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Sustainability
Volume 14
Issue 7
10.3390/su14074031
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Article

Energy Saving in Transition Economies: Environmental Activities in Manufacturing Firms

by
Antonella Biscione
1,*,
Annunziata de Felice
2 and
Teodoro Gallucci
3
1
Department of Bioeconomic Strategies in the European Union and in the Balkans, Catholic University Our Lady of Good Counsel, 1000 Tirana, Albania
2
Department of Law, University of Bari Aldo Moro, 70120 Bari, Italy
3
Department of Economics Management and Business Law, University of Bari Aldo Moro, 70120 Bari, Italy
*
Author to whom correspondence should be addressed.
Sustainability 2022, 14(7), 4031; https://doi.org/10.3390/su14074031
Submission received: 12 February 2022 / Revised: 19 March 2022 / Accepted: 23 March 2022 / Published: 29 March 2022
Review Reports Versions Notes

Abstract

This study seeks to explore the relationship between active environmental activities and energy saving in firms operating in a set of Transition countries. For this purpose, we exploit the enterprise survey data collected by the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB) and the World Bank Group (WBG). Employing a probit regression model, the main finding shows a positive relation between environmental practices and energy saving, controlling several firms’ characteristics such as size, affiliation, credit line, ownership status and age. The results are also confirmed when we perform the robustness check. Interestingly, medium and small firms appear to save more energy than large ones.
Keywords: industrial energy saving; Transition economies; active environmental practices; manufacturing sector industrial energy saving; Transition economies; active environmental practices; manufacturing sector

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MDPI and ACS Style

Biscione, A.; de Felice, A.; Gallucci, T. Energy Saving in Transition Economies: Environmental Activities in Manufacturing Firms. Sustainability 2022, 14, 4031. https://doi.org/10.3390/su14074031

AMA Style

Biscione A, de Felice A, Gallucci T. Energy Saving in Transition Economies: Environmental Activities in Manufacturing Firms. Sustainability. 2022; 14(7):4031. https://doi.org/10.3390/su14074031

Chicago/Turabian Style

Biscione, Antonella, Annunziata de Felice, and Teodoro Gallucci. 2022. "Energy Saving in Transition Economies: Environmental Activities in Manufacturing Firms" Sustainability 14, no. 7: 4031. https://doi.org/10.3390/su14074031

APA Style

Biscione, A., de Felice, A., & Gallucci, T. (2022). Energy Saving in Transition Economies: Environmental Activities in Manufacturing Firms. Sustainability, 14(7), 4031. https://doi.org/10.3390/su14074031

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