气候变化领域集成服务门户(CCPortal): When good managers face bad incentives: Management quality and fuel intensity in the presence of price distortions

CCPortal

DOI	10.1016/j.enpol.2022.112827
	When good managers face bad incentives: Management quality and fuel intensity in the presence of price distortions
	Schweiger H.; Stepanov A.
发表日期	2022
ISSN	0301-4215
卷号	164
英文摘要	We use unique firm-level data on management practices and fuel expenditures in about 2000 manufacturing firms in central and eastern Europe, Central Asia, and Middle East and North Africa to examine how the quality of management practices relates to the fuel intensity of firms in the presence of fossil fuel subsidies. We use country- and country-sector-level measures of fossil fuel subsidies and distinguish between those that include externalities and those that do not. We find that better managed firms respond to the incentives and increase their fuel intensity if the difference between the supply cost and the consumer price of fuel is relatively large. This is particularly relevant for firms in high energy-intensive sectors. However, in the presence of environmental costs in the form of global warming and local pollution all types of firms tend to reduce their fuel intensity. Findings suggest that the combined effect of these two forces is not statistically distinguishable from zero overall. In high energy-intensive sectors, the polluting effect of fossil fuel subsidies prevails. © 2022 Elsevier Ltd
英文关键词	Energy intensity; Firm behaviour; Fossil fuel subsidies; Management practices
语种	英语
scopus关键词	Global warming; Central and Eastern Europe; Central Asia; Energy intensity; Energy-intensive sectors; Firm behavior; Fossil fuel subsidy; Fuel intensities; Management practises; Management quality; Manufacturing firms; Fossil fuels
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/256277
作者单位	European Bank for Reconstruction and Development (EBRD), London, EC2A 2JN, United Kingdom
推荐引用方式 GB/T 7714	Schweiger H.,Stepanov A.. When good managers face bad incentives: Management quality and fuel intensity in the presence of price distortions[J],2022,164.
APA	Schweiger H.,&Stepanov A..(2022).When good managers face bad incentives: Management quality and fuel intensity in the presence of price distortions.Energy Policy,164.
MLA	Schweiger H.,et al."When good managers face bad incentives: Management quality and fuel intensity in the presence of price distortions".Energy Policy 164(2022).