Title:
The Impact of Financial Constraints on Biomass Production: A Firm Level Data Analysis
Author(s):
Sica, E., Falcone, P.M., Morone, P., Tartiu, V.E.
Document(s):
Paper
Poster
Abstract:
The present paper investigates the impact of financial constraints on the Italian biomass production by adopting a multi-level perspective approach. In particular, it explores to what extent (i) financial constraints at regime level and (ii) internal barriers at niche level hinder the biomass niche to enter the current fossil fuel based regime. Results highlight that the most critical external barriers which impede the biomass producers in securing finance are uncertainty about government policy and potential investors that do not have sufficient experience in the field of biomass while the most relevant internal barriers are represented by the lack of technical expertise perceived by potential investors and the excessive administrative burden of the Italian system.
Keywords:
biomass production, financial aspects, financing
Topic:
Biomass Policies, Markets and Sustainability
Subtopic:
Markets, Investments & Financing
Event:
22nd European Biomass Conference and Exhibition
Session:
4AV.3.7
Pages:
1506 - 1509
ISBN:
978-88-89407-52-3
Paper DOI:
10.5071/22ndEUBCE2014-4AV.3.7
Price:
FREE
