期刊名称:Zagreb International Review of Economics and Business
印刷版ISSN:1331-5609
出版年度:2017
卷号:20
期号:1
页码:49-64
DOI:10.1515/zireb-2017-0007
语种:English
出版社:Ekonomski fakultet Sveučilišta u Zagrebu
摘要:This paper examines the success of the European Union Emissions Trading System (EU ETS) in inducing cleaner production in the EU based on the first two trading periods. It fills a literature gap by constructing a measure of clean production and conducting an ex-post macro-level analysis of the EU ETS impacts in EU15 compared to EU12. Results of panel regression analysis robustly show that EU ETS in both EU12 and EU15 (i) has positive impact on clean production of regulated industries, (ii) does not induce spillovers of cleaner technologies and processes to non-regulated industries, and (iii) does not affect clean production at the national level. In addition, share of renewables in energy consumption has a positive and crisis a negative impact on the clean production. Results support further tightening and broader coverage of EU ETS regulation and provision of funds from the EU ETS for development of renewable energy technologies.
关键词:EU ETS; Member States; greenhouse gas emissions; clean production; panel regression analysis