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dc.contributor.author
Brunnschweiler, Christa N.
dc.date.accessioned
2018-03-09T13:52:07Z
dc.date.available
2017-06-08T22:19:23Z
dc.date.available
2018-03-09T13:52:07Z
dc.date.issued
2009
dc.identifier.uri
http://hdl.handle.net/20.500.11850/16822
dc.identifier.doi
10.3929/ethz-a-005868918
dc.description.abstract
This paper examines the role of the financial sector in renewable energy (RE) development. Although RE can bring socio-economic and environmental benefits, its implementation faces a number of obstacles, especially in non-OECD countries. One of these obstacles is financing: underdeveloped financial sectors are unable to e±ciently channel loans to RE producters. The influence of financial sector development on the use of renewable energy resources is confirmed in panel data estimations on up to 119 non-OECD countries for 1980-2006. Financial intermediation, in particular commercial banking, has a significant positive effect on the amount of RE produced, and the impact is especially large when we consider non-hydropower RE such as wind, solar, geothermal, and biomass. There is also evidence that the adoption of the Kyoto Protocol has had a significant positive impact on the development of the RE sector.
en_US
dc.language.iso
en
en_US
dc.publisher
Center of Economic Research, ETH
en_US
dc.rights.uri
http://rightsstatements.org/page/InC-NC/1.0/
dc.subject
MONETARY ISSUES + BANKING ISSUES + STOCK EXCHANGE ISSUES
en_US
dc.subject
NACHHALTIGE ENTWICKLUNG
en_US
dc.subject
Financial sector
en_US
dc.subject
ALTERNATIVE ENERGIES + REGENERATIVE ENERGIES (ENERGY TECHNOLOGY)
en_US
dc.subject
ÜBERGANGSWIRTSCHAFT
en_US
dc.subject
Renewable energy
en_US
dc.subject
TRANSITION ECONOMIES
en_US
dc.subject
Development
en_US
dc.subject
Banking
en_US
dc.subject
ALTERNATIVE ENERGIEN + REGENERATIVE ENERGIEN (ENERGIETECHNIK)
en_US
dc.subject
SUSTAINABLE DEVELOPMENT
en_US
dc.title
Finance for renewable energy
en_US
dc.type
Working Paper
dc.rights.license
In Copyright - Non-Commercial Use Permitted
ethz.title.subtitle
An empirical analysis of developing and transition economies
en_US
ethz.journal.title
Economics Working Paper Series
ethz.journal.volume
09
en_US
ethz.journal.issue
117
en_US
ethz.size
37 p.
en_US
ethz.code.ddc
3 - Social sciences::330 - Economics
en_US
ethz.code.ddc
3 - Social sciences::333.7 - Natural resources, energy and environment
en_US
ethz.notes
http://e-citations.ethbib.ethz.ch/view/pub:33247.
en_US
ethz.identifier.nebis
005868918
ethz.publication.place
Zurich
en_US
ethz.publication.status
published
en_US
ethz.leitzahl
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02045 - Dep. Geistes-, Sozial- u. Staatswiss. / Dep. of Humanities, Social and Pol.Sc.
en_US
ethz.date.deposited
2017-06-08T22:19:46Z
ethz.source
ECOL
ethz.source
ECIT
ethz.identifier.importid
imp59366ad88e8ab59930
ethz.identifier.importid
imp59364c6c15d7919958
ethz.ecolpid
eth:90
ethz.ecitpid
pub:28740
ethz.eth
yes
en_US
ethz.availability
Open access
en_US
ethz.rosetta.installDate
2017-07-25T21:26:53Z
ethz.rosetta.lastUpdated
2018-11-06T15:31:38Z
ethz.rosetta.exportRequired
true
ethz.rosetta.versionExported
true
ethz.COinS
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