کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
7405044 1481298 2013 14 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Green investment: Trends and determinants
ترجمه فارسی عنوان
سرمایه گذاری سبز: روند و تعیین کننده
کلمات کلیدی
منابع قابل بازیافت و حفاظت، انرژی، اقتصاد محیطی،
موضوعات مرتبط
مهندسی و علوم پایه مهندسی انرژی مهندسی انرژی و فناوری های برق
چکیده انگلیسی
This paper fills a gap in the macroeconomic literature on renewable sources of energy. It offers a definition of green investment and analyzes the trends and determinants of this investment over the last decade for 35 advanced and emerging countries. We use a new multi-country historical dataset and find that green investment has become a key driver of the energy sector and that its rapid growth is now mostly driven by China. Our econometric results suggest that green investment is boosted by economic growth, a sound financial system conducive to low interest rates, and high fuel prices. We also find that some policy interventions, such as the introduction of carbon pricing schemes or “feed-in-tariffs,” which require use of “green” energy, have a positive and significant impact on green investment. Other interventions, such as biofuel support, do not appear to be associated with higher green investment.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Energy Policy - Volume 60, September 2013, Pages 852-865
نویسندگان
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