Showing 1 - 10 of 1,872
This paper describes the privatization program carried out in the productive sector of the Colombian economy during the 1990s. It evaluates privatization within the policy context of general market deregulation and the promotion of private investment in the provision of public infrastructure and...
Persistent link: https://www.econbiz.de/10014209490
Information-based policies play an important role in environmental protection efforts around the world. These policies use information provision and/or disclosure to shape behavior in order to meet the policy objective; for example, mandatory information disclosure requires firms to measure and...
Persistent link: https://www.econbiz.de/10013202842
This study empirically assesses the impact of energy prices and environmental policy stringency (EPS) on manufacturing employment in OECD countries over the period 2000- 2014. At the sector level, increases in energy prices and in EPS have a negative and statistically significant impact on total...
Persistent link: https://www.econbiz.de/10012304428
The paper estimates the effect of energy prices and carbon taxation on firms’ environmental and economic performance. The analysis uses data on 8 000 firms that are representative of the French manufacturing sector and observed during 2001-2016. This paper also measures the causal impact of...
Persistent link: https://www.econbiz.de/10012180374
Exploiting the Central Environmental Inspections (CEI) in China as a quasi-natural experiment, we find that public firms in polluting industries experience significant gain in both profitability and market valuation after the regulatory shock, relative to firms in nonpolluting industries. The...
Persistent link: https://www.econbiz.de/10014350644
The impact of environmental innovations on firm performance is ambiguous. On the one hand, regulatory-driven environmental innovation may impose additional costs to firms and lower their profits. On the other hand, eco-innovators could profit from lower uncertainty in innovation due to...
Persistent link: https://www.econbiz.de/10008660559
The impact of environmental innovations on firm performance is ambiguous. On the one hand, regulatory-driven environmental innovation may impose additional costs to firms and lower their profits. On the other hand, eco-innovators could profit from lower uncertainty in innovation due to...
Persistent link: https://www.econbiz.de/10014190159
I study the causal effect of the European Union Emissions Trading System (EU ETS) on the productivity of German …. This approach allows for an endogenous dynamic productivity process and corrects for simultaneous changes in input use or … productivity after a firm is regulated by the EU ETS. After estimating the firm specific productivity, I employ a difference …
Persistent link: https://www.econbiz.de/10012981571
-level productivity. Controlling for an extensive set of fixed effects as well as potential political-economy drivers of regulation, we … experienced a substantial loss in productivity that was concentrated in the sectors most dependent on external finance and …
Persistent link: https://www.econbiz.de/10012011222
-level productivity. Controlling for an extensive set of fixed effects as well as potential political-economy drivers of regulation, we … experienced a substantial loss in productivity that was concentrated in the sectors most dependent on external finance and …
Persistent link: https://www.econbiz.de/10012869176