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Conference Paper: Who invest more in advanced abatement technology: theory and evidence
Title | Who invest more in advanced abatement technology: theory and evidence |
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Authors | |
Keywords | Pollution Heterogenous firms Abatement technology Emission intensity China |
Issue Date | 2014 |
Publisher | WCERE 2014. |
Citation | The 5th World Congress of Environmental and Resource Economics (WCERE), Istanbul, Turkey, 28 June-2 July 2014. How to Cite? |
Abstract | We 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. |
Description | Parallel Sessions 9 - Technological Change and the Environment: Theory The Conference programme's website is located at http://www.webmeets.com/wcere/2014/prog/ |
Persistent Identifier | http://hdl.handle.net/10722/201721 |
DC Field | Value | Language |
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dc.contributor.author | Cao, J | en_US |
dc.contributor.author | Qiu, LD | - |
dc.contributor.author | Zhou, MH | - |
dc.date.accessioned | 2014-08-21T07:38:42Z | - |
dc.date.available | 2014-08-21T07:38:42Z | - |
dc.date.issued | 2014 | en_US |
dc.identifier.citation | The 5th World Congress of Environmental and Resource Economics (WCERE), Istanbul, Turkey, 28 June-2 July 2014. | en_US |
dc.identifier.uri | http://hdl.handle.net/10722/201721 | - |
dc.description | Parallel Sessions 9 - Technological Change and the Environment: Theory | - |
dc.description | The Conference programme's website is located at http://www.webmeets.com/wcere/2014/prog/ | - |
dc.description.abstract | We 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.language | eng | en_US |
dc.publisher | WCERE 2014. | - |
dc.relation.ispartof | 5th World Congress of Environmental and Resource Economists, WCERE 2014 | en_US |
dc.subject | Pollution | - |
dc.subject | Heterogenous firms | - |
dc.subject | Abatement technology | - |
dc.subject | Emission intensity | - |
dc.subject | China | - |
dc.title | Who invest more in advanced abatement technology: theory and evidence | en_US |
dc.type | Conference_Paper | en_US |
dc.identifier.email | Qiu, LD: larryqiu@hku.hk | en_US |
dc.identifier.authority | Qiu, LD=rp01093 | en_US |
dc.description.nature | postprint | - |
dc.identifier.hkuros | 233828 | en_US |
dc.publisher.place | Turkey | - |