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


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URL: https://ub-madoc.bib.uni-mannheim.de/41564
URN: urn:nbn:de:bsz:180-madoc-415642
Document Type: Working paper
Year of publication: 2016
The title of a journal, publication series: ZEW Discussion Papers
Volume: 16-075
Place of publication: Mannheim
Publication language: English
Institution: Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
MADOC publication series: Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Subject: 330 Economics
Classification: JEL: O33 , Q48 , Q55 , F14 , F18,
Keywords (English): Energy policy , technology adoption , competitiveness , export , matching approach
Abstract: 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 the 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 to 2014) or likely negative impacts are balanced by the adoption of new technology.




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