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Government R&D and green technology spillovers: the Chernobyl disaster as a natural experiment

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Bibliographic Details
Main Author: Gianluca, Orsatti
Format: Book
Language:English
Published: Springer 2023
Subjects:
increasing government R&D budget
Online Access:https://link.springer.com/article/10.1007/s10961-023-10000-6
https://dlib.phenikaa-uni.edu.vn/handle/PNK/8426
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spelling oai:localhost:PNK-84262023-05-09T07:16:30Z Government R&D and green technology spillovers: the Chernobyl disaster as a natural experiment Gianluca, Orsatti increasing government R&D budget CC BY Using data on green patents filed at the European Patent Office from 1980 to 1984, this paper investigates the effect of increasing government R&D budget on green technology spillovers. Spillovers are measured with patent forward citations over the period 1981–1988. The level of government R&D budget is instrumented leveraging the unexpected occurrence of the Chernobyl nuclear accident—that exogenously pushed governments to reduce their energy-related R&D budgets—in a difference in differences setting. 2SLS results show that a 10% increase in government R&D increases by some 0.7% the number of citations received by green patents. Although positive and significant, the small magnitude of the estimated elasticity suggests that government R&D takes time to let innovation spillovers from green technologies to materialize with some relevance. 2023-05-09T07:15:28Z 2023-05-09T07:15:28Z 2023 Book https://link.springer.com/article/10.1007/s10961-023-10000-6 https://dlib.phenikaa-uni.edu.vn/handle/PNK/8426 en application/pdf Springer
institution Digital Phenikaa
collection Digital Phenikaa
language English
topic increasing government R&D budget
spellingShingle increasing government R&D budget
Gianluca, Orsatti
Government R&D and green technology spillovers: the Chernobyl disaster as a natural experiment
description CC BY
format Book
author Gianluca, Orsatti
author_facet Gianluca, Orsatti
author_sort Gianluca, Orsatti
title Government R&D and green technology spillovers: the Chernobyl disaster as a natural experiment
title_short Government R&D and green technology spillovers: the Chernobyl disaster as a natural experiment
title_full Government R&D and green technology spillovers: the Chernobyl disaster as a natural experiment
title_fullStr Government R&D and green technology spillovers: the Chernobyl disaster as a natural experiment
title_full_unstemmed Government R&D and green technology spillovers: the Chernobyl disaster as a natural experiment
title_sort government r&d and green technology spillovers: the chernobyl disaster as a natural experiment
publisher Springer
publishDate 2023
url https://link.springer.com/article/10.1007/s10961-023-10000-6
https://dlib.phenikaa-uni.edu.vn/handle/PNK/8426
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score 8.887836

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