2018
DOI: 10.1016/j.eneco.2017.12.012
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The impact of green innovation on energy intensity: An empirical analysis for 14 industrial sectors in OECD countries

Abstract: This paper analyses the impact of green innovation on energy intensity in a set of 14 industrial sectors in 17 OECD countries over the 1975-2005 period. We create a stock of green patents for each industrial sector and estimate a translog cost function to measure the impact of green innovation on energy intensity, next to other factors such as input substitution and autonomous technical change. We find that green innovation has contributed to the decline in energy intensity in the majority of sectors: the medi… Show more

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Cited by 374 publications
(139 citation statements)
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“…Technological innovation, especially environmental-related patents can enhance energy efficiency, thus 49 reduce carbon emissions (Voigt et al, 2014;Wurlod and Noailly, 2018). The governments of the BRIICS 50 association encourage the development of environmental patents.…”
Section: Introduction 30mentioning
confidence: 99%
“…Technological innovation, especially environmental-related patents can enhance energy efficiency, thus 49 reduce carbon emissions (Voigt et al, 2014;Wurlod and Noailly, 2018). The governments of the BRIICS 50 association encourage the development of environmental patents.…”
Section: Introduction 30mentioning
confidence: 99%
“…Related studies between energy consumption and polluting emissions support the impact of the structure of energy consumption on air [72][73][74]. GDP growth and fossil fuel energy consumption are mentioned as major sources of CO2 emission [75][76][77]. Related studies between energy consumption and polluting emissions support the impact of the structure of energy consumption on air [72][73][74].…”
Section: Modeling and Simulationmentioning
confidence: 95%
“…Related studies between energy consumption and polluting emissions support the impact of the structure of energy consumption on air [72][73][74]. GDP growth and fossil fuel energy consumption are mentioned as major sources of CO 2 emission [75][76][77].…”
Section: Modeling and Simulationmentioning
confidence: 98%
“…Yet, building these types of indicators for environmental goods and services present important challenges as standard sectoral codes (ISIC, NACE; NAICS) do not lend themselves to a breakdown of commodity of product classification representing environmental technologies except in very specific areas (Sawhney and Kahn 2011). One potential avenue for future work could be to exploit recently developed concordance tables that make a link between patents and sectoral classifications (Lybbert and Zolas 2014;Wurlod and Noailly 2016) as this can prove useful to identify sectors-and thus trade data-that are most likely to embody environmental technical change. Overall, measuring the diffusion of environmental technologies would be greatly facilitated by the availability of detailed sales data, some of which are slowly becoming available.…”
Section: Metricsmentioning
confidence: 99%
“…Clean technologies can provide benefits to various segments of society, in terms of reduced carbon emissions, energy-efficiency (Popp 2001;Wurlod and Noailly 2016), improved health, but also possibly lower costs of resource use, higher productivity and economic growth. It is important to quantify and understand further the value of these impacts and future work should aim to enhance our knowledge on these issues.…”
Section: Impact Of Innovation and Diffusionmentioning
confidence: 99%