Production of Green Goods is Concentrated in High-tech Industries

Abstract

The production of green goods in Finland’s manufacturing is concentrated within high-tech industries, particularly in the manufacturing of computer, electronic and optical products, as well as electrical equipment. Many firms tend to maintain a consistent portfolio of green products over time. Active expansion of green product portfolios is more common among large and multi-product firms. Furthermore, there is a positive correlation between labor productivity and production of green products. Although the production of green goods constitutes a relatively modest share of Finland’s overall manufacturing output, its role is steadily increasing over time.

Publication info

Results of research
Innovation-led Pathways to Economic Growth
Research group
Growth, international trade and competition
Series
ETLA Muistio - ETLA Brief 124
Date
07.10.2023
Keywords
Environmental goods, Green products, Firm renewal, Manufacturing industries
ISSN
2323-2463
JEL
C23, L60, O44, Q54, Q55, Q56
Pages
6
Language
Finnish