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Differential Environmental Regulation: Effects on Electric Utility Capital Turnover and Emissions
Abstract
This paper tests the hypothesis that differential regulations reduced the rate of capital turnover in the electric utility industry, resulting in increased emissions of sulfur dioxide. Based on a sample of forty-four privately owned electric utilities operating over the period 1969-83, the authors' results indicate that (1) regulation increased the age of capital by an average of 3.29 years (24.6 percent); (2) increases in the age of capital have no statistically significant impact on emissions; and (3) in the absence of regulation, emissions would have increased by 3.79 tons per million kWhs (34.6 percent). Copyright 1993 by MIT Press.
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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
Levy, J. I., Spengler, J. D., Hlinka, D., Sullivan, D., & Moon, D. (2002) · Atmospheric Environment · doi:10.1016/s1352-2310(01)00493-9 · Cited by 166
Metadata
- Authors
- Nelson, R. A., Tietenberg, T., & Donihue, M. R.
- Venue
- The Review of Economics and Statistics
- Publisher
- JSTOR
- Published
- 1993-05
- Volume
- 75
- Issue
- 2
- Pages
- 368
- ISSN
- 0034-6535 (ISSN-L)
- OpenAlex
- W1989432121
- Cited by
- 158
- References
- 0
- FWCI
- 2.36
- Type
- journal article
- Language
- en
- Open access
- closed
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- CoChat. (2026). Citation check: Differential Environmental Regulation: Effects on Electric Utility Capital Turnover and Emissions. https://app.cochat.ai/papers/10.2307/2109447
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- Nelson, R. A., Tietenberg, T., & Donihue, M. R. (1993). Differential Environmental Regulation: Effects on Electric Utility Capital Turnover and Emissions. The Review of Economics and Statistics. https://doi.org/10.2307/2109447
Data sources
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.
