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| Maguire, Karen. |
| This paper focuses on the role of electricity markets and renewable energy regulation in wind development across the United States. My findings, using a random effects Tobit model with a 25-state sample, from 1994-2008, indicate that the implementation of state Renewables Portfolio Standards (RPS), Green Power Purchase programs (GPP), and the Federal Production Tax Credit (PTC) positively influenced a state’s added wind capacity. The influence of GPP programs continued to increase in the years after implementation, while for RPS it diminished. Also, other programs such as State Loan and Grant programs directed at increasing renewable energy development have not had a significant impact on wind capacity. The role of market factors is less significant,... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Wind Energy; Energy Policy; Renewable Energy Development; Environmental Economics and Policy. |
| Ano: 2011 |
URL: http://purl.umn.edu/103599 |
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| Gennaioli, Caterina; Tavoni, Massimo. |
| The aim of this paper is to provide an assessment of the potential for resource curse in the renewable energy sector. Taking a political economy approach, we analyze the link between public support schemes for renewable energy and the potential scope for rent seeking and corruption. The insights of a model of political influence by interest groups are tested empirically using a panel data of Italian provinces for the period 1990-2007. We find evidence that a curse exists in the case of wind energy, and specifically that: i) criminal association activity increased more in high-wind provinces and especially after the introduction of a more favourable public policy regime and, ii) the expansion of the wind energy sector has been driven by both the wind level... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Corruption; Natural Resources Curse; Wind Energy; Political Economy; Resource /Energy Economics and Policy; D73; O13; P16. |
| Ano: 2011 |
URL: http://purl.umn.edu/115846 |
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