Government R&D and green technology spillovers: the Chernobyl disaster as a natural experiment
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2023
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| 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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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 |
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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 |
| _version_ |
1765445796829855744 |
| score |
8.893527 |
