G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w4321
来源IDWorking Paper 4321
Environmental Regulation and Manufacturing Productivity at the Plant Level
Wayne B. Gray; Ronald J. Shadbegian
发表日期1993-04-14
出版年1993
语种英语
摘要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.
主题Microeconomics ; Households and Firms ; Environmental and Resource Economics ; Renewable Resources
URLhttps://www.nber.org/papers/w4321
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/561716
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Wayne B. Gray,Ronald J. Shadbegian. Environmental Regulation and Manufacturing Productivity at the Plant Level. 1993.
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