Does Plant Ownership Affect the Level of Pollution Abatement Expenditure?

This paper considers a number of hypotheses. Primary among them is the notion that foreign-owned plants spend more on pollution abatement than do domestically owned plants after controlling for productive efficiency and cognizant of the prevailing regulatory regime. The evidence drawn upon in the fi...

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Bibliographic Details
Published in:	Land economics Vol. 78; no. 2; pp. 171 - 189
Main Authors:	Collins, Alan, Richard I. D. Harris
Format:	Journal Article
Language:	English
Published:	Madison University of Wisconsin Press 01-05-2002
Subjects:	Air pollution Capital expenditures Data analysis Econometrics Economic models Economic regulation Economics Efficiency Environment Environmental economics Environmental pollution Environmental regulation Foreign owned US companies Industrial regulation Land economics Manufacturing Manufacturing industries Metal industry Metals industries Pollution Pollution control Power plants Studies United Kingdom United Kingdom > UK United States > US British Isles
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Summary:	This paper considers a number of hypotheses. Primary among them is the notion that foreign-owned plants spend more on pollution abatement than do domestically owned plants after controlling for productive efficiency and cognizant of the prevailing regulatory regime. The evidence drawn upon in the first econometric assessment of this contention is plant level data from the U.K. metal manufacturing industry. In essence, this study directly estimates the influence of ownership and efficiency characteristics in firms' decisions regarding whether to spend or not on pollution control and how much to spend.
Bibliography:	ObjectType-Article-2 SourceType-Scholarly Journals-1 ObjectType-Feature-1 content type line 23 ObjectType-Article-1 ObjectType-Feature-2
ISSN:	0023-7639 1543-8325
DOI:	10.2307/3147267