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Competitiveness and Ecological Impacts of Green Energy Technologies. Firm-level Evidence for the DACH Region

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  • Michael Peneder
  • Spyros Arvanitis
  • Christian Rammer
  • Tobias Stucki
  • Martin Wörter

Abstract

For a large sample of enterprises in Germany, Austria and Switzerland (the "DACH" region) we study the impact of policy instruments such as energy-related taxes, subsidies, standards and negotiated agreements, or other regulations on the firm's ecological and economic performance. To identify the causal linkages, we build a system of twelve equations, first tracking the impacts of policy on the adoption of green energy technologies for distinct areas. In a second set of equations, we estimate the perceived impacts of adoption on the firm's energy efficiency, carbon emissions and competitiveness. The results confirm a differentiated pattern of channels through which policy can affect the firm's energy efficiency and carbon emissions, while having a neutral impact on its competitiveness.

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  • Michael Peneder & Spyros Arvanitis & Christian Rammer & Tobias Stucki & Martin Wörter, 2017. "Competitiveness and Ecological Impacts of Green Energy Technologies. Firm-level Evidence for the DACH Region," WIFO Working Papers 544, WIFO.
    • Handle: RePEc:wfo:wpaper:y:2017:i:544
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    2. Antonioli, Davide & Ghisetti, Claudia & Mazzanti, Massimiliano & Nicolli, Francesco, 2022. "The economic returns of circular economy practices," FEEM Working Papers 319761, Fondazione Eni Enrico Mattei (FEEM).

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    Environmental policy; energy efficiency; technology adoption; innovation; Porter hypothesis;
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