Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/179298
Authors: 
Peneder, Michael
Arvanitis, Spyros
Rammer, Christian
Stucki, Tobias
Wörter, Martin
Year of Publication: 
2017
Series/Report no.: 
WIFO Working Papers 544
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.
Subjects: 
Environmental policy
energy efficiency
technology adoption
innovation
Porter hypothesis
JEL: 
Q48
Q55
O13
O25
O33
Document Type: 
Working Paper

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