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Energy consumption and firm characteristics in the Hellenic manufacturing sector

Author

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  • Theodore Papadogonas
  • John Mylonakis
  • Demosthenes Georgopoulos

Abstract

The main purpose of this paper is to present evidence on the relationship between energy consumption and selected firm characteristics in the Hellenic manufacturing industry. Special effort is made to examine the relation of firm energy consumption with some factors designed to reflect firm-level and industry-level characteristics. It is obvious that the paper proposes a microeconomic approach to the relevant questions. The reason is that, although the effects of the macroeconomic activities have been studied satisfactorily in terms of environmental problems, the study at the microeconomic level lags behind. The analysis uses regression models and is performed on a cross-sectional sample of 4,229 firms, classified by manufacturing sector. The results indicate that firms that are more capital intensive are, also, more energy intensive and that the consumption of energy is less in high technology industries. Large firms have an energy cost advantage in relation to smaller firms only in the low energy consuming industries.

Suggested Citation

  • Theodore Papadogonas & John Mylonakis & Demosthenes Georgopoulos, 2007. "Energy consumption and firm characteristics in the Hellenic manufacturing sector," International Journal of Energy Technology and Policy, Inderscience Enterprises Ltd, vol. 5(1), pages 89-96.
    • Handle: RePEc:ids:ijetpo:v:5:y:2007:i:1:p:89-96
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    Citations

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    Cited by:

    1. Santosh K. Sahu & Deepanjali Mehta, 2018. "Determinants Of Energy And Co2 Emission Intensities: A Study Of Manufacturing Firms In India," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 63(02), pages 389-407, March.
    2. Antonios Persakis, 2024. "The impact of climate policy uncertainty on ESG performance, carbon emission intensity and firm performance: evidence from Fortune 1000 firms," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 26(9), pages 24031-24081, September.
    3. Santosh Kumar Sahu & Himani Sharma, 2016. "Productivity, Energy Intensity and Output: A Unit Level Analysis of the Indian Manufacturing Sector," Journal of Quantitative Economics, Springer;The Indian Econometric Society (TIES), vol. 14(2), pages 283-300, December.
    4. Bishwanath Goldar, 2010. "Energy Intensity of Indian Manufacturing Firms: Effect of Energy Prices, Technology and Firm Characteristics," Working Papers id:2483, eSocialSciences.
    5. Sahu, Santosh & Narayanan, K, 2009. "Determinants of Energy Intensity: A Preliminary Investigation of Indian Manufacturing," MPRA Paper 16606, University Library of Munich, Germany.

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