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Economic Costs and Consequences of Environmental Regulation

Economic Costs and Consequences of Environmental Regulation PDF Author: Wayne B Gray
Publisher: Taylor & Francis
ISBN: 1351741837
Category : Business & Economics
Languages : en
Pages : 482

Book Description
This title was first published in 2002. How expensive is environmental regulation and how does it affect the economy? A proper understanding of the costs imposed by environmental regulation is important for policy-makers and others concerned with regulatory design. This book focuses on empirical studies of the impact of environmental regulation on the economy, exposing the reader to a variety of estimation methodologies and datasets that have been used in this area. Three basic sources provide information on the costs of environmental regulation: surveys; engineering studies; and econometric analysis. This text draws on all three in its investigation.

Economic Costs and Consequences of Environmental Regulation

Economic Costs and Consequences of Environmental Regulation PDF Author: Wayne B Gray
Publisher: Taylor & Francis
ISBN: 1351741837
Category : Business & Economics
Languages : en
Pages : 482

Book Description
This title was first published in 2002. How expensive is environmental regulation and how does it affect the economy? A proper understanding of the costs imposed by environmental regulation is important for policy-makers and others concerned with regulatory design. This book focuses on empirical studies of the impact of environmental regulation on the economy, exposing the reader to a variety of estimation methodologies and datasets that have been used in this area. Three basic sources provide information on the costs of environmental regulation: surveys; engineering studies; and econometric analysis. This text draws on all three in its investigation.

Environmental Regulation

Environmental Regulation PDF Author: John F. McEldowney
Publisher:
ISBN: 9780857938206
Category : Environmental law
Languages : en
Pages : 0

Book Description
Featuring an original introduction by the editors, this important collection of essays explores the main issues surrounding the regulation of the environment. The expert contributors illustrate that regulating the environment in the UK is conceptually complex, involves a diverse range of institutions, techniques and methodologies and crosses geographical and national boundaries. In the USA it is more formalised, juridical, adversarial and formally dependent upon legal rules. The articles highlight the fact that despite differences in the UK and the USA's regulatory styles, environmental regulation today has much in common with both traditions.

Environmental Regulation and Productivity Growth in the Euro Area

Environmental Regulation and Productivity Growth in the Euro Area PDF Author:
Publisher:
ISBN: 9789289960830
Category :
Languages : en
Pages : 0

Book Description
This paper analyses the impact of changes in environmental regulations on productivity growth at country- and firm-level. We exploit several data sources and the environmental policy stringency index, to evaluate the Porter hypothesis, according to which firms' productivity can benefit from more stringent environmental policies. By using panel local projections, we estimate the regulatory impact over a five-year horizon. The identification of causal impacts of regulatory changes is achieved by the estimation of firms' CO2 emissions via a machine learning algorithm. At country- and firm-level, policy tightening affects highpolluters' productivity negatively and stronger than their less-polluting peers. However, among high-polluting firms, large ones experience positive total factor productivity growth due to easier access to finance and greater innovativeness. Hence, we do not find support for the Porter hypothesis in general. However for technology support policies and firms with the required resources, policy tightening can enhance productivity.

Environmental Regulation and Manufacturing Productivity at the Plant Level

Environmental Regulation and Manufacturing Productivity at the Plant Level PDF Author: Wayne B. Gray
Publisher:
ISBN:
Category : Environmental law
Languages : en
Pages : 52

Book Description
We analyze the connection between productivity, pollution abatement expenditures, and other measures of environmental regulation for plants in three industries (paper, oil, and steel). We examine data from 1979 to 1985, considering, both labor and total factor productivity, both levels and growth rates, and both annual measures and averages over the period. We find a strong connection between regulation and productivity when regulation is measured by compliance costs. More regulated plants have significantly lower productivity levels and slower productivity growth rates than less regulated plants. The magnitude of the impacts are larger than expected: a $1 increase in compliance costs appears to reduce TFP by the equivalent of $3 to $4. Thus, commonly used methods of calculating the impact of regulation on productivity are substantially underestimated. Other measures of regulation (compliance status, enforcement activity, and emissions) show much less consistent results. Higher enforcement, lower compliance, and higher emissions are generally associated with lower productivity levels and slower productivity growth, but the coefficients are rarely significant.

A Comparison of the Effects of Environmental Regulation on Productivity Growth in the United States and Japan

A Comparison of the Effects of Environmental Regulation on Productivity Growth in the United States and Japan PDF Author: Mary June Shimizu
Publisher:
ISBN:
Category : Environmental law
Languages : en
Pages : 176

Book Description


Productivity Measurement in Regulated Industries

Productivity Measurement in Regulated Industries PDF Author: National Science Foundation (U.S.)
Publisher: New York ; Toronto : Academic
ISBN:
Category : Business & Economics
Languages : en
Pages : 448

Book Description


Economic Growth in Europe

Economic Growth in Europe PDF Author: Marcel P. Timmer
Publisher: Cambridge University Press
ISBN: 9781107412446
Category : Business & Economics
Languages : en
Pages : 312

Book Description
Why has European growth slowed down since the 1990s while American productivity growth has speeded up? This book provides a thorough and detailed analysis of the sources of growth from a comparative industry perspective. It argues that Europe's slow growth is the combined result of a severe productivity slowdown in traditional manufacturing and other goods production, and a concomitant failure to invest in and reap the benefits from Information and Communications Technology (ICT), in particular in market services. The analysis is based on rich new databases including the EU KLEMS growth accounting database and provides detailed background of the data construction. As such, the book provides new methodological perspectives and serves as a primer on the use of data in economic growth analysis. More generally, it illustrates to the research and policy community the benefits of analysis based on detailed data on the sources of economic growth.

Environmental Regulation and the U.S. Economy

Environmental Regulation and the U.S. Economy PDF Author: Barry Bosworth
Publisher: Baltimore : Published for Resources for the Future by Johns Hopkins University Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 184

Book Description


Environmental and Health/safety Regulations, Productivity Growth, and Economic Performance

Environmental and Health/safety Regulations, Productivity Growth, and Economic Performance PDF Author: Gregory Christainsen
Publisher:
ISBN:
Category : Environmental law
Languages : en
Pages : 100

Book Description


The Conflict Over Environmental Regulation in the United States

The Conflict Over Environmental Regulation in the United States PDF Author: Frank T. Manheim
Publisher: Springer Science & Business Media
ISBN: 0387758771
Category : Business & Economics
Languages : en
Pages : 323

Book Description
in Congress – are not considered, they may affect future energy programs just as they have past programs. Finally, potentially ruinously costly increases in energy imports force attention to the problem of how major public policy plans have been and are prepared in the United States. A witches’ brew of some 500 energy bills proposed in the 110th C ongress in the House and Senate is now being stirred up. This “inspirational” approach to public policymaking bears little resemblance to the thoughtful way critical policies have been developed in the EU. A change of the way major national planning is undertaken may do more than anything else to bring facts and reality into play, reduce hostilities, open up cooperation, new resources, technologies, creative energies, and productivity toward energy policy transitions. Chapter 6 Foreign Experience 6. 1 The European Union and Other Nations Take the Lead “The EU has pioneered a new form of post-national government, in which nation-states pool some of their sovereignty for the common good. Many of its admirers see this as a useful potential model for Southeast Asia, the Indian subcontinent, China-Taiwan, Latin America, parts of Africa and so on. The EU takes some issues, like human rights, global warming and the fostering of an international system of justice, with admirable seriousness . . . . . . Considering the kind of Europe it replaced, the EU has been an almost miraculous success (Walker, 2007).