A Cross Sectional Analysis of Clean Technology Winners by Country and Industry
13 Pages Posted: 31 Jan 2013
Date Written: January 30, 2013
This paper looks at the performance of clean technology firms over the last five years, utilizing a sample of companies comprised of 508 firms in 34 countries. We look at which countries have the highest performance based on stock returns and industry performance relative to the Russell 2000 index. In terms of future growth, we look at capital expenditures, investments in research and development, and financial position. Thus, the paper indicates what industries are performing well today, as well as which industries are promising tomorrow and which countries have a comparative advantage in which areas of clean technology.
Keywords: clean technology, environment, stock performance
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