Environmental investment and firm performance: A network approach

Moriah Bostian, Rolf Färe, Shawna Grosskopf and Tommy Lundgren

Energy Economics, 2016, vol. 57, issue C, 243-255

Abstract: This study examines the role of investment in environmental production practices for both environmental performance and energy efficiency over time. We employ a network DEA approach that links successive production technologies through intertemporal investment decisions with a period by period estimation. This allows us to estimate energy efficiency and environmental performance separately, as well as productivity change and its associated decompositions into efficiency change and technology change. Incorporating a network model also allows us to account for both short-term environmental management practices and long-term environmental investments in each of our productivity measures. We apply this framework to a panel of detailed plant-level production data for Swedish manufacturing firms covering the years 2002–2008.

Keywords: Energy efficiency; Environmental performance; Network DEA; Malmquist index; Investment (search for similar items in EconPapers)
JEL-codes: Q40 Q52 Q55 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (45)

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Working Paper: Environmental investment and firm performance: A network approach (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:eneeco:v:57:y:2016:i:c:p:243-255

DOI: 10.1016/j.eneco.2016.05.013

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