| 来源类型 | FEEM working papers "Note di lavoro" series |
| 规范类型 | 论文 |
| The Relationship Between Environmental Efficiency and Manufacturing Firm's Growth | |
| Massimiliano Mazzanti; Giulio Cainelli; Roberto Zoboli | |
| 发表日期 | 2008 |
| 出处 | Climate Change and Sustainable Development |
| 出版年 | 2008 |
| 语种 | 英语 |
| 摘要 | This paper investigates the empirical link between emission intensity and economic growth, using a very large data set of 61,219 Italian manufacturing firms over the period 2000-2004. As a measure of lagged environmental performance (efficiency) at firm level we exploit NAMEA sector for CO2, NOx, SOx data over 1990-1999. The paper tests the extent to which (past) environmental efficiency/intensity, which is driven by structural features and firm strategic actions, including responses to policies, influences firms growth. Our results show, first, a typical trade off generally appearing for the three core environmental emissions we analyse: lower environmentally efficiency in the recent past allows higher degrees of freedom to firms and relax the constraints for growth, at least in this short/medium term scenario. Nevertheless, the size of the estimated coefficients is not large. Trade offs are significant for two emission indicators out of two, but quite negligible in terms of impacts, besides the case of CO2. For example, growth is reduced by far less than 0.1% in association to a 1% increase of environmental efficiency. In addition, non-linearity seems to characterise the economic growth-environmental performance relationship. Signals of inverted U shape appear: this may be a signal that both firm strategies and recent policy efforts are affecting the dynamic relationship between environmental efficiency and economic productivity, turning it from an usual trade off to a possible joint complementary/co-dynamics. |
| 特色分类 | C23,D21,O32,Q55 |
| 关键词 | Firm Growth,Manufacturing,Emission Intensity,Economic Performance,Environmental Performance |
| URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/the-relationship-between-environmental-efficiency-and-manufacturing-firm-s-growth/ |
| 来源智库 | Fondazione Eni Enrico Mattei (Italy) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/117623 |
| 推荐引用方式 GB/T 7714 | Massimiliano Mazzanti,Giulio Cainelli,Roberto Zoboli. The Relationship Between Environmental Efficiency and Manufacturing Firm's Growth. 2008. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| NDL2008-099.pdf（571KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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