Environmental Products Manufacturing: A Look inside the Green Industry
AbstractThe green industry is often noted in discussions of the costs and benefits of environmental policy, and it has been characterized as a unique industry with substantial potential for employment growth, well-paying green jobs, and export opportunities. In this paper, we examine the characteristics and recent economic performance of the green industry, using establishment-level data on environmental products manufacturers (EPMs) from the 1995 Survey of Environmental Products and Services, together with data from the Annual Survey of Manufactures and the Census of Manufactures. Results suggest that there are some differences between EPMs and their non-EPM counterparts in the same industry, in terms of employment, employee compensation, exports, and productivity. However, we do not find any evidence that EPMs performed any better than otherwise similar plants, in terms of survival, employment growth, wage growth, and export growth. We suggest that the green industry (as defined here) may not be as exceptional as is sometimes maintained.
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Bibliographic InfoArticle provided by De Gruyter in its journal The B.E. Journal of Economic Analysis & Policy.
Volume (Year): 9 (2009)
Issue (Month): 1 (March)
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Web page: http://www.degruyter.com
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- Sam Fankhauser & Alex Bowen & Raphael Calel & Antoine Dechezleprêtre & David Grover & James Rydge & Misato Sato, 2012.
"Who will win the green race? In search of environmental competitiveness and innovation,"
Grantham Research Institute on Climate Change and the Environment Working Papers
94, Grantham Research Institute on Climate Change and the Environment.
- Samuel Fankhauser & Alex Bowen & Raphael Calel & Antoine Dechezlepretre & David Grover & James Rydge & Misato Sato, 2013. "Who will win the green race? In search of environmental competitiveness and innovation," LSE Research Online Documents on Economics 50962, London School of Economics and Political Science, LSE Library.
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