Assessing Multi-Dimensional Performances: Environmental and Economic Outcomes

Ronald J. Shadbegian and Wayne B. Gray

No 280842, National Center for Environmental Economics-NCEE Working Papers from United States Environmental Protection Agency (EPA)

Abstract: This study examines the determinants of environmental and economic performance for plants in three traditional smoke-stack industries: pulp and paper, oil, and steel. We combine data from Census Bureau and EPA databases and Compustat on the economic performance, regulatory activity and environmental performance on air and water pollution emissions and toxic releases. We find that plants with higher labor productivity tend to have lower emissions. Regulatory enforcement actions (but not inspections) are associated with lower emissions, and state-level political support for environmental issues is associated with lower water pollution and toxic releases. There is little evidence that plants owned by larger firms perform better, nor do older plants perform worse.

Keywords: Environmental Economics and Policy; Labor and Human Capital (search for similar items in EconPapers)
Pages: 35
Date: 2005-06
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Persistent link: https://EconPapers.repec.org/RePEc:ags:nceewp:280842

DOI: 10.22004/ag.econ.280842

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