Does energy policy hurt international competitiveness of firms? A comparative study for Germany, Switzerland and Austria

Rammer, Christian; Gottschalk, Sandra; Peneder, Michael; Wörter, Martin; Stucki, Tobias; Arvanitis, Spyros (2017). Does energy policy hurt international competitiveness of firms? A comparative study for Germany, Switzerland and Austria Energy Policy, 109, pp. 154-180. 10.1016/j.enpol.2017.06.062

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This paper investigates the impact of energy policies on the export performance of firms. There has been a long policy debate on potentially negative impacts of cost-increasing energy policies on international competitiveness. We use firm-level data from three countries with similar industry structure but different energy policies: Germany, Switzerland, and Austria. We rely on firm manager assessments on the relevance of energy policy (in terms of taxes, regulations, standards, subsidies and demand stimulation) for their firm operation and link data on adoption and development of new energy technologies. Regression analyses and matching approaches both show very few impacts of energy policy on export performance, suggesting that either policy impacts on firms’ cost are negligible in the period of study 2012–2014) or likely negative impacts are balanced by the adoption of new technology.

Item Type:	Journal Article (Original Article)
Division/Institute:	Business School > Institute for Sustainable Business Business School
Name:	Rammer, Christian; Gottschalk, Sandra; Peneder, Michael; Wörter, Martin; Stucki, Tobias0000-0002-2400-0107 and Arvanitis, Spyros
ISSN:	03014215
Language:	English
Submitter:	Tobias Stucki
Date Deposited:	29 Jan 2019 09:25
Last Modified:	18 Dec 2020 13:27
Publisher DOI:	10.1016/j.enpol.2017.06.062
Uncontrolled Keywords:	Competitiveness, Energy policy, Export,Matching approach, Technology adoption
ARBOR DOI:	10.24451/arbor.73
URI:	https://arbor.bfh.ch/id/eprint/73