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DOI | 10.1016/j.enpol.2021.112767 |
Biofuels policy and innovation impacts: Evidence from biofuels and agricultural patent indicators | |
Nelson K.P.; Parton L.C.; Brown Z.S. | |
发表日期 | 2022 |
ISSN | 0301-4215 |
卷号 | 162 |
英文摘要 | In the early 2000s, governments implemented policies stimulating the use of ethanol and biodiesel to reduce carbon emissions and encourage domestic energy production. Blend mandates requiring gasoline or diesel to contain a minimum percentage of these biofuels were a favored policy instrument. Theoretical work by Clancy and Moschini (2017) concluded that, if innovation were stimulated by mandates, then the socially optimal mandate would be higher than if innovation were not possible. We test the impact of blend mandates and other biofuels policies on innovation using measures of patenting activity that correspond with research effort and research output. Our analysis shows that ethanol blend mandates significantly increased both R&D effort and quality-weighted innovation output in biofuels technologies while reducing the R&D inputs to plant technologies. This suggests that biofuels innovation increased in response to the policies, with firms substituting some R&D effort away from plant technologies research. Despite decreased R&D effort, output of plant innovation held steady as effort shifted to biofuels, supporting the presence of a spillover effect between biofuels innovation and plant innovation. We find that biodiesel blend mandates did not significantly impact R&D efforts in either plant or biofuels technologies. Furthermore, policies other than blend mandates had varying effects, ranging from limited increases in R&D activity to significant decreases in innovation. JEL Codes: O31, O38, Q16, Q48, Q55. © 2022 |
英文关键词 | Bayesian model averaging; Biofuels; Biotechnology; Patenting |
语种 | 英语 |
scopus关键词 | Bayesian networks; Biodiesel; Ethanol; Bayesian model averaging; Biofuels policies; Carbon emissions; Domestic energy; Energy productions; Impact evidences; Patenting activities; Plant technologies; Policy instruments; Research efforts; Patents and inventions; agricultural technology; Bayesian analysis; biofuel; biotechnology; energy policy; innovation; research and development |
来源期刊 | Energy Policy |
文献类型 | 期刊论文 |
条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/256364 |
作者单位 | U.S. Department of Agriculture, Economic Research Service, United States; Department of Economics, Boise State University, United States; Department of Agricultural and Resource Economics, North Carolina State University, United States; Genetic Engineering and Society Center, North Carolina State University, United States |
推荐引用方式 GB/T 7714 | Nelson K.P.,Parton L.C.,Brown Z.S.. Biofuels policy and innovation impacts: Evidence from biofuels and agricultural patent indicators[J],2022,162. |
APA | Nelson K.P.,Parton L.C.,&Brown Z.S..(2022).Biofuels policy and innovation impacts: Evidence from biofuels and agricultural patent indicators.Energy Policy,162. |
MLA | Nelson K.P.,et al."Biofuels policy and innovation impacts: Evidence from biofuels and agricultural patent indicators".Energy Policy 162(2022). |
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