The Impact of Environmental Regulation on Productivity Growth PDF Download

Author: William Allen Sims
Publisher: Ottawa, Ont. : Economic Council of Canada
ISBN:
Category : Brewing industry
Languages : en
Pages : 126

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Author: Mary June Shimizu
Publisher:
ISBN:
Category : Environmental law
Languages : en
Pages : 176

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Author: Wayne B Gray
Publisher: Taylor & Francis
ISBN: 1351741837
Category : Business & Economics
Languages : en
Pages : 482

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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.

Author: Gregory Christainsen
Publisher:
ISBN:
Category : Environmental law
Languages : en
Pages : 100

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Author: Wayne B. Gray
Publisher:
ISBN:
Category : Environmental law
Languages : en
Pages : 52

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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.

Author:
Publisher:
ISBN: 9789289960830
Category :
Languages : en
Pages : 0

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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.

Author: Wayne B Gray
Publisher: Routledge
ISBN: 1351741829
Category : Business & Economics
Languages : en
Pages : 808

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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.

Author: Barry Bosworth
Publisher: Baltimore : Published for Resources for the Future by Johns Hopkins University Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 184

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Author: Imad A. Moosa
Publisher: Edward Elgar Publishing
ISBN: 1782549242
Category : Business & Economics
Languages : en
Pages : 352

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Book Description
øThe authors present an extensive survey of the empirical evidence on the determinants of environmental performance as well as the effects of environmental regulation on the costs of production, plant location, firm-level productivity, stock prices and

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

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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.