| Title |
Feed-in tariffs, knowledge stocks and renewable energy technology innovation: The role of local government intervention |
| ID_Doc |
35667 |
| Authors |
Zhao, G; Zhou, P; Wen, W |
| Title |
Feed-in tariffs, knowledge stocks and renewable energy technology innovation: The role of local government intervention |
| Year |
2021 |
| Published |
|
| DOI |
10.1016/j.enpol.2021.112453 |
| Abstract |
This paper studies the moderating effect of local government intervention on transforming feed-in tariffs and knowledge stocks into renewable energy technology innovation. We examine the key intervention measures for the wind energy sector, using provincial panel data in China over the period 2008-2017. Our results show that local government intervention factors, such as policy count in renewables and R&D expenditure, are significant drivers for technology innovation. However, local green fixed industrial investment has negative implication. Moreover, we find that increasing local policy counts in renewables and augmenting local R&D investment can buffer feed-in tariffs' effectiveness on innovation performance. Expanding renewable policies, and increasing local fund on R&D program and green fixed industries may enhance the relationship between knowledge stocks and technology innovation. It is suggested that the provinces with over-reliance subsidies should put more emphasis on local renewable development policies and increase the level of R&D expenditure. |
| Author Keywords |
Feed-in tariffs; Renewable energy; Government intervention; Technology innovation; Wind |
| Index Keywords |
Index Keywords |
| Document Type |
Other |
| Open Access |
Open Access |
| Source |
Science Citation Index Expanded (SCI-EXPANDED); Social Science Citation Index (SSCI) |
| EID |
WOS:000687335700007 |
| WoS Category |
Economics; Energy & Fuels; Environmental Sciences; Environmental Studies |
| Research Area |
Business & Economics; Energy & Fuels; Environmental Sciences & Ecology |
| PDF |
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