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Production of Green Goods is Concentrated in High-tech Industries

Author

Listed:
  • Kuosmanen, Natalia
  • Pajarinen, Mika

Abstract

The production of green goods in Finland’s manufacturing is concentrated within high-tech industries, particularly in the manufacturing of computer, electronic and optical products, as well as electrical equipment. Many firms tend to maintain a consistent portfolio of green products over time. Active expansion of green product portfolios is more common among large and multi-product firms. Furthermore, there is a positive correlation between labor productivity and production of green products. Although the production of green goods constitutes a relatively modest share of Finland’s overall manufacturing output, its role is steadily increasing over time.

Suggested Citation

  • Kuosmanen, Natalia & Pajarinen, Mika, 2023. "Production of Green Goods is Concentrated in High-tech Industries," ETLA Brief 124, The Research Institute of the Finnish Economy.
    • Handle: RePEc:rif:briefs:124
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    File URL: https://www.etla.fi/wp-content/uploads/ETLA-Muistio-Brief-124.pdf
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    More about this item

    Keywords

    Environmental goods; Green products; Firm renewal; Manufacturing industries;
    All these keywords.

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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