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Divergence of Renewable Energy Invention Efforts in Europe: an econometric analysis based on patent counts
Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.ORCID iD: 0000-0002-5952-6379
2018 (English)In: Environmental Economics and Policy Studies, ISSN 1432-847X, E-ISSN 1867-383XArticle in journal (Refereed) Epub ahead of print
Abstract [en]

The objective of this paper is to investigate the presence of convergence (or divergence) of invention efforts per capita in the renewable energy field across European Union (EU) countries. Divergence may imply a risk of a lower level of goal fulfilment regarding the share of renewable energy in the EU energy mix. This is due to free-rider issues and sub-optimal investment levels, in turn making it more expensive and cumbersome to expand renewable energy production. Convergence suggests a faster renewable energy goal achievement. The econometric analysis is based on patent application counts per capita for 13 EU Member States over the time period 1990–2012. The methods used draw on the economic convergence literature. First, we rely on a panel data set to test for conditional β-convergence. Moreover, a distributional dynamics approach is employed to test for σ- and γ-convergence, and analyse the intra-distributional dynamics. The results indicate conditional β- and σ-divergence in renewable energy invention capabilities across the 13 countries, thus suggesting that some EU countries tend to free-ride on the development efforts of other Member States.

Place, publisher, year, edition, pages
2018.
Keyword [en]
convergence, divergence, renewable energy development, patent counts, EU.
National Category
Economics and Business Economics
Research subject
Economics
Identifiers
URN: urn:nbn:se:ltu:diva-68505DOI: 10.1007/s10018-018-0216-yOAI: oai:DiVA.org:ltu-68505DiVA, id: diva2:1201276
Available from: 2018-04-25 Created: 2018-04-25 Last updated: 2018-04-25

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Grafström, Jonas

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CiteExportLink to record
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  • apa
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