Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/148983 
Year of Publication: 
2016
Series/Report no.: 
KOF Working Papers No. 420
Publisher: 
ETH Zurich, KOF Swiss Economic Institute, Zurich
Abstract: 
For a large sample of enterprises in Germany, Austria and Switzerland (the "DACH"region) we study the impact of various policy instruments, such as energy related taxes, subsidies, regulations and standards or negotiated agreements on the firm's ecological and economic performance. To identify the causal linkages, we build a system of twelve equations, tracking first 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 (i) energy efficiency, (ii) carbon emissions and (iii) competitiveness. The results confirm a differentiated pattern of channels for policy to affect the firm's energy efficiency and carbon emissions, while having a neutral impact on its competitiveness.
Subjects: 
Environmental policy
energy policy
technology adoption
innovation
Porter hypothesis
JEL: 
Q48
Q55
O13
O25
O33
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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