The short-term costs of local content requirements in the Indian solar auctions

The short-term costs of local content requirements in the Indian solar auctions
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DOI:
10.1038/s41560-020-0677-7
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发表时间:
2020-08
期刊:
影响因子:
56.7
通讯作者:
Benedict Probst;Vasilios Anatolitis;A. Kontoleon;L. D. Anadón
Benedict Probst;Vasilios Anatolitis;A. Kontoleon;L. D. Anadón
中科院分区:
材料科学1区
文献类型:
--
作者:
Benedict Probst;Vasilios Anatolitis;A. Kontoleon;L. D. Anadón

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发展中国家和新兴经济体正在实施当地含量要求,以刺激国内制造业,尽管其成本和效益尚不清楚,也难以量化。在这里,我们提供了一个经验评估的短期成本的本地内容的要求,使用一个可信的反事实。我们分析了2014年至2017年在印度举行的政府运营的太阳能光伏拍卖的数据,并利用了并非所有拍卖合同都需要本地内容要求的事实。我们发现,当地含量要求政策导致这些项目产生的太阳能光伏发电成本每千瓦时增加约6%,与不受相同的当地含量要求政策影响的类似项目相比。在这三年的时间里,印度太阳能电池板的价格仍然比国际太阳能电池板贵14%左右。我们发现了国内制造能力短期增长的一些证据,但在这段短暂的时期内,印度公司并没有增加市场份额或打入出口市场。
Developing and emerging economies are implementing local content requirements to spur domestic manufacturing, though their costs and benefits are not well understood and difficult to quantify. Here, we provide an empirical assessment of the short-term costs of local content requirements using a credible counterfactual. We analyse data on government-run solar photovoltaic auctions held in India between 2014 and 2017 and exploit the fact that not all of the auctioned contracts entailed local content requirements. We find that local content requirement policies resulted in a ~6% per kWh increase in the cost of solar photovoltaic power generated from those projects when compared to similar projects not subject to the same local content requirement policy. During this three-year time period, Indian solar panels remained around 14% more expensive than international panels. We found some evidence of short-term increases in domestic manufacturing capacity, yet during this short period Indian firms did not increase market share or break into export markets.