{"title":"Vertical spillovers and the energy intensity of European industries","authors":"Jaana Rahko","doi":"10.1016/j.eneco.2024.108053","DOIUrl":null,"url":null,"abstract":"<div><div>The prior literature has argued that inter-sectoral supply chain links provide an important channel for technology diffusion and productivity spillovers across industries, but whether such vertical spillovers influence industrial energy use has remained unexplored thus far. This study analyzes how the energy intensity of European industries is affected by vertical technology and energy productivity spillovers along the industrial supply chain. The analysis combines international input-output tables, energy use and patent data. Panel data from 2000 to 2014 for 27 industries in 29 countries is analyzed using panel fixed effects and instrumental variable estimation methods. The findings reveal that supply-use links channel significant vertical spillovers that promote a decline in energy intensity in downstream industries. These spillovers appear to be more strongly associated with overall energy intensity changes in upstream industries and, to some degree, with patented green innovations in upstream industries.</div></div>","PeriodicalId":11665,"journal":{"name":"Energy Economics","volume":"141 ","pages":"Article 108053"},"PeriodicalIF":13.6000,"publicationDate":"2024-11-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Energy Economics","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S014098832400762X","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
The prior literature has argued that inter-sectoral supply chain links provide an important channel for technology diffusion and productivity spillovers across industries, but whether such vertical spillovers influence industrial energy use has remained unexplored thus far. This study analyzes how the energy intensity of European industries is affected by vertical technology and energy productivity spillovers along the industrial supply chain. The analysis combines international input-output tables, energy use and patent data. Panel data from 2000 to 2014 for 27 industries in 29 countries is analyzed using panel fixed effects and instrumental variable estimation methods. The findings reveal that supply-use links channel significant vertical spillovers that promote a decline in energy intensity in downstream industries. These spillovers appear to be more strongly associated with overall energy intensity changes in upstream industries and, to some degree, with patented green innovations in upstream industries.
期刊介绍:
Energy Economics is a field journal that focuses on energy economics and energy finance. It covers various themes including the exploitation, conversion, and use of energy, markets for energy commodities and derivatives, regulation and taxation, forecasting, environment and climate, international trade, development, and monetary policy. The journal welcomes contributions that utilize diverse methods such as experiments, surveys, econometrics, decomposition, simulation models, equilibrium models, optimization models, and analytical models. It publishes a combination of papers employing different methods to explore a wide range of topics. The journal's replication policy encourages the submission of replication studies, wherein researchers reproduce and extend the key results of original studies while explaining any differences. Energy Economics is indexed and abstracted in several databases including Environmental Abstracts, Fuel and Energy Abstracts, Social Sciences Citation Index, GEOBASE, Social & Behavioral Sciences, Journal of Economic Literature, INSPEC, and more.