This paper examines the impact of foreign ownership and efficiency on chemical plants' pollution abatement expenditure. The model estimates presented reveal not only which factors are the key determinants of whether any abatement expenditure occurs but also explain how much was spent on the...

This study uses the Annual Respondents Database to test whether Gibrat's law of proportionate effect holds for the UK manufacturing industry during the period 1973-1998. For a sample of manufacturing industries, four different panel unit root tests were carried out to test the relationship...

Industrial policy in any economy has a number of varying and occasionally conflicting objectives, but the overarching intention of the various grants, subsidies and support schemes, arguably, must be to improve the economic performance of the plants they assist directly. However, in the absence...