Entry, growth, and survival in the green industry

Economists are interested in the factors that induce firm entry, lead to growth, and help firms succeed in various markets. Such information can be helpful to policymakers but, unfortunately, such patterns have not been considered for “green industries.” This paper takes advantage of a recent definition of green industries proposed by the Bureau of Labor Statistics to investigate patterns characterizing these industries within the State of Texas. Leveraging the differences between the five sub-categories within the BLS definition, this study attempts to identify the comparative advantage each county has within the green economy