Labour productivity and development of carbon competitiveness industry-level evidence from Europe

Bericht

A drastic decline in global greenhouse gas (GHG) emissions is needed to stop the climate change. This requires a variety of political and market mechanisms. Europe is globally at the forefront among the industrialised countries in reducing its GHG emissions. We analyse the development of emission intensities - GHG emissions relative to value added produced - and use a panel data to further our understanding of their evolution at the level of industries in 2008-2020 in Europe. We find that labour productivity is negatively associated with changes in GHG-emission intensities. Furthermore, higher investments, higher carbon prices within the ETS mechanism, and higher environmental taxes are associated with lower GHG-emission intensities. Consequently, policies that promote productivity growth and financial incentives to decrease emissions lead to lower emissions. Finland's carbon competitiveness, as measured by relative GHG-emission intensities, varies by industries.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: ETLA Report ; No. 139

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models ; Environment and Growth ; Climate; Natural Disasters and Their Management; Global Warming ; Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
• Thema: Greenhouse gas emissions (GHG) ; GHG-intensity ; Carbon competitiveness ; Productivity ; ETS

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Ville, Kaitila
• Ereignis: Veröffentlichung
• (wer): The Research Institute of the Finnish Economy (ETLA)
• (wo): Helsinki
• (wann): 2023

Weitere Informationen

• Handle: http://hdl.handle.net/10419/274233
• Letzte Aktualisierung: 2025-03-10T11:43:23+0100