6533b852fe1ef96bd12aba42

RESEARCH PRODUCT

Which firms benefit from investments in green energy technologies? : The effect of energy costs

Tobias Stucki

subject

energy technologiesgreen innovationenergiateknologiaenergiakustannuksetfirm productivitytuottavuusekoenergiaenergy inputinvestoinnityrityksetinnovaatiot

description

Firms will invest in green energy technologies only if these investments have an economic payoff. Based on unique firm-level data from Austria, Germany, and Switzerland, we find that the marginal effect of investments in green energy technologies on productivity is positive only for the 19% of firms with the highest energy costs. These results have major implications for companies and policy makers regarding the design of green energy policies and incentives. peerReviewed

http://urn.fi/URN:NBN:fi:jyu-202001161280