Clean and Productive?
Evidence from the German Manufacturing Industry
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Author / Producer
Date
2008
Publication Type
Working Paper
ETH Bibliography
yes
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Abstract
We analyze the productivity effects of environmental (green) investment as well as of environmental expenditures and energy expenditures. For this purpose, we follow a production function approach where we account for these investment and expenditure categories as inputs. Based on a panel dataset for the German manufacturing industry between 1996 and 2002 we find that both environmental and energy expenditures do not contribute to production growth. In contrast, environmental investment positively impinges upon production growth as a productivity driver. We thus conclude that environmental regulation should stimulate investment in order to be compatible with economic goals such as productivity.
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Publication status
published
Editor
Book title
Journal / series
Volume
08-091
Pages / Article No.
1 - 17
Publisher
ZEW
Event
Edition / version
Methods
Software
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Date collected
Date created
Subject
environmental performance; environmental regulation; productivity
Organisational unit
03635 - Bretschger, Lucas (emeritus) / Bretschger, Lucas (emeritus)
Notes
Date posted: November 29, 2008, Last revised: November 29, 2008.