Please use this identifier to cite or link to this item:
Full metadata record
DC FieldValueLanguage
dc.contributor.authorKostka, Geniaen_US
dc.contributor.authorMoslener, Ulfen_US
dc.contributor.authorAndreas, Jan G.en_US
dc.description.abstractThis paper analyzes barriers for energy efficiency investments for small-and medium-sized enterprises (SMEs) in China. Based on a survey of 480 SMEs in Zhejiang Province, this study assesses financial, informational, and organizational barriers for energy efficiency investments in the SME sector. The conventional view has been that the lack of appropriate financing mechanisms particularly hinders SMEs to adopt cost-effective energy efficiency measures. As such, closing the financing gap for SMEs is seen as a prerequisite in order to promote energy efficiency in the sector. The econometric estimates of this study, however, suggest that access to information is an important determinant of investment outcomes, while this is less clear with respect to financial and organizational factors. More than 40 percent of enterprises in the sample declared that that they are not aware of energy saving equipments or practices in their respective business area, indicating that there are high transaction costs for SMEs to gather, assess, and apply information about energy saving potentials and relevant technologies. One implication is that the Chinese government may assume an active role in fostering the dissemination of energy-efficiency related information in the SME sector.en_US
dc.publisher|aFrankfurt School of Finance & Management |cFrankfurt, M.en_US
dc.relation.ispartofseries|aWorking paper series // Frankfurt School of Finance & Management |x178en_US
dc.subject.keywordenergy efficiencyen_US
dc.subject.keywordenergy policiesen_US
dc.subject.keywordinformation accessen_US
dc.titleBarriers to energy efficiency improvement: Empirical evidence from small-and-medium sized enterprises in Chinaen_US
dc.typeWorking Paperen_US

Files in This Item:
296.47 kB

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.