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Clean and productive? Empirical evidence from the German manufacturing industry

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  • Böhringer, Christoph
  • Moslener, Ulf
  • Oberndorfer, Ulrich
  • Ziegler, Andreas

Abstract

In view of the controversial policy debate on “green” growth and corresponding stimulus packages we empirically investigate the production effects of environmental investment as well as of environmental and energy expenditures. Using a panel dataset of German manufacturing sectors our econometric analysis identifies a positive impact of environmental investment on production growth. In contrast, our estimation results cannot support the hypothesis of positive production impacts induced by environmental or energy expenditures. We thus conclude that environmental regulation should in particular stimulate environmental investment in order to be compatible with the pursuit of production growth.

Suggested Citation

  • Böhringer, Christoph & Moslener, Ulf & Oberndorfer, Ulrich & Ziegler, Andreas, 2012. "Clean and productive? Empirical evidence from the German manufacturing industry," Research Policy, Elsevier, vol. 41(2), pages 442-451.
  • Handle: RePEc:eee:respol:v:41:y:2012:i:2:p:442-451
    DOI: 10.1016/j.respol.2011.10.004
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    References listed on IDEAS

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    Cited by:

    1. Schaffrin, André & Reibling, Nadine, 2015. "Household energy and climate mitigation policies: Investigating energy practices in the housing sector," Energy Policy, Elsevier, vol. 77(C), pages 1-10.
    2. Shapira, Philip & Gök, Abdullah & Klochikhin, Evgeny & Sensier, Marianne, 2014. "Probing “green” industry enterprises in the UK: A new identification approach," Technological Forecasting and Social Change, Elsevier, vol. 85(C), pages 93-104.
    3. Fujii, Hidemichi & Iwata, Kazuyuki & Kaneko, Shinji & Managi, Shunsuke, 2012. "Corporate environmental and economic performances of Japanese manufacturing firms: Empirical study for sustainable development," MPRA Paper 39564, University Library of Munich, Germany.
    4. repec:eee:tefoso:v:120:y:2017:i:c:p:223-231 is not listed on IDEAS
    5. Amandine Pinget & Rachel Bocquet & Caroline Mothe, 2015. "Barriers to Environmental Innovation in SMEs: Empirical Evidence from French Firms," Post-Print hal-01300837, HAL.
    6. repec:prp:uppmos:978-961-7023-53-4 is not listed on IDEAS
    7. Brundage, Michael P. & Chang, Qing & Zou, Jing & Li, Yang & Arinez, Jorge & Xiao, Guoxian, 2015. "Energy economics in the manufacturing industry: A return on investment strategy," Energy, Elsevier, vol. 93(P2), pages 1426-1435.

    More about this item

    Keywords

    Environmental expenditures; Environmental investment; Environmental regulation;

    JEL classification:

    • Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity

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