Published in:This is an earlier version of a manuscript that was eventually published in Land Economics: Harrington, D.R., G. Deltas and M. Khanna, ("Does Pollution Prevention Reduce Toxic Emissions? A Dynamic Panel Data Model", Land Economics May 1, 2014 ; vol. 90 no. 2 199-221
Extent:
1 Online-Ressource (39 p)
Language:
English
DOI:
10.2139/ssrn.2186006
Identifier:
Origination:
Footnote:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments December 6, 2012 erstellt
Description:
This paper investigates the effectiveness of voluntary pollution prevention activities in reducing toxic releases of facilities that report to the Toxics Release Inventory (TRI) from 1991-2001 using GMM dynamic panel data models that recognize the potential endogeneity of the pollution prevention adoption decision on toxic releases. We find that pollution prevention adoption had a negative impact on toxic releases over this period. The estimated coefficients suggest that the effect of the introduction of pollution prevention techniques is substantial, but short-lived, dissipating within 4-5 years. However, a continual adoption of pollution prevention techniques leads to lower steady-state toxic emissions, with estimated reductions in the 35-50% range (depending on specification)