{"title":"Varieties of capitalism and renewable energy in emerging and developing economies","authors":"T. Benney","doi":"10.1080/17487870.2019.1637584","DOIUrl":null,"url":null,"abstract":"ABSTRACT To better understand renewable energy uptake in emergingeconomies, we develop a typology of capitalism for 54 middle-income countries and use Qualitative Comparative Analysis (QCA) to test the Varieties of Capitalism (VoC) theory to illustrate which type of capitalism produced successful or unsuccessful renewables projects in these states. We find that even when the VoC approach is properly specified for developing states, it only explains about 44% of the outcome. Despite this, four causal pathways of combined economic institutions from the VoC theory were found to be sufficient for explaining this phenomenon, but liberal institutions performed poorly in each case.","PeriodicalId":51737,"journal":{"name":"Journal of Economic Policy Reform","volume":"24 1","pages":"413 - 438"},"PeriodicalIF":3.3000,"publicationDate":"2019-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/17487870.2019.1637584","citationCount":"11","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Economic Policy Reform","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1080/17487870.2019.1637584","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"DEVELOPMENT STUDIES","Score":null,"Total":0}
引用次数: 11
Abstract
ABSTRACT To better understand renewable energy uptake in emergingeconomies, we develop a typology of capitalism for 54 middle-income countries and use Qualitative Comparative Analysis (QCA) to test the Varieties of Capitalism (VoC) theory to illustrate which type of capitalism produced successful or unsuccessful renewables projects in these states. We find that even when the VoC approach is properly specified for developing states, it only explains about 44% of the outcome. Despite this, four causal pathways of combined economic institutions from the VoC theory were found to be sufficient for explaining this phenomenon, but liberal institutions performed poorly in each case.
期刊介绍：
The Journal of Economic Policy Reform focuses on the analysis of economic policy reform. The journal draws upon what lessons can be learned from the successes and failures of countries undertaking reforms and how existing theories can be developed to shed light on positive as well as normative aspects of the reform process. The Journal of Economic Policy Reform encourages work from economists and political economy analysts on policies to promote growth and reduce poverty, intellectual property rights, aid versus trade, debt and debt relief, taxation and social security systems, surveys of key reform issues, as well as on corruption, democracy, emerging markets and the role of multilateral institutions.
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