SLIDE 23 Simultaneous Equations Model (3SLS –REG3) (Shrader et al., 2000; Gulati & Sytch, 2007)
- 1999-2008
- Variables - Policy (RPS and Incentives), Firm Foundings, MW
Wind Capacity, Environmental SMOs & Clean Energy SMOs (NCCS)
- Controls - Legislature Political Party, Electricity Regulation, Wind
Company Density, Wind Potential, LCV score, Median Income, MW Power Capacity, Education
- Variety of Instruments employed in each equation – Other SMOs
revenues (Clean energy SMOs), Wind energy policy (State revenues), Wind energy capacity (# Local utilities) , USGBC (Wind visibility)
Data and Methods