Industrial Investments in Energy Efficiency: A Good Idea? /

Saved in:

Bibliographic Details
Author / Creator:	Li, Jialin, author.
Imprint:	2017. Ann Arbor : ProQuest Dissertations & Theses, 2017
Description:	1 electronic resource (79 pages)
Language:	English
Format:	E-Resource Dissertations
Local Note:	School code: 0330
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/11715009

Hidden Bibliographic Details
Other authors / contributors:	University of Chicago. degree granting institution.
ISBN:	9780355076561
Notes:	Advisors: Steven J. Davis Committee members: Michael Greenstone; Ali Hortascu. Dissertation Abstracts International, Volume: 78-12(E), Section: A. English
Summary:	Industrial investment in energy efficiency could harm adopting plant's long term performance. Although total energy spending decreases, energy cost per output increases 20% after investment, along with 8% productivity decline. These are the main conclusions we reach by conducting the first large-scale study on cogeneration technology adoption---a prominent form of energy-saving investments---in the U.S. manufacturing sector, using a sample that runs from 1982 to 2010 and drawing on multiple data sources from the U.S. Census Bureau and the U.S. Energy Information Administration. Our baseline results using difference-in-difference and a series of event studies are robust across specifications, with nonparametric matching, and IV strategies.

Similar Items