Na quarta-feira, dia 29 de abril, entre as 13h00 e as 14h00, tem lugar uma sessão dos ISEG Research Seminars. O orador convidado será Olga Chiappinelli.
Os Seminários ISEG Research decorrem semanalmente, às quartas-feiras, contando com a participação de docentes do ISEG, bem como de outras instituições de ensino nacionais e internacionais.
Title
The Greener, the Better? Evidence from Government Contractors
Abstract
Governments support the green transition through green public procurement. Using US data, this paper provides the first empirical analysis of the causal effects of green contracts on corporate greenhouse gas emissions and economic performance. We focus on an affirmative program for sustainable products, which represents one-sixth of the total federal procurement budget, and publicly traded firms, which account for one-third of total US emissions. Our results show that securing green contracts reduces emissions relative to firm size and increases productivity. We find no evidence that the program selects greener firms, nor that green public procurement sales crowd out private sales.
