This study addresses the question with a rigorous econometric approach and distills global results from a multitude of evidence. The data set compiled is unique in its coverage, size, and composition, making it possible to address for the first time methodological problems that have plagued...

Permitting, licensing, and other authorization procedures are an integral part of investing in renewable energy. For private companies, the quality of these procedures can drastically affect transaction costs and project risk. Optimal regimes are tailored to country specifics and depend on the...