Abstract
This thesis is a collection of three papers on the economic effects of climate
policies. In particular, it studies how climate policies affect innovation, market
power and the distribution of income. Chapters 1 and 2 take an empirical
approach to show that stricter regulations lead to increased patenting in clean
technologies and that energy prices negatively affect the labor share of income,
highlighting how climate policy can have both positive and negative “side effects.”
Chapter 3 takes a theoretical approach to study how climate policy interacts with
market power and finds that policies may lead incumbent firms to strategically
increase their fossil fuel investments while simultaneously making markets more
competitive. Together, the three chapters offer new insights in the economic
impacts of the green transition.
policies. In particular, it studies how climate policies affect innovation, market
power and the distribution of income. Chapters 1 and 2 take an empirical
approach to show that stricter regulations lead to increased patenting in clean
technologies and that energy prices negatively affect the labor share of income,
highlighting how climate policy can have both positive and negative “side effects.”
Chapter 3 takes a theoretical approach to study how climate policy interacts with
market power and finds that policies may lead incumbent firms to strategically
increase their fossil fuel investments while simultaneously making markets more
competitive. Together, the three chapters offer new insights in the economic
impacts of the green transition.
| Original language | English |
|---|---|
| Qualification | Doctor of Philosophy |
| Awarding Institution |
|
| Supervisors/Advisors |
|
| Award date | 22 Nov 2024 |
| Place of Publication | Tilburg |
| Publisher | |
| Print ISBNs | 978 90 5668 755 7 |
| Publication status | Published - 2024 |