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dc.contributor.authorNICOLLI, Francesco
dc.contributor.authorVONA, Francesco
dc.date.accessioned2020-02-10T16:08:45Z
dc.date.available2020-02-10T16:08:45Z
dc.date.issued2019
dc.identifier.citationEnergy policy, 2019, Vol. 128, pp. 853-867en
dc.identifier.issn0301-4215
dc.identifier.issn1873-6777
dc.identifier.urihttps://hdl.handle.net/1814/66084
dc.descriptionAvailable online 11 February 2019en
dc.description.abstractThis paper investigates the effect of energy liberalization, compared to other drivers, on policies that support renewable energy in a long panel of OECD countries. We estimate this effect by accounting for the endogeneity of liberalization related to joint decisions within a country's energy strategy. Using regulation in other industries as instruments, we find that energy liberalization increases public support for renewable energy. The effect of liberalization is the second largest after the effect of per-capita income and is mostly driven by reductions in entry barriers, while the effect of privatization is unclear. This finding suggests that a reduction in the monopolistic power of state-owned utilities has a positive effect on renewable energy policies when various types of actors are ensured access to the grid instead of it being provided to only a few large private firms.en
dc.language.isoen
dc.publisherElsevier Sci Ltden
dc.relation.ispartofEnergy policyen
dc.subjectRenewable energy policyen
dc.subjectEnergy market liberalizationen
dc.subjectInstrumental variablesen
dc.subjectApplied political economyen
dc.titleEnergy market liberalization and renewable energy policies in OECD countriesen
dc.typeArticle
dc.identifier.doi10.1016/j.enpol.2019.01.018
dc.identifier.volume128
dc.identifier.startpage853
dc.identifier.endpage867
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