Are State Renewable Portfolio Standards Contagious

Bibliographic Data

ID2784212
AuthorsOguzhan Dincer (Department of Economics Illinois State University Normal IL 61761), Oguzhan C Dincer (0000-0003-1328-8499, Illinois State University), James E Payne (0000-0002-0594-9405, University of New Orleans 2000 Lakeshore Drive New Orleans LA 70148, corresponding author), Kristi Simkins (Department of Economics Illinois State University Normal IL 61761)
Year2014
Volume73
Issue2
Pages325-340
Publication date2014-04-01
Open AccessYes
TypeARTICLE
VenueAmerican Journal of Economics and Sociology (JOURNAL)
Journal identifiersISSN: 0002-9246 • E-ISSN: 1536-7150
PublisherWiley (PUBLISHER • GB)
DOI10.1111/ajes.12073
OpenAlexW1509033527
LanguageEN
Citations received2
References cited12

This study examines whether the target levels of a state's renewable portfolio standard (RPS) are influenced by target levels in neighboring states, controlling for state-specific characteristics. Contrary to previous studies, target levels in neighboring states have a positive and statistically significant impact. In addition, the renewable energy potential and transmission capacity within a state, as well as in neighboring states, all have a positive and statistically significant impact. Both a state's unemployment rate and its educational attainment have a positive impact. Furthermore, states with Democratic governors have higher RPS target levels. The results also indicate significant regional variation in RPS target levels

Economic growth · Economics · Financial economics · Portfolio · Renewable energy · State (computer science) · Unemployment · Unemployment rate · Climate Change Policy and Economics · Energy, Environment, Economic Growth · Engineering · Housing Market and Economics · Mathematics

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