@article{Dechezlepretre:128199,
      recid = {128199},
      author = {Dechezlepretre, Antoine and Perkins, Richard and Neumayer,  Eric},
      title = {Regulatory Distance and the Transfer of New  Environmentally Sound Technologies: Evidence from the  Automobile Sector},
      address = {2012-05},
      number = {824-2016-54772},
      series = {CCSD},
      pages = {48},
      year = {2012},
      abstract = {This article examines the impact of environmental  regulation within countries as well as regulatory distance  between countries on international technology transfer. We  employ a recently-assembled dataset of automobile emission  standards and corresponding data on non-resident patent  filing of automotive environmentally sound technologies  (ESTs) in 49 countries between 1992 and 2007. Our analysis  shows that an important factor shaping transfers is  relative regulatory distance in that countries are more  likely to receive newly-innovated technologies from source  countries whose regulatory standards are “closer” to their  own. Absolute stringency matters as well, consistent with  conventional wisdom, although raising domestic  environmental standards as such only leads to higher  inflows of ESTs in developing countries. Novel to the  literature, we show that regulatory standards in the third  markets of a country's trading partners also influence  transfers: countries receive more ESTs from a specific  source country where they export more to markets whose  regulatory standards are similar to those of the source  country of the transferred technologies. As concerns both  domestic regulation and regulation in a country’s major  export markets, it is therefore regulatory distance that  matters most rather than absolute regulatory levels.},
      url = {http://ageconsearch.umn.edu/record/128199},
      doi = {https://doi.org/10.22004/ag.econ.128199},
}