Congratulations to CERE Dr Shanshan Zhang who successfully defended her thesis Energy efficiency and firm performance – Evidence from Swedish Industry, on May 27, 2016. Professor Subal Kumbhakar from Bringhamton University acted as the opponent. The thesis sheds light on how to create energy efficiency, environmental performance and productivity at industrial firm level in the Swedish economic context between years 2000-2008. Main conclusions are that there are considerable potentials to improve the energy efficiency of Swedish industrial firms. The EU ETS and the Swedish carbon dioxide tax do not seem to create any significant energy-saving incentives. This is partly due to the relatively low permit prices. On the other hand, the Swedish energy tax significantly motivated energy efficiency improvements. More to, based on her research, she suggests that there are still several topics left for future research such as compare different functional specifications of the SFA models, combine SFA and DEA model, and by updating the dataset and energy efficiency related analysis.
Full access to Shanshan’s thesis.