
14. IEA Energy Prices and Taxes 2010, vol. 2010. OECD Publishing, Paris.
15. Jensen S.G., Skytte K. Interactions between the power and green certificate markets. Energy Policy 2002, 30:425-435.
16. Johnstone N., Haščič I., Popp D. Renewable energy policies and technological innovation: evidence based on patent counts. Environ. Resour. Econ. 2010, 45:133-155.
17. Jönsson K. Cross-sectional dependency and size distortion in a small-sample homogeneous panel data unit root test. Oxf. Bull. Econ. Stat. 2005, 67:369-392.
18. Marques A.C., Fuinhas J.A. Are public policies towards renewables successful? Evidence from European countries. Renew. Energy 2012, 44:109-118.
19. Marques A.C., Fuinhas J.A., Pires Manso J.R. Motivations driving renewable energy in European countries: a panel data approach. Energy Policy 2010, 38:6877-6885.
20. Menz F.C., Vachon S. The effectiveness of different policy regimes for promoting wind power: experiences from the states. Energy Policy 2006, 34:1786-1796.
21. OECD Voluntary Approaches for Environmental Policy 2003, OECD Publishing, Paris.
22. Palmer K., Burtraw D. The environmental impacts of electricity restructuring. Look. Back Look. Forw. Environ. Energy Law Policy 2006, 1:171-219.
23. Parks R.W. Efficient estimation of a system of regression equations when disturbances are both serially and contemporaneously correlated. J.Am. Stat. Assoc. 1967, 62:500-509.
24. Plümper T., Troeger V.E. Efficient estimation of time-invariant and rarely changing variables in finite sample panel analyses with unit fixed effects. Polit. Anal. 2007, 15:124-139.
25. Popp D., Hascic I., Medhi N. Technology and the diffusion of renewable energy. Energy Econ. 2011, 33:648-662.
26. Reed W.R., Ye H. Which panel data estimator should I use?. Appl. Econ. 2009, 43:985-1000.
27. 2 emissions and oil prices in the G7 countries. Energy Econ. 2009, 31:456-462.
28. Sensfuß F., Ragwitz M., Genoese M. The merit-order effect: a detailed analysis of the price effect of renewable electricity generation on spot market prices in Germany. Energy Policy 2008, 36:3086-3094.
29. van Ruijven B., van Vuuren D.P. Oil and natural gas prices and greenhouse gas emission mitigation. Energy Policy 2009, 37:4797-4808.
30. Wang Y. Renewable electricity in Sweden: an analysis of policy and regulations. Energy Policy 2006, 34:1209-1220.
31. Würzburg K., Labandeira X., Linares P. Renewable generation and electricity prices: taking stock and new evidence for Germany and Austria. Energy Econ. 2013, 40(1):S159-S171.