Which firms benefit from investments in green energy technologies? - The effect of energy costs

被引:149
作者
Stucki, Tobias [1 ,2 ]
机构
[1] Univ Jyvaskyla, Jyvaskyla, Finland
[2] Bern Univ Appl Sci, Bern, Switzerland
基金
瑞士国家科学基金会;
关键词
Energy technologies; Green innovation; Energy costs; Energy input; Firm productivity; RESOURCE-BASED VIEW; ENVIRONMENTAL INNOVATIONS; POLICY INSTRUMENTS; EMPIRICAL-ANALYSIS; ECO-INNOVATIONS; DEMAND-PULL; PERFORMANCE; IMPACT; GROWTH; PUSH;
D O I
10.1016/j.respol.2018.09.010
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
Firms will invest in green energy technologies only if these investments have an economic pay-off. Based on unique firm-level data from Austria, Germany, and Switzerland, we find that the marginal effect of investments in green energy technologies on productivity is positive only for the 19% of firms with the highest energy costs. These results have major implications for companies and policy makers regarding the design of green energy policies and incentives.
引用
收藏
页码:546 / 555
页数:10
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