Do Electricity Prices Matter? Plant-Level Evidence from German Manufacturing

Abstract

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Do voluntary environmental programs reduce emissions? EMAS in the German manufacturing sector

“…The ′ dummy is equal to one if the firm was eligible for exemptions from the renewable energy surcharge at year ', which is three years prior to certification year . 9 This way we control for the possibility that eligibility may have encouraged EMAS certification and further incentives for energy saving behavior, or in the case of the EEG exemption, the reverse (Gerster, 2017). We also include the vector of lagged matching covariates ′ to control for remaining variation despite matching.…”

The Impact of Energy Prices on Employment and Environmental Performance: Evidence from French Manufacturing Establishments

“…Partially in contrast with previous studies, their results suggest a positive but insignificant impact of being subject to the CCL on employment, including when accounting for the endogeneity of the tax, but a negative effect on energy intensity is found. Flues and Lutz (2015) and Gerster (2017) both evaluate the impact of a discontinuous change in electricity taxation on the performance of German manufacturing establishments by means of a regression discontinuity design and a fuzzy regression discontinuity design, respectively. In both cases, establishments around the discontinuity did not experience any different performance in terms of gross output, export, employment, value added or investments (see also, von Graevenitz et al, 2017).…”

Energy Prices and their Impact on the Competitiveness of the EU Steel Industry

“…On the basis of data from five segments of the manufacturing industry in 1996-2007, Constantini (2012 proved that energy taxes and subsidies had a neutral or positive impact especially on the exports of high added-value products. In their assessments of the development of employment, production volume, exports and economic performance, Arlinghaus (2015), Flues (2015), Zhang (2004), Gerster (2017) and Wagner (2014) tried to prove that energy prices do not significantly affect competitiveness of enterprises. Other factors determining competitiveness were highlighted by Central European experts in economy, such as Taušer (2015), Fojtíková (2016), Melecký (2013) and others.…”