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When Renewable Energy R&D and Import will Support Tackling the Climate Change? Regional Analysis for OECD Countries

Moqadassi, Zahra | 2023

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  1. Type of Document: M.Sc. Thesis
  2. Language: Farsi
  3. Document No: 56007 (44)
  4. University: Sharif University of Technology
  5. Department: Management and Economics
  6. Advisor(s): Miremadi, Iman; Khajehpour, Hossein
  7. Abstract:
  8. One of the actions taken to mitigate the climate change is research, development and demonstration (RD&D) investments in renewable energy technology. In addition to domestic R&D spending, the importation of foreign technologies, as a main channel of technology transfer, is another option to obtain renewable energy technologies in order to achieve climate objectives. In this study, a panel dataset of 28 OECD member countries from 2011 to 2020 is analysed, using the OLS, fixed-effects, and two-system system GMM methods, to assess the impacts of public spending on renewable energy RD&D and the import of renewable energy technologies on the energy-related CO2 emissions. To fully capture the the significant regional differences, the 28 countries are re-divided into four regions in accordance with their renewable energy RD&D investment level and energy-related CO2 emissions. The findings reveal that CO2 emission is significantly and negatively affected by renewable energy imports, for the full panel as well as for Low-RERD and Low-Em regions. Furthermore, only in High-RERD and High-Em regions can renewable energy RD&D decrease CO2 emissions. Accordingly, some policy implications are recommended concerning investments in renewable energy RD&D and renewables import
  9. Keywords:
  10. Renewable Energy Resources ; Research and Development Strategy ; Carbon Dioxide Emission ; Fixed Effect Model ; Generalized Moments Methods ; Renewable Energy Technologies Import ; Climate Change

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