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Title:
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Energy efficiency determinants: An empirical analysis of Spanish innovative firms
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Author:
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Costa, M. Teresa (Maria Teresa), 1951-; García, José, 1963-; Segarra Blasco, Agustí, 1958-
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Other authors:
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Universitat Rovira i Virgili. Departament d'Economia; Universitat Rovira i Virgili. Centre de Recerca en Economia Industrial i Economia Pública |
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Abstract:
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This paper examines the extent to which innovative Spanish firms pursue improvements in
energy efficiency (EE) as an objective of innovation. The increase in energy consumption and its
impact on greenhouse gas emissions justifies the greater attention being paid to energy
efficiency and especially to industrial EE. The ability of manufacturing companies to innovate
and improve their EE has a substantial influence on attaining objectives regarding climate
change mitigation. Despite the effort to design more efficient energy policies, the EE
determinants in manufacturing firms have been little studied in the empirical literature. From
an exhaustive sample of Spanish manufacturing firms and using a logit model, we examine the
energy efficiency determinants for those firms that have innovated. To carry out the
econometric analysis, we use panel data from the Community Innovation Survey for the period
2008‐2011. Our empirical results underline the role of size among the characteristics of firms
that facilitate energy efficiency innovation. Regarding company behaviour, firms that consider
the reduction of environmental impacts to be an important objective of innovation and that
have introduced organisational innovations are more likely to innovate with the objective of
increasing energy efficiency.
Keywords: energy efficiency, corporate targets, innovation, Community Innovation Survey.
JEL Classification: Q40, Q55, O31 |
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Publication date:
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2015 |
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Subject (UDC):
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33 - Economia
504 - Ciències del medi ambient |
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Subject(s):
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Energia
Economia ambiental
Tecnologia -- Innovacions
Empreses -- Espanya -- Aspectes ambientals |
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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/3.0/es/ |
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Pages:
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35 p. |
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Document type:
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Working Paper |
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Published by:
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Universitat Rovira i Virgili. Departament d'Economia
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Collection:
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Documents de treball del Departament d'Economia;2015-13
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