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Environmental Regulation, Abatement, and Productivity: A Frontier Analysis

September 2013

Written by: Shital Sharma

Working Paper Number:

CES-13-51

Abstract

This research studies the link between environmental regulation and plant level productivity in two U.S. manufacturing industries: pulp and paper mills and oil refineries using Data Envelopment Analysis (DEA) models. Data on abatement spending, emissions and abated emissions are used in different DEA models to study plant productivity outcomes when accounting for abatement spending or emissions regulations. Results indicate that pulp and paper mills and oil refineries in the U.S. suffered decreases in productivity due to pollution abatement activities from 1974 to 2000. These losses in productivity are substantial but have been slowly trending downwards even when the regulations have tended to become more stringent and emission of pollutants has declined suggesting that the best practice has shifted over time. Results also show that the reported abatement expenditures are not able to explain all the losses arising out of regulation suggesting that these abatement expenditures are consistently under-reported.

Document Tags and Keywords

Keywords Keywords are automatically generated using KeyBERT, a powerful and innovative keyword extraction tool that utilizes BERT embeddings to ensure high-quality and contextually relevant keywords.

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:
profitability, production, productive, econometric, produce, efficiency, efficient, development, expenditure, depreciation, regulation, analysis productivity, regulation productivity, emission, pollution, refinery, epa, plant productivity, environmental, pollutant, abatement expenditures, polluting, pollution abatement

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:
Annual Survey of Manufactures, Longitudinal Research Database, Toxics Release Inventory, Department of Economics, Environmental Protection Agency, PAOC, Pollution Abatement Costs and Expenditures, Census of Manufacturing Firms

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