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Decentralized environmental regulations and plant-level productivity
Department of Economics, Rensselaer Polytechnic Institute, Troy, New York, USA.
Högskolan i Jönköping, Internationella Handelshögskolan, IHH, Nationalekonomi. Högskolan i Jönköping, Internationella Handelshögskolan, IHH, Center for Family Enterprise and Ownership (CeFEO).ORCID-id: 0000-0001-5776-9396
Högskolan i Jönköping, Tekniska Högskolan, JTH, Logistik och verksamhetsledning.ORCID-id: 0000-0002-4825-4523
2019 (engelsk)Inngår i: Business Strategy and the Environment, ISSN 0964-4733, E-ISSN 1099-0836, Vol. 28, nr 6, s. 998-1011Artikkel i tidsskrift (Fagfellevurdert) Published
Abstract [en]

Using the framework provided by the Porter hypothesis, we study the impact of environmental regulations and enforcement policies on plant-level green total factor productivity (TFP) growth and its components related to efficiency change and technical change. The detailed microdata we use are from Sweden and for the pulp and paper industry. This industry is the source of significant amounts of water and air pollution and is one of the most heavily environmentally regulated manufacturing industries. Sweden has a unique decentralized regulatory structure where the manufacturing plants have to comply with plant-specific regulatory standards stipulated at the national level, as well as decentralized local supervision and enforcement. Our empirical results point to beneficial impacts of the environmental policies on plants' green TFP growth and sustainable production practices. We also find that political economy considerations are important, as the presence of the Green Party and aspects like plant size (with corresponding local and regional economic effects) matter in enforcement of the standards.

sted, utgiver, år, opplag, sider
John Wiley & Sons, 2019. Vol. 28, nr 6, s. 998-1011
Emneord [en]
efficiency, environmental policy, environmental regulations, green TFP, plant-level data, political economy, Porter hypothesis, productivity, pulp and paper industry, sustainable production, technical change
HSV kategori
Identifikatorer
URN: urn:nbn:se:hj:diva-43374DOI: 10.1002/bse.2297ISI: 000483696100006Scopus ID: 2-s2.0-85063295699Lokal ID: ;IHHCeFEOIS;JTHLogistikISOAI: oai:DiVA.org:hj-43374DiVA, id: diva2:1298152
Tilgjengelig fra: 2019-03-22 Laget: 2019-03-22 Sist oppdatert: 2019-10-03bibliografisk kontrollert

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