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Conference Paper: Who invest more in advanced abatement technology: theory and evidence

TitleWho invest more in advanced abatement technology: theory and evidence
Authors
KeywordsPollution
Heterogenous firms
Abatement technology
Emission intensity
China
Issue Date2014
PublisherWCERE 2014.
Citation
The 5th World Congress of Environmental and Resource Economics (WCERE), Istanbul, Turkey, 28 June-2 July 2014. How to Cite?
AbstractWe study firm investment in abatement technology under a heterogeneous firm framework and find that abatement technology investment increases (decreases) as firm productivity increases if investment and productivity are complements (substitutes). Under linear demand, firms' abatement investments exhibit an inverted-U shape with respect to firms' productivity, which is in contrast to results in existing studies. In response to tightened environmental regulations, more-productive firms raise their respective investments in abatement technology, whereas less-productive firms do the opposite; Pollution emission intensity of a firm decreases with productivity level. The key theoretical predictions are confirmed by empirical tests using Chinese data.
DescriptionParallel Sessions 9 - Technological Change and the Environment: Theory
The Conference programme's website is located at http://www.webmeets.com/wcere/2014/prog/
Persistent Identifierhttp://hdl.handle.net/10722/201721

 

DC FieldValueLanguage
dc.contributor.authorCao, Jen_US
dc.contributor.authorQiu, LD-
dc.contributor.authorZhou, MH-
dc.date.accessioned2014-08-21T07:38:42Z-
dc.date.available2014-08-21T07:38:42Z-
dc.date.issued2014en_US
dc.identifier.citationThe 5th World Congress of Environmental and Resource Economics (WCERE), Istanbul, Turkey, 28 June-2 July 2014.en_US
dc.identifier.urihttp://hdl.handle.net/10722/201721-
dc.descriptionParallel Sessions 9 - Technological Change and the Environment: Theory-
dc.descriptionThe Conference programme's website is located at http://www.webmeets.com/wcere/2014/prog/-
dc.description.abstractWe study firm investment in abatement technology under a heterogeneous firm framework and find that abatement technology investment increases (decreases) as firm productivity increases if investment and productivity are complements (substitutes). Under linear demand, firms' abatement investments exhibit an inverted-U shape with respect to firms' productivity, which is in contrast to results in existing studies. In response to tightened environmental regulations, more-productive firms raise their respective investments in abatement technology, whereas less-productive firms do the opposite; Pollution emission intensity of a firm decreases with productivity level. The key theoretical predictions are confirmed by empirical tests using Chinese data.en_US
dc.languageengen_US
dc.publisherWCERE 2014.-
dc.relation.ispartof5th World Congress of Environmental and Resource Economists, WCERE 2014en_US
dc.rightsCreative Commons: Attribution 3.0 Hong Kong License-
dc.subjectPollution-
dc.subjectHeterogenous firms-
dc.subjectAbatement technology-
dc.subjectEmission intensity-
dc.subjectChina-
dc.titleWho invest more in advanced abatement technology: theory and evidenceen_US
dc.typeConference_Paperen_US
dc.identifier.emailQiu, LD: larryqiu@hku.hken_US
dc.identifier.authorityQiu, LD=rp01093en_US
dc.description.naturepostprint-
dc.identifier.hkuros233828en_US
dc.publisher.placeTurkey-

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