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This paper shows that imperfect output substitutability explains part of the observed persistent plant-level productivity dispersion. Specifically, as substitutability in a market increases, the market’s productivity distribution exhibits falling dispersion and higher central tendency. The...
Persistent link: https://www.econbiz.de/10005058590
process, such as idiosyncratic technology shocks or input price differences. I claim that characteristics of the output demand …
Persistent link: https://www.econbiz.de/10005058597
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
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
steel). We combine productivity data from the Longitudinal Research Database ( LRD ) with pollution abatement expenditures …
Persistent link: https://www.econbiz.de/10005058713
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
Persistent link: https://www.econbiz.de/10005058798
This paper examines the determinants of environmental performance at paper mills, measured by air pollution emissions per unit of output. We consider differences across plants in air pollution abatement expenditures, local regulatory stringency, and productive efficiency. Emissions are...
Persistent link: https://www.econbiz.de/10005058870
Persistent link: https://www.econbiz.de/10003740695
Persistent link: https://www.econbiz.de/10011327394