Essays on biased innovation and environmental policy

Stadler, Balazs (2018) Essays on biased innovation and environmental policy. Doctoral thesis, University of East Anglia.

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The thesis comprises of three essays aimed at enhancing our understanding of the relationship of environmental policy, firms’ innovation and efficiency. In the first essay, we examine the direction of innovation in the U.S. metal industry with data envelopment analysis and how is it affected by the change in the price of fossil fuels. We provide evidence that there was a environmentally-biased innovation and it was driven by the expectations of energy prices. In the second essay, we examine the effect of environmental policy on efficiency state-level manufacturing in the U.S. We use instrumental variables to control for simultaneous causality and find that stringent policy enhanced the efficiency of the manufacturing sectors. In the third essay, we examine the Climate Change Levy on firms operating in four manufacturing sectors in the U.K. Our results show that Climate Change Levy increased efficiency.

Item Type: Thesis (Doctoral)
Faculty \ School: Faculty of Social Sciences > School of Economics
Depositing User: Jackie Webb
Date Deposited: 20 Nov 2018 14:07
Last Modified: 20 Nov 2018 14:07


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