DOI: 10.1016/j.enpol.2021.112415
论文题名: Energy efficiency-enhancing policies and firm performance: Evidence from the paper and glass industries in Italy
作者: Caragliu A.
刊名: Energy Policy
ISSN: 03014215
出版年: 2021
卷: 156 语种: 英语
中文关键词: Energy efficiency
; Firm productivity
; Geographical proximity
; Relational proximity
; Social proximity
; Spatial spillovers
; Technological proximity
英文关键词: Energy efficiency
; Glass
; Energy
; Firm Performance
; Firm productivity
; Geographical proximity
; Italian companies
; Relational proximity
; Social proximity
; Spatial spillover
; Technological proximity
; White certificates
; Productivity
; efficiency measurement
; energy efficiency
; energy policy
; environmental economics
; industrial location
; industrial performance
; industrial production
; profitability
; secondary sector industry
; spillover effect
; Efficiency
; Energy
; Glass
; Impact
; Italy
; Paper
; Performance
; Productivity
; Italy
英文摘要: This paper presents an empirical analysis of the impact of adopting energy efficiency measures, labeled “White Certificates”, on the economic performance of companies active in the paper and glass sector in Italy. White Certificates, launched in 2005, represent the longest-lasting and effective policy tool to stimulate energy efficiency, in particular for the manufacturing industry. My analyses exploit financial statements of Italian companies available from the AIDA (Computerized Analysis of Italian Companies) database with the aim to quantify the impact of these measures on the performance of firms in the two industries. The impact of energy efficiency policies is assessed on both productivity and profitability, and the effect is broken down into direct and indirect impacts, obtained by calculating spatial lags of energy efficiency support based on geographical as well social, relational, and technological proximity matrices. Results: suggest the existence of a positive and significant association between White Certificates and firm performance. This effect is fostered when support also goes to other firms that are relationally, socially, and technologically close to treated firms. Instead, no synergy between social, relational, and technological connectivity and the geographical co-location of firms is found. © 2021 Elsevier Ltd Citation statistics:
资源类型: 期刊论文
标识符: http://119.78.100.158/handle/2HF3EXSE/167708
Appears in Collections: 气候变化与战略
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作者单位: Politecnico di Milano, ABC Department, Piazza Leonardo da Vinci, 32, BLD 5, 20133, Milan, MI, Italy
Recommended Citation:
Caragliu A.. Energy efficiency-enhancing policies and firm performance: Evidence from the paper and glass industries in Italy[J]. Energy Policy,2021-01-01,156