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- Publisher Website: 10.1016/j.enpol.2013.11.011
- Scopus: eid_2-s2.0-84892479329
- WOS: WOS:000332135900036
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Article: Energy security and climate change: How oil endowment influences alternative vehicle innovation
Title | Energy security and climate change: How oil endowment influences alternative vehicle innovation |
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Authors | |
Keywords | Climate policy Technology innovation Fossil fuel endowment |
Issue Date | 2014 |
Citation | Energy Policy, 2014, v. 66, p. 400-410 How to Cite? |
Abstract | Fast growing global energy needs raise concerns on energy supply security and climate change. Although policies addressing the two issues sometimes benefit one at the expense of the other, technology innovation, especially in alternative energy, provides a win-win solution to tackle both issues. This paper examines the effect of oil endowment on the patterns of technology innovation in the transportation sector, attempting to identify drivers of technology innovation in alternative energy. The analysis employs panel data constructed from patent data on five different types of automobile-related technologies from 1990 to 2002: oil extraction, petroleum refining, fuel cells, electric and hybrid vehicles (EHV) and vehicle energy efficiency. I find that countries with larger oil endowments perform less innovation on refining and alternative technologies. Conversely, higher gasoline prices positively impact the patent counts of alternative technologies and energy efficiency technology. The findings highlight the challenges and importance of policy designs in international climate change agreements. © 2013 Elsevier Ltd. |
Persistent Identifier | http://hdl.handle.net/10722/202182 |
ISSN | 2023 Impact Factor: 9.3 2023 SCImago Journal Rankings: 2.388 |
ISI Accession Number ID |
DC Field | Value | Language |
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dc.contributor.author | Kim, Jungeun | - |
dc.date.accessioned | 2014-08-22T02:57:46Z | - |
dc.date.available | 2014-08-22T02:57:46Z | - |
dc.date.issued | 2014 | - |
dc.identifier.citation | Energy Policy, 2014, v. 66, p. 400-410 | - |
dc.identifier.issn | 0301-4215 | - |
dc.identifier.uri | http://hdl.handle.net/10722/202182 | - |
dc.description.abstract | Fast growing global energy needs raise concerns on energy supply security and climate change. Although policies addressing the two issues sometimes benefit one at the expense of the other, technology innovation, especially in alternative energy, provides a win-win solution to tackle both issues. This paper examines the effect of oil endowment on the patterns of technology innovation in the transportation sector, attempting to identify drivers of technology innovation in alternative energy. The analysis employs panel data constructed from patent data on five different types of automobile-related technologies from 1990 to 2002: oil extraction, petroleum refining, fuel cells, electric and hybrid vehicles (EHV) and vehicle energy efficiency. I find that countries with larger oil endowments perform less innovation on refining and alternative technologies. Conversely, higher gasoline prices positively impact the patent counts of alternative technologies and energy efficiency technology. The findings highlight the challenges and importance of policy designs in international climate change agreements. © 2013 Elsevier Ltd. | - |
dc.language | eng | - |
dc.relation.ispartof | Energy Policy | - |
dc.subject | Climate policy | - |
dc.subject | Technology innovation | - |
dc.subject | Fossil fuel endowment | - |
dc.title | Energy security and climate change: How oil endowment influences alternative vehicle innovation | - |
dc.type | Article | - |
dc.description.nature | link_to_subscribed_fulltext | - |
dc.identifier.doi | 10.1016/j.enpol.2013.11.011 | - |
dc.identifier.scopus | eid_2-s2.0-84892479329 | - |
dc.identifier.volume | 66 | - |
dc.identifier.spage | 400 | - |
dc.identifier.epage | 410 | - |
dc.identifier.isi | WOS:000332135900036 | - |
dc.identifier.issnl | 0301-4215 | - |