| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w8480 |
| 来源ID | Working Paper 8480 |
| Plant Vintage, Technology, and Environmental Regulation | |
| Wayne B. Gray; Ronald J. Shadbegian | |
| 发表日期 | 2001-09-01 |
| 出版年 | 2001 |
| 语种 | 英语 |
| 摘要 | Does the impact of environmental regulation differ by plant vintage and technology? We answer this question using annual Census Bureau information on 116 pulp and paper mills' vintage, technology, productivity, and pollution abatement operating costs for 1979-1990. We find a significant negative relationship between pollution abatement costs and productivity levels. This is due almost entirely to integrated mills (those incorporating a pulping process), where a one standard deviation increase in abatement costs is predicted to reduce productivity by 5.4 percent. Older plants appear to have lower productivity but are less sensitive to abatement costs, perhaps due to 'grandfathering' of regulations. Mills which undergo renovations are also less sensitive to abatement costs, although these vintage and renovation results are not generally significant. We find similar results using a log-linear version of a three input Cobb-Douglas production function in which we include our technology, vintage, and renovation variables. Sample calculations of the impact of pollution abatement on productivity show the importance of allowing for differences based on plant technology. In a model incorporating technology interactions we estimate that total pollution abatement costs reduce productivity levels by an average of 4.7 percent across all the plants. The comparable estimate without technology interactions is 3.3 percent, approximately 30% lower. |
| 主题 | Development and Growth ; Innovation and R& ; D ; Environmental and Resource Economics ; Renewable Resources |
| URL | https://www.nber.org/papers/w8480 |
| 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/566084 |
| 推荐引用方式 GB/T 7714 | Wayne B. Gray,Ronald J. Shadbegian. Plant Vintage, Technology, and Environmental Regulation. 2001. |
| 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 | ||
| w8480.pdf（108KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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