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Does Energy Policy Hurt International Competitiveness of Firms? A Comparative Study for Germany, Switzerland and Austria

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This paper investigates the impact of energy policies on the export performance of firms. There has been a long policy debate on potentially negative impacts of cost-increasing energy policies on international competitiveness. We use firm-level data from three countries with similar industry structure but different energy policies: Germany, Switzerland, and Austria. We rely on firm manager assessments on the relevance of energy policy (in terms of taxes, regulations, standards, subsidies and demand stimulation) for their firm operation and link data on the adoption and development of new energy technologies. Regression analyses and matching approaches both show very few impacts of energy policy on export performance, suggesting that either policy impacts on firms’ cost are negligible in the period of study (2012 to 2014) or likely negative impacts are balanced by the adoption of new technology.

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  • Spyros Arvanitis & Sandra Gottschalk & Michael Peneder & Christian Rammer & Tobias Stucki & Martin Wörter, 2016. "Does Energy Policy Hurt International Competitiveness of Firms? A Comparative Study for Germany, Switzerland and Austria," KOF Working papers 16-418, KOF Swiss Economic Institute, ETH Zurich.
  • Handle: RePEc:kof:wpskof:16-418
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    File URL: http://dx.doi.org/10.3929/ethz-a-010749040
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    Cited by:

    1. N. N., 2017. "WIFO-Monatsberichte, no 1/2017," WIFO Monatsberichte (monthly reports), WIFO, vol. 90(1), January.
    2. Elisabeth Christen & Sandra Bilek-Steindl & Christian Glocker & Harald Oberhofer, 2017. "Austria 2025 – Austria's Competitiveness and Export Potentials in Selected Markets," WIFO Monatsberichte (monthly reports), WIFO, vol. 90(1), pages 83-95, January.
    3. Spyros Arvanitis & Michael Peneder & Christian Rammer & Tobias Stucki & Martin Wörter, 2016. "Competitiveness and ecological impacts of green energy technologies: firm-level evidence for the DACH region," KOF Working papers 16-420, KOF Swiss Economic Institute, ETH Zurich.
    4. Horbach, Jens & Rammer, Christian, 2017. "Energy transition in Germany and regional spillovers: What triggers the diffusion of renewable energy in firms?," ZEW Discussion Papers 17-044, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.

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    Keywords

    Energy policy; Technology adoption; Competitiveness; Export; Matching approach;

    JEL classification:

    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F18 - International Economics - - Trade - - - Trade and Environment

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