Green Goods in Finland’s Manufacturing

Abstract

This report examines the production of green goods in Finland’s manufacturing sector. Our findings reveal a notable concentration of green products to high-tech industries. While most firms maintain their green product portfolios stable over time, multi-product firms tend to expand their green product portfolios more actively. Large firms stand out with active management of their green goods portfolios, discontinuing some green products while introducing new ones. Additionally, we examine firm characteristics that associate with firms’ engagement in the production of green goods. We find a positive correlation between production of green products and factors such as labor productivity, product diversity, and multi-industry operations.

Publication info

Results of research
Innovation-led Pathways to Economic Growth
Research group
Growth, international trade and competition
Series
ETLA Raportit - Reports 140
Date
07.10.2023
Keywords
Environmental goods, Green products, Firm renewal, Manufacturing industries
ISSN
2323-2447, 2323-2455 (Pdf)
JEL
C23, L60, O44, Q54, Q55, Q56
Pages
12
Language
English