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dc.contributor.authorKlemetsen, Marit Elisabeth
dc.contributor.authorBye, Brita
dc.contributor.authorRaknerud, Arvid
dc.coverage.spatialNorwaynb_NO
dc.date.accessioned2019-11-12T12:00:37Z
dc.date.available2019-11-12T12:00:37Z
dc.date.issued2013-09
dc.identifier.issn0809-733X
dc.identifier.urihttp://hdl.handle.net/11250/2627920
dc.description.abstractThis paper provides new evidence on the role of non-market based (“command-and-control”) regulations in relation to innovations in environmental technologies. While pricing is generally considered the first-best policy instrument, non-market regulations, such as technology standards and non-tradable emission quotas, are common when a regulator faces multiple emission types and targets, heterogeneous recipients, or uncertainty with regard to marginal damages. Knowing whether these regulations spur or hinder innovation is of great importance to environmental policy. Using a unique Norwegian panel data set that includes information about the type and number of patent applications, technology standards, non-tradable emission quotas, and a large number of control variables for almost all large and medium-sized Norwegian incorporated firms, we are able to conduct a comprehensive study of the effect of non-market based regulations on environmental patenting. Unlike previous studies that are typically conducted at the industry level, we are able to take firm heterogeneiry into account, and thereby reduce the common problem of omitted variable bias in our analysis. We empirically identify strong and significant effects on innovations from implicit regulatory costs associated with the threat that a firm will be sanctioned for violating an emission permit.nb_NO
dc.description.sponsorshipResearch Council of Norway, RENERGI programme European Community's Seventh Framework Programme (FP7/2007-2013), grant agreement No 270089 Oslo Centre for Research in Environmentally friendly Energy (CREE)nb_NO
dc.language.isoengnb_NO
dc.publisherStatistisk sentralbyrånb_NO
dc.relation.ispartofseriesDiscussion papers;754
dc.subjectJEL classification: C23nb_NO
dc.subjectJEL classification: O34nb_NO
dc.subjectJEL classification: Q52nb_NO
dc.subjectJEL classification: Q53nb_NO
dc.subjectJEL classification: Q55nb_NO
dc.subjectJEL classification: Q58nb_NO
dc.titleCan non-market regulations spur innovations in environmental technologies? A study on firm level patentingnb_NO
dc.typeWorking papernb_NO
dc.description.versionpublishedVersionnb_NO
dc.subject.nsiVDP::Matematikk og Naturvitenskap: 400::Matematikk: 410::Statistikk: 412nb_NO
dc.source.pagenumber30nb_NO


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