Title:
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Determinants of energy efficiency and renewable energy in European SMEs
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Author:
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Jové Llopis, Elisenda,; Segarra Blasco, Agustí, 1958-
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Other authors:
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Universitat Rovira i Virgili. Departament d'Economia |
Abstract:
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This paper empirically investigates the factors driving the adoption of energy efficiency (EE) and
renewable energy (RE) measures in a sample of 8,213 Small and Medium-Sized Enterprises
(SMEs) in European countries. Using a bivariate probit model we examine their drivers,
complementarities, and potential temporal persistence in three European country clusters (Core
countries, Mediterranean countries and New EU members). Our results suggest that sustainable
energies actions (EE and RE) are highly persistent both at the firm level and across countries and
that there are relevant complementarities between EE and RE practices, as well as other resource
efficient practices. In addition, strategies for EE seem to rely more on cost saving and regulations,
while those for RE are more linked to public support and environmental awareness. This paper
ends with some recommendations for policymakers suggesting that Europe needs to design an
energy policy for the SMEs firms that jointly pursues both EE and the diffusion of RE according
to the technological gap of each member country.
Keywords: energy efficiency, renewable energy, European Union, SMEs firms |
Publication date:
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2018 |
Subject (UDC):
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338 - Situació econòmica. Política econòmica. Gestió, control i planificació de l'economia. Producció. Serveis. Turisme. Preus |
Subject(s):
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Energies renovables -- Unió Europea, Països de la Empreses petites i mitjanes -- Aspectes ambientals -- Unió Europea, Països de la |
Rights:
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L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons: http://creativecommons.org/licenses/by-nc-nd/4.0/ |
Pages:
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36 p. |
Document type:
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Working Paper |
Published by:
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Universitat Rovira i Virgili. Centre de Recerca en Economia Industrial i Economia Pública
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Collection:
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Documents de treball del Departament d'Economia;2018-01
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