全球智库信息集成服务系统(G2TT): Environmental Regulation and Productivity: Evidence from Oil Refineries

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w6776
来源ID	Working Paper 6776
	Environmental Regulation and Productivity: Evidence from Oil Refineries
	Eli Berman; Linda T.M. Bui
发表日期	1998-11-01
出版年	1998
语种	英语
摘要	We examine the effect of air quality regulation on the productivity of some of the most heavily regulated manufacturing plants in the United States, the oil refineries of the Los Angeles (South Coast) Air Basin. We use direct measures of local air pollution regulation in this region to estimate their effects on abatement investment. Refineries not subject to these local environmental regulations are used as a comparison group. We study the period of increased regulation between 1979 and 1992. On average each regulation cost $3M per plant on compliance dates and a further $5M per plant on dates of increased stringency. We also construct measures of total factor productivity using plant level data which allow us to observe physical quantities of inputs and outputs for the entire population of refineries. Despite the high costs associated with the local regulations, productivity in the Los Angeles Air Basin refineries rose sharply during the 1987 - 1992 period, a period of decreased refinery productivity in other regions. We conclude that measures of the cost of environmental regulation may be significantly overstated. The gross costs may be far greater than the net cost, as abatement may be productive.
主题	Microeconomics ; Households and Firms ; Public Economics ; Taxation
URL	https://www.nber.org/papers/w6776
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/564285
推荐引用方式 GB/T 7714	Eli Berman,Linda T.M. Bui. Environmental Regulation and Productivity: Evidence from Oil Refineries. 1998.

条目包含的文件
文件名称/大小	资源类型	版本类型	开放类型	使用许可
w6776.pdf（1293KB）	智库出版物		限制开放	CC BY-NC-SA	浏览