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Production of Green Goods is Concentrated in High-tech Industries

Natalia Kuosmanen and Mika Pajarinen

No 124, ETLA Brief from The Research Institute of the Finnish Economy

Abstract: Abstract The production of green goods in Finland’s manufacturing is concentrated within high-tech industries, particularly in the manufacturing of computer, electronic and optical products, as well as electrical equipment. Many firms tend to maintain a consistent portfolio of green products over time. Active expansion of green product portfolios is more common among large and multi-product firms. Furthermore, there is a positive correlation between labor productivity and production of green products. Although the production of green goods constitutes a relatively modest share of Finland’s overall manufacturing output, its role is steadily increasing over time.

Keywords: Environmental goods; Green products; Firm renewal; Manufacturing industries (search for similar items in EconPapers)
JEL-codes: C23 L60 O44 Q54 Q55 Q56 (search for similar items in EconPapers)
Pages: 6 pages
Date: 2023-10-07
New Economics Papers: this item is included in nep-bec, nep-ene, nep-env and nep-ind
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