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Pollution Abatement Costs, Regulation And Plant-Level Productivity

Gray, Wayne B; Shadbegian, Ronald J - Census Bureau, Department of Commerce - 1994

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 1990, considering both total factor productivity levels and growth rates. Plants...

Persistent link: https://www.econbiz.de/10005058645

The Survival of Industrial Plants

Gort, Michael; Jensen, J. Bradford; Lee, Seong-Hoon - Census Bureau, Department of Commerce - 2002

The study seeks to explain the attrition rate of new manufacturing plants in the United States in terms of three vectors of variables. The first explains how survival of the fittest proceeds through learning by firms (plants) about their own relative efficiency. The second explains how...

Persistent link: https://www.econbiz.de/10005058674

Plant Vintage, Technology, and Environmental Regulation

Gray, Wayne B; Shadbegian, Ronald J - Census Bureau, Department of Commerce - 2001

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 … include our technology, vintage, and renovation variables. Sample calculations of the impact of pollution abatement on …

Persistent link: https://www.econbiz.de/10005058708

Environmental Regulation And Manufacturing Productivity At The Plant Level

Gray, Wayne B; Shadbegian, Ronald J - Census Bureau, Department of Commerce - 1993

steel). We combine productivity data from the Longitudinal Research Database ( LRD ) with pollution abatement expenditures …

Persistent link: https://www.econbiz.de/10005058713

When Do Firms Shift Production Across States to Avoid Environmental Regulation?

Shadbegian, Ronald J; Gray, Wayne B - Census Bureau, Department of Commerce - 2001

This paper examines whether a firm's allocation of production across its plants responds to the environmental regulation faced by those plants, as measured by differences in stringency across states. We also test whether sensitivity to regulation differs based on differences across firms in...

Persistent link: https://www.econbiz.de/10005058778

Decomposing Learning By Doing in New Plants

Bahk, Byong-Hyong; Gort, Michael - Census Bureau, Department of Commerce - 1992

The paper examines learning by doing in the context of a production function in which the other arguments are labor, human capital, physical capital, and vintage as a proxy for embodied technical change in physical capital. Learning is further decomposed into organization learning, capital...

Persistent link: https://www.econbiz.de/10005058791

The Life Cycles of Industrial Plants

Lee, Seong-Hoon; Gort, Michael - Census Bureau, Department of Commerce - 2001

The paper presents a dynamic programming model with multiple classes of capital goods to explain capital expenditures on existing plants over their lives. The empirical specification shows that the path of capital expenditures is explained by (a) complementarities between old and new capital...

Persistent link: https://www.econbiz.de/10005058792

Environmental Regulation, Investment Timing, and Technology Choice

Gray, Wayne B; Shadbegian, Ronald J - Census Bureau, Department of Commerce - 1997

Persistent link: https://www.econbiz.de/10005058798

Managerial Efficiency, Organizational Capital and Productivity

Gort, Michael; Lee, Seong-Hoon - Census Bureau, Department of Commerce - 2003

The paper focuses on the impact of managerial efficiency on output. Three sources of managerial efficiency are identified: (a) superior initial managerial endowments, (b) the accumulation of managerial knowledge and skills through learning and (c) the impact of an effective market for managerial...

Persistent link: https://www.econbiz.de/10005058826

Decomposing Technical Change

Bahk, Byong-Hyong; Gort, Michael; Wall, Richard A - Census Bureau, Department of Commerce - 1991

A production function is specified with human capital as a separate argument and with embodied technical change proxied by a variable that measures the average vintage of the stock of capital. The coefficients of this production function are estimated with cross section data for roughly 2,150...

Persistent link: https://www.econbiz.de/10005058855