The effects of energy prices on firm competitiveness in Chile
Switching Chilean firms to more sustainable production is critical to realising the country’s ambition of carbon neutrality by 2050.
In the blog post The effects of energy prices on firm competitiveness in Chile, we analyse the effect of energy price increases on firm-level productivity in Chile:
Firms are key to addressing Chile’s sustainability challenges and realizing its ambition of carbon neutrality by 2050. Switching to more sustainable production is essential to reducing vulnerability to environmental shocks and developing new areas of comparative advantage. In a recent working paper, we illustrate minimal trade-offs between productivity and energy prices, and a positive relationship between productivity and investments with fossil fuel prices.
Please click here to read the complete article.
La versión en español está disponible aquí.
More information on the corresponding working paper The Effects of Energy Prices on Firm Competitiveness: Evidence from Chile is available here and at the World Bank Policy Research Working Papers portal.
Juergen AMANN
Economist
Juergen’s main research interests are applied econometrics, environmental economics, industrial development, input-output analysis and structural change.