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Environmental Regulations and Productivity Growth: The Case of Fossil-fueled Electric Power Generation
Abstract
This paper measures and analyzes the effect of sulfur 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, primarily from the increased use of low-sulfur fuels. The average rate of productivity growth was reduced by 0.59 percentage points per year for constrained utilities.
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Citations
Cited by
The Porter Hypothesis at 20: Can Environmental Regulation Enhance Innovation and Competitiveness?
Ambec, S., Cohen, M. A., Elgie, S., & Lanoie, P. (2013) · Review of Environmental Economics and Policy · doi:10.1093/reep/res016 · Cited by 1,928
Does It Pay to Be Green? A Systematic Overview
Stefan, A., & Paul, L. (2008) · Academy of Management Perspectives · doi:10.5465/amp.2008.35590353 · Cited by 1,759
Environmental Policy and Technological Change
Jaffe, A. B., Newell, R. G., & Stavins, R. N. (2002) · Environmental and Resource Economics · doi:10.1023/a:1015519401088 · Cited by 1,050
Greenwash vs. Brownwash: Exaggeration and Undue Modesty in Corporate Sustainability Disclosure
Kim, E.-H., & Lyon, T. P. (2015) · Organization Science · doi:10.1287/orsc.2014.0949 · Cited by 932
Environmental regulation and the productivity of Japanese manufacturing industries
Hamamoto, M. (2006) · Resource and Energy Economics · doi:10.1016/j.reseneeco.2005.11.001 · Cited by 549
Metadata
- Authors
- Gollop, F. M., & Roberts, M. J.
- Venue
- Journal of Political Economy
- Publisher
- University of Chicago Press
- Published
- 1983-08
- Volume
- 91
- Issue
- 4
- Pages
- 654-674
- ISSN
- 0022-3808 (ISSN-L)
- 1537-534X
- OpenAlex
- W1977696547
- Cited by
- 709
- References
- 0
- FWCI
- 12.12
- Type
- journal article
- Language
- en
- Open access
- closed
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- CoChat. (2026). Citation check: Environmental Regulations and Productivity Growth: The Case of Fossil-fueled Electric Power Generation. https://app.cochat.ai/papers/10.1086/261170
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- Gollop, F. M., & Roberts, M. J. (1983). Environmental Regulations and Productivity Growth: The Case of Fossil-fueled Electric Power Generation. Journal of Political Economy. https://doi.org/10.1086/261170
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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
