6533b855fe1ef96bd12b1400
RESEARCH PRODUCT
Which firms benefit from investments in green energy technologies? : The effect of energy costs
Tobias StuckiTobias Stuckisubject
energy technologiesNatural resource economicsStrategy and ManagementEnergy (esotericism)ta1172tuottavuusGreen innovationekoenergiaManagement Science and Operations Research050905 science studies7. Clean energyManagement of Technology and Innovationenergiakustannukset0502 economics and businessenergy inputProductivityta512business.industry05 social sciencesinvestoinnityrityksetRenewable energyinnovaatiotIncentive13. Climate actionenergiateknologiagreen innovationfirm productivityenergy costsBusiness0509 other social sciences050203 business & managementdescription
Abstract Firms will invest in green energy technologies only if these investments have an economic pay-off. 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.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2019-04-01 | Research Policy |