Effectiveness of Business Classification Evaluation System on Energy Conservation (Japanese)

Yasuhiro Yoshikawa, Yohei Kobayashi, Hidefumi Yokoo, Akio Fukai and Sosuke Taguchi

Discussion Papers (Japanese) from Research Institute of Economy, Trade and Industry (RIETI)

Abstract: The Agency for Natural Resources and Energy introduced the "Business Classification Evaluation System" in 2016 to encourage businesses enterprises to conserve energy. In this paper, we empirically analyze the effectiveness of the business classification evaluation system by using periodic report data submitted by business enterprises and our own survey. To reveal the causal effect of the system on corporate behavior for energy conservation, we employ a regression discontinuity design. Our empirical results show that business enterprises whose energy efficiency deteriorates for two consecutive years, improve the efficiency after receiving warning letters from the government.

Pages: 27 pages
Date: 2019-03
New Economics Papers: this item is included in nep-ene
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Persistent link: https://EconPapers.repec.org/RePEc:eti:rdpsjp:19018

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