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首页> 外文期刊>Energy Policy >The Impact of Intergovernmental Grants on Innovation in Clean Energy and Energy Conservation: Evidence from the American Recovery and Reinvestment Act
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The Impact of Intergovernmental Grants on Innovation in Clean Energy and Energy Conservation: Evidence from the American Recovery and Reinvestment Act

机译：政府间管理对清洁能源节能创新的影响：来自美国恢复和再投资法的证据

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President Barack Obama signed the American Recovery and Reinvestment Act (ARRA) into law in 2009. It awarded massive temporary funding for the objective of reviving the national economy. The purpose of this research was to evaluate the effectiveness of some of the ARRA funds in terms of stimulating innovative activities specifically in renewable energy and energy efficiency technologies. The research question was about whether federal ARRA expenditures issued through decentralized state and local intergovernmental grant programs and designed to spur new energy technologies effectively achieved their legislatively stated objectives. The analysis was based upon a first differenced regression model with instrumental variables using data from 2005 to 2015. The analytical evidence indicates that all else held equal, the ARRA funds successfully stimulated innovative activities in these technology fields. We conclude that a decentralized delivery system conducted through intergovernmental grants can effectively allocate federal expenditures for promoting innovative activity in energytechnology-related fields. We also suggest that short-term and temporary funds such as those supplied by the ARRA can provide a positive longerterm return vis-a-vis innovative activity in these fields.
机译：总统巴拉克•奥巴马于2009年签署了美国恢复和再投资法案（Arra）。它授予巨大的临时资金，以恢复国民经济。本研究的目的是评估一些ARRA基金的有效性，以便在可再生能源和能源效率技术上专门刺激创新活动。研究问题是关于通过权力下放国家和地方政府间拨款方案发出的联邦ARRA支出，并旨在促进新的能源技术有效地实现了立法规定的目标。该分析基于使用2005年至2015年的数据的仪器变量的第一差异回归模型。分析证据表明，所有其他人都相同，ARRA基金在这些技术领域成功地刺激了创新活动。我们得出结论，通过政府间拨款进行分散的交付系统可以有效地分配联邦支出，以促进与能源技术有关的领域的创新活动。我们还建议，ARRA提供的短期和临时资金，例如由ARRA提供的资金可以在这些领域提供积极的更长率返回VIS-A-Vis创新活动。

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