Energy intensity and firm growth
Wooyoung Park and
Energy Economics, 2017, vol. 65, issue C, 399-410
Using micro-level data, we attempt to identify the causal relationship between improvement (decline) in energy intensity and firm growth in six countries, namely, France, Germany, Japan, Korea, the U.K., and the U.S., and 21 manufacturing industries during the period 1991 to 2005. We run a panel regression of firm growth using the inverse of a country- and industry-specific relative energy intensity (REI) measure with the corresponding industrial sector in the reference case (the U.S. industry) in addition to the inverse of the traditional energy intensity measure (EI) after controlling several firm, industry, and country variables.
Keywords: Energy intensity; Economic growth; Firm growth (search for similar items in EconPapers)
JEL-codes: D24 O13 Q43 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:eneeco:v:65:y:2017:i:c:p:399-410
Access Statistics for this article
Energy Economics is currently edited by R. S. J. Tol, Beng Ang, Lance Bachmeier, Perry Sadorsky, Ugur Soytas and J. P. Weyant
More articles in Energy Economics from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().