National innovation capacity and the drivers of energy efficiency R&D in the OECD
<p dir="ltr">Achieving COP28′s target to double global energy efficiency improvements by 2030 requires understanding how environmental regulations and market forces jointly shape energy R&D investment. This paper examines how <u>environmental policy</u> stringency and...
محفوظ في:
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| مؤلفون آخرون: | , |
| منشور في: |
2025
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| الموضوعات: | |
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| _version_ | 1864513533634412544 |
|---|---|
| author | Ashraf Galal Eid (16982736) |
| author2 | Fateh Belaïd (22503086) Akrem Temimi (22503089) |
| author2_role | author author |
| author_facet | Ashraf Galal Eid (16982736) Fateh Belaïd (22503086) Akrem Temimi (22503089) |
| author_role | author |
| dc.creator.none.fl_str_mv | Ashraf Galal Eid (16982736) Fateh Belaïd (22503086) Akrem Temimi (22503089) |
| dc.date.none.fl_str_mv | 2025-06-11T09:00:00Z |
| dc.identifier.none.fl_str_mv | 10.1016/j.eap.2025.05.033 |
| dc.relation.none.fl_str_mv | https://figshare.com/articles/journal_contribution/National_innovation_capacity_and_the_drivers_of_energy_efficiency_R_D_in_the_OECD/30455219 |
| dc.rights.none.fl_str_mv | CC BY 4.0 info:eu-repo/semantics/openAccess |
| dc.subject.none.fl_str_mv | Economics Applied economics Environmental sciences Climate change impacts and adaptation Ecological applications Human society Policy and administration Energy efficiency Environmental policy stringency Method of moments quantile regression Oecd R&d dynamics |
| dc.title.none.fl_str_mv | National innovation capacity and the drivers of energy efficiency R&D in the OECD |
| dc.type.none.fl_str_mv | Text Journal contribution info:eu-repo/semantics/publishedVersion text contribution to journal |
| description | <p dir="ltr">Achieving COP28′s target to double global energy efficiency improvements by 2030 requires understanding how environmental regulations and market forces jointly shape energy R&D investment. This paper examines how <u>environmental policy</u> stringency and oil prices affect energy efficiency research and development spending across <u>OECD</u> countries (1990–2022) using Method of Moments <u>Quantile Regression</u> (MMQR). We find that environmental policy stringency has increasingly positive effects at higher energy efficiency R&D investment quantiles, supporting Porter's Hypothesis. Contrary to the <u>induced innovation</u> hypothesis, oil price increases consistently depress energy efficiency R&D, suggesting that higher energy costs divert resources from innovation. Additionally, policy effectiveness varies significantly with countries' R&D capabilities; innovation leaders respond more strongly than laggards. These findings have important implications for <u>decarbonization</u> strategies. While stringent environmental policies can drive innovation, their success depends on protecting energy efficiency R&D budgets from oil price volatility and tailoring policies to national innovation capacities. Policy frameworks must shield long-term investments from short-term market pressures while addressing countries’ heterogeneous innovation capabilities.</p><h2>Other Information</h2><p dir="ltr">Published in: Economic Analysis and Policy<br>License: <a href="http://creativecommons.org/licenses/by/4.0/" target="_blank">http://creativecommons.org/licenses/by/4.0/</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.1016/j.eap.2025.05.033" target="_blank">https://dx.doi.org/10.1016/j.eap.2025.05.033</a></p> |
| eu_rights_str_mv | openAccess |
| id | Manara2_c99addd821b86ff03b55f28b351f2f77 |
| identifier_str_mv | 10.1016/j.eap.2025.05.033 |
| network_acronym_str | Manara2 |
| network_name_str | Manara2 |
| oai_identifier_str | oai:figshare.com:article/30455219 |
| publishDate | 2025 |
| repository.mail.fl_str_mv | |
| repository.name.fl_str_mv | |
| repository_id_str | |
| rights_invalid_str_mv | CC BY 4.0 |
| spelling | National innovation capacity and the drivers of energy efficiency R&D in the OECDAshraf Galal Eid (16982736)Fateh Belaïd (22503086)Akrem Temimi (22503089)EconomicsApplied economicsEnvironmental sciencesClimate change impacts and adaptationEcological applicationsHuman societyPolicy and administrationEnergy efficiencyEnvironmental policy stringencyMethod of moments quantile regressionOecdR&d dynamics<p dir="ltr">Achieving COP28′s target to double global energy efficiency improvements by 2030 requires understanding how environmental regulations and market forces jointly shape energy R&D investment. This paper examines how <u>environmental policy</u> stringency and oil prices affect energy efficiency research and development spending across <u>OECD</u> countries (1990–2022) using Method of Moments <u>Quantile Regression</u> (MMQR). We find that environmental policy stringency has increasingly positive effects at higher energy efficiency R&D investment quantiles, supporting Porter's Hypothesis. Contrary to the <u>induced innovation</u> hypothesis, oil price increases consistently depress energy efficiency R&D, suggesting that higher energy costs divert resources from innovation. Additionally, policy effectiveness varies significantly with countries' R&D capabilities; innovation leaders respond more strongly than laggards. These findings have important implications for <u>decarbonization</u> strategies. While stringent environmental policies can drive innovation, their success depends on protecting energy efficiency R&D budgets from oil price volatility and tailoring policies to national innovation capacities. Policy frameworks must shield long-term investments from short-term market pressures while addressing countries’ heterogeneous innovation capabilities.</p><h2>Other Information</h2><p dir="ltr">Published in: Economic Analysis and Policy<br>License: <a href="http://creativecommons.org/licenses/by/4.0/" target="_blank">http://creativecommons.org/licenses/by/4.0/</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.1016/j.eap.2025.05.033" target="_blank">https://dx.doi.org/10.1016/j.eap.2025.05.033</a></p>2025-06-11T09:00:00ZTextJournal contributioninfo:eu-repo/semantics/publishedVersiontextcontribution to journal10.1016/j.eap.2025.05.033https://figshare.com/articles/journal_contribution/National_innovation_capacity_and_the_drivers_of_energy_efficiency_R_D_in_the_OECD/30455219CC BY 4.0info:eu-repo/semantics/openAccessoai:figshare.com:article/304552192025-06-11T09:00:00Z |
| spellingShingle | National innovation capacity and the drivers of energy efficiency R&D in the OECD Ashraf Galal Eid (16982736) Economics Applied economics Environmental sciences Climate change impacts and adaptation Ecological applications Human society Policy and administration Energy efficiency Environmental policy stringency Method of moments quantile regression Oecd R&d dynamics |
| status_str | publishedVersion |
| title | National innovation capacity and the drivers of energy efficiency R&D in the OECD |
| title_full | National innovation capacity and the drivers of energy efficiency R&D in the OECD |
| title_fullStr | National innovation capacity and the drivers of energy efficiency R&D in the OECD |
| title_full_unstemmed | National innovation capacity and the drivers of energy efficiency R&D in the OECD |
| title_short | National innovation capacity and the drivers of energy efficiency R&D in the OECD |
| title_sort | National innovation capacity and the drivers of energy efficiency R&D in the OECD |
| topic | Economics Applied economics Environmental sciences Climate change impacts and adaptation Ecological applications Human society Policy and administration Energy efficiency Environmental policy stringency Method of moments quantile regression Oecd R&d dynamics |