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Author:Snyder, L. D.
Miller, N. H.
Stavins, R. N.
Title:The Effects of Environmental Regulation on Technology Diffusion: The Case of Chlorine Manufacturing
Journal:American Economic Review
2003 : MAY, VOL. 93:2, p. 431-435
Index terms:ENVIRONMENTAL ECONOMICS
ENVIRONMENTAL POLICY
ENVIRONMENTAL PROTECTION
CHEMICAL INDUSTRY
Language:eng
Abstract:The authors study the effect of regulation on technological change in the chlorine manufacturing industry by focusing on the diffusion of membrane-cell technology, widely viewed as environmentally superior to both mercury-cell and diaphragm-cell technologies. The authors examine econometrically two aspects of diffusion (adoption and exit behavior) to assess the effects of environmental regulation. Employing plant- level data on technology choice, economic variables, and regulatory variables from 1976 to 2001, they examine these adoption and exit decisions with a hazard model, considering the effects of both direct regulation of chlorine manufacturing and regulation of downstream users of chlorine.
SCIMA record nr: 250645
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