Green commitment and electricity consumption

Chang-Ri Cui, Jeong-Taek Kim, Sehee Kim, Woo-Jong Lee and Hee-Yeon Sunwoo

Economics Letters, 2022, vol. 214, issue C

Abstract: Based on proprietary data for the electricity consumption of Korean listed firms from 2006 to 2014, we document that the sensitivity of electricity consumption to positive activity changes is lower for firms with greater commitments to environmental responsibility (i.e., green-committed firms). The findings indicate that green-committed firms are indeed more cautious than others about electricity consumption.

Keywords: Electricity consumption; Carbon-emission; Greenwashing (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:214:y:2022:i:c:s0165176522000994

DOI: 10.1016/j.econlet.2022.110452

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