Environmental regulations and productivity growth: the case of fossil-fuelled electric power generation.

F. M. Gollop, M. J. Roberts

Research output: Contribution to journalArticlepeer-review

289 Scopus citations

Abstract

Measures and analyses the effect of sulphur dioxide emission restrictions on the rate of productivity growth in the electric power industry over the 1973-79 business cycle. A firm-specific measure of regulatory intensity is developed which depends on the severity of the emission standard, the extent of enforcement, and the unconstrained emission rate relevant to each utility. The results indicate that emission regulations result in significantly higher generating costs.-from CEGB Digest

Original languageEnglish (US)
Pages (from-to)654-674
Number of pages21
JournalJournal of Political Economy
Volume91
Issue number4
DOIs
StatePublished - Jan 1 1983

All Science Journal Classification (ASJC) codes

  • Economics and Econometrics

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