We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
Empirical Estimates of the Influence of Renewable Energy Portfolio Standards on the Green Economies of States.
- Authors
Bowen, William M.; Park, Sunjoo; Elvery, Joel A.
- Abstract
The contribution of state renewable energy portfolio standards (RPS) to green business and job growth is controversial. This research estimated the contribution of RPS to state green industrial growth empirically by stipulating and econometrically controlling for a range of state economic growth variables and, having done so, adding RPS variables. Our modeling framework assumed that if RPS have any effect on the green economy in a state, the effect occurs after a period of social and economic adjustment processes that began when the RPS were enacted. Our findings indicate that the presence of RPS have no discernible effect one way or the other on green job growth, but the persistence of RPS through time does cause an increase in the number of green businesses.
- Subjects
RENEWABLE portfolio standards; GREEN business; ECONOMIC development; SOCIAL adjustment; ECONOMIC stabilization; ENERGY conservation standards
- Publication
Economic Development Quarterly, 2013, Vol 27, Issue 4, p338
- ISSN
0891-2424
- Publication type
Article
- DOI
10.1177/0891242413491316