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| DOI | 10.1016/j.enpol.2021.112415 |
| Energy efficiency-enhancing policies and firm performance: Evidence from the paper and glass industries in Italy | |
| Caragliu A. | |
| 发表日期 | 2021 |
| ISSN | 03014215 |
| 卷号 | 156 |
| 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 |
| 关键词 | Energy efficiencyFirm productivityGeographical proximityRelational proximitySocial proximitySpatial spilloversTechnological 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 |
| 语种 | 英语 |
| 来源期刊 | Energy Policy
 |
| 文献类型 | 期刊论文 |
| 条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/205032 |
| 作者单位 | Politecnico di Milano, ABC Department, Piazza Leonardo da Vinci, 32, BLD 5, 20133, Milan, MI, Italy |
| 推荐引用方式 GB/T 7714 | Caragliu A.. Energy efficiency-enhancing policies and firm performance: Evidence from the paper and glass industries in Italy[J],2021,156. |
| APA | Caragliu A..(2021).Energy efficiency-enhancing policies and firm performance: Evidence from the paper and glass industries in Italy.Energy Policy,156. |
| MLA | Caragliu A.."Energy efficiency-enhancing policies and firm performance: Evidence from the paper and glass industries in Italy".Energy Policy 156(2021). |
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