The project «Semiparametric Modeling of Environmental Regulation, Competitiveness, and Innovation» aims to develop new advanced econometric tools to rigorously assess the effectiveness of environmental policies and their impact on the competitiveness and innovation of European economies and firms.
The objectives are structured into two main areas:
1. Evaluation of environmental policies at the national level
- Design and apply semiparametric and nonparametric methods capable of addressing issues such as endogeneity, cross-sectional dependence, and heterogeneity across countries.
- Analyze the effectiveness of the European Union Emissions Trading System (EU ETS) and other decarbonization policies on CO2 emissions, energy efficiency, and green innovation.
- Study the relationship between economic growth and pollution (Environmental Kuznets Curve) using flexible models that incorporate unobserved common factors.
2. Evaluation of environmental policies at the firm level
- Examine the impact of environmental regulation and R&D policies on firms’ competitiveness and innovation, testing Porter’s Hypothesis.
- Develop robust estimation techniques to address sample selection and cross-sectional depedence problems, applicable to the analysis of eco-innovation and energy efficiency.
- Provide empirical evidence on the effects of public policies and economic incentives in the transition toward sustainable production models.
Overall, the project seeks to strengthen the scientific and methodological foundations for the design of more effective public policies, contributing to an evidence-based ecological and digital transition that fosters sustainability, innovation and competitiveness.