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Wednesday, July 15, 2020 | History

2 edition of Environmental regulation, investment timing, and technology choice found in the catalog.

Environmental regulation, investment timing, and technology choice

Wayne B. Gray

Environmental regulation, investment timing, and technology choice

by Wayne B. Gray

  • 396 Want to read
  • 17 Currently reading

Published by National Bureau of Economic Research in Cambridge, MA .
Written in English

    Subjects:
  • Environmental policy -- Econometric models.,
  • Capital investments -- Econometric models.

  • Edition Notes

    StatementWayne B. Gray, Ronald J. Shadbegian.
    SeriesNBER working paper series -- working paper 6036, Working paper series (National Bureau of Economic Research) -- working paper no. 6036.
    ContributionsShadbegian, Ronald J., National Bureau of Economic Research.
    The Physical Object
    Pagination37 p. ;
    Number of Pages37
    ID Numbers
    Open LibraryOL22407664M

      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 regulatory standards and demand-generating effects of. Promoting Technological Environmental Innovations: The Role of Environmental Regulation: /ch This paper reviews and discusses the debate over the effectiveness of environmental regulation in promoting industrial Technological Environmental Innovation.

    The information provided in this book provides a starting point for foreign investors in their investigation of the environmental regulations and the related social priorities which will have an increasing impact on their investment decisions and strategies. Often, in such matters, the first vital step is to be able to put the right : Hardcover. of environmental regulation. Nation level studies raise a number of sticky methodological problems because of a basic inability to control for the effects of conincident political, economic, technological, and social changes on basic economic performance. One cannot satisfactorily isolate the impact of environmental regulation.

    example, regulation may be based on environmental, health, and safety considerations alone; existing technological capability for caompliance; or technology within reach of a vigorous re-search and development effort. Throughout the early history of environmental, . Since before President Richard Nixon established the Environmental Protection Agency in , the United States has periodically taken regulatory actions to reduce pollution in our air, water, and land. These regulations are complex, with far-reaching but sometimes little-understood effects on our daily lives. Over time, each of these regulations requires additional review.


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Environmental regulation, investment timing, and technology choice by Wayne B. Gray Download PDF EPUB FB2

Environmental Regulation, Investment Timing, and Technology Choice by Wayne B. Gray Clark University and NBER and Ronald J.

Shadbegian University of Massachusetts at Dartmouth Financial support from the National Science Foundation (SBR) and the NBER Project on Industrial Technology and Productivity, funded by the Alfred Investment timing. Sloan. Get this from a library. Environmental regulation, investment timing, and technology choice.

[Wayne B Gray; Ronald J Shadbegian; National Bureau of Economic Research.]. "Environmental Regulation, Investment Timing, and Technology Choice," NBER Working PapersNational Bureau of Economic Research, Inc. Wayne B Gray & Ronald J Shadbegian, "Environmental Regulation, Investment Timing, and Technology Choice," Working PapersCenter for Economic Studies, U.S.

Census Bureau. We test whether environmental regulation affects investment decisions, using Census data for individual paper mills. New mills in states with strict environmental regulations choose cleaner production technologies, with differences in air and water pollution regulation also influencing technology by: Environmental Regulation, Investment Timing, and Technology Choice Wayne B.

Gray, Ronald J. Shadbegian. NBER Working Paper No. Issued in May NBER Program(s):Productivity, Innovation, and Entrepreneurship, Public Economics We began this project interested in collecting real-world' insight about how environmental regulation affects the paper by: Downloadable.

We began this project interested in collecting real-world' insight about how environmental regulation affects the paper industry. Based on conversations with people in the industry and visits to paper mills, we formulated several hypotheses related to technology choice in new mills and the investment decision for existing plants.

We tested investment timing hypotheses using technology choice data for paper mills and annual investment data for mills. Technology choice is influenced by environmental regulation. New mills in states with strict Environmental regulation regulations are less likely to employ the more polluting technologies involving pulping.

This paper contributes to the empirical literature on the effects of environmental regulation on investment. In particular, we ask whether and how strongly an industry's investment responds to stringency in environmental regulation.

W.B. Gray, R.J. ShadbegianEnvironmental regulation, investment timing, and technology choice. The Journal of. McManus, in International Encyclopedia of Human Geography, Introduction. Environmental regulation refers to the imposition of limitations or responsibilities on individuals, corporations, and other entities for the purpose of preventing environmental damage or improving degraded environments.

In this article, the term refers to both the use of legislation through parliaments and the. The Research Handbook on Environment and Investment Law examines one of the most dynamic areas of international law: the interaction between international investment law and environmental. strategic choice of abatement technology and the timing of government ʼ s commitment to the environmental policy.

In speci fi c, we consider the ability of the environmental regulator to. Eco-innovation performance is positively related with corporate environmental the publication of the first version of the EMAS Regulation inone of the scheme's main aims.

Environmental Regulation, Investment Timing, and Technology Choice Environmental Regulation, Investment Timing, and Technology Choice Gray, Wayne B.; Shadbegian, Ronald J.

Footnotes Financial support from the National Science Foundation (SBR‐) and the NBER Project on Industrial Technology and Productivity, funded by the Alfred P. Sloan Foundation. This study highlights the choice of timing for techno- logical change affecting environmental quality in eco- nomic development.

Based on the intent and mathemati-cal treatment of Cunha-e-Sá and Reis, we develop an analytical model that addresses the optimal timing of the transition of environmental technology from old to new. Zero stars. This book is a hundred years old In context of environmental regulation and yet universities with agendas are still utilizing its publication.

Chapter 1 is filled with false analogies using the European/ Nordic model as a basis for their argument that our American market will save the environment.

Capitalism is the holy s: 7. Massachusetts Institute of Technology Cambridge, MA This draft: Decem Abstract: The standard framework in which economists evaluate environmental policies is cost-benefit analysis, so policy debates usually focus on the expected flows of costs and benefits, or on the choice.

A central focus of the competitiveness debate has been the potential impact of environmental regulation on international trade and the location of production and investment, as well as the employment consequences of these effects.

12 In this section we examine the evidence concerning these impacts. environmental regulation by Yao (). Second, environmental regulation affects technology choices, and the question of whether tighter standards can be held responsible for reduced productivity growth has attracted a considerable amount of attention, particularly in the United States.

Finally, independently of the. The Annual Review of Law and Social Science had an article by Neil Gunningham and Cameron Holley, "Next-Generation Environmental Regulation: Law, Regulation, and Governance".Once you get passed the odd description of environmental law, along with design standards such as best available technology, as "conceived in the s" and the odder tracing of.

Abstract. The regulation of economic activity which has adverse environmental impacts is shaped by a wide range of factors, including the extent of damage caused to humans and natural eco-systems, the technology available to prevent or control pollution, and perceptions of the wider economic and social consequences of mitigation actions.

Gray W. B. and R. J. Shadbegian, (), “Environmental Regulation, Investment Timing, and Technology Choice”, Journal of Industrial Economics Greenstone M., (), “The Marginal Effects of Environmental Regulations of the Manufacturing Sector: Evidence from the and Clean Air Act Amendments”, Princeton University.The effect of environmental regulation on firms' competitive performance: the case of the building & construction sector in some EU regions.

Testa F(1), Iraldo F, Frey M. Author information: (1)Sant'Anna School of Advanced Studies, Piazza Martiri della Libertà 33, Pisa, Italy. @  ().

Do Stringent Environmental Regulations Attract Foreign Direct Investment in Developing Countries? Evidence on the “Race to the Top” from Cross-Country Panel Data. Emerging Markets Finance and Trade: Vol. 55, No.

12, pp.