EconPapers    
Economics at your fingertips  
 

Evaluating the effectiveness of an environmental disclosure policy: An application to New South Wales

M. Taha Kasim

Resource and Energy Economics, 2017, vol. 49, issue C, 113-131

Abstract: The main purpose of introducing an environmental information disclosure strategy is to reduce informational asymmetries and put pressure on firms to reduce emissions. This paper studies the impact of such a policy on air quality in New South Wales (NSW), Australia. A regression discontinuity design is employed and the results show that pollutant concentration levels were not significantly affected after the implementation of the policy. Empirically, the estimates of the effects under the discontinuity-based OLS model have the opposite sign for some of the pollutants relative to the estimates from the basic OLS model. Therefore, basing conclusions on the OLS results will engender incorrect inference. Discontinuity-based results are robust to different model specifications.

Keywords: Environmental information disclosure; Air pollution; Discontinuity-based OLS; New South Wales (search for similar items in EconPapers)
JEL-codes: L51 Q53 Q58 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S092876551730115X
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:resene:v:49:y:2017:i:c:p:113-131

Access Statistics for this article

Resource and Energy Economics is currently edited by J. F. Shogren and S. Smulders

More articles in Resource and Energy Economics from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

 
Page updated 2019-11-03
Handle: RePEc:eee:resene:v:49:y:2017:i:c:p:113-131