Environmental Policy and Renewable Energy Equipment Exports

An Empirical Analysis

  • Henning Diederich

Part of the Schriften zum europäischen Management book series (SEM)

Table of contents

  1. Front Matter
    Pages I-XXVII
  2. Henning Diederich
    Pages 1-18
  3. Henning Diederich
    Pages 61-111
  4. Henning Diederich
    Pages 189-194
  5. Back Matter
    Pages 195-264

About this book


This thesis investigates the connection between environmental regulation, technological innovation, and export competitiveness in renewable energy equipment based on a large sample of 225 developed and developing countries from 1990 to 2012. The empirical analysis yields strong supporting evidence for the narrowly strong Porter Hypothesis as well as for the lead market theory. The results suggest that environmental regulation drives innovation and export volumes in solar- and wind-power-related goods. This is particularly the case for well-crafted (i.e. market-based, output-oriented, and clear) instruments such as carbon trading regimes. Moreover, the data show that early adopters of renewable energy support policies benefit most.


  • Review of the Porter Hypothesis and the related literature
  • Measurement of environmental regulation
  • Environmental regulation and renewable energy innovation
  • Environmental regulation and renewable energy exports

Target Groups

  • Faculty and students with research interest in the fields of environmental economics, resource economics, international economics, and innovation research
  • Practitioners interested in energy and industrial policy, competitiveness enhancement, and renewable energies

The Author

Dr. Henning Diederich completed his doctoral thesis under the supervision of Prof. Dr. Wilhelm Althammer at HHL Leipzig Graduate School of Management. He studied economics and management in Leipzig, Cologne, Bangalore, and San Diego and works as a top management consultant.


Solar power Wind power Global data sample Induced innovation Patent analysis Gravity model of trade

Authors and affiliations

  • Henning Diederich
    • 1
  1. 1.EssenGermany

Bibliographic information

Industry Sectors
Finance, Business & Banking