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Panel Data Analysis of Regulatory Factors Shaping Environmental Performance

Dietrich Earnhart

University of Kansas and Centre for Economic Policy Research (CEPR)

The Review of Economics and Statistics 2004 open access

This paper analyzes the regulatory factors shaping environmental performance at individual polluting facilities. In particular, it examines the influence of actual government interventions, namely, inspections and enforcement actions performed at specific facilities. This influence represents specific deterrence. This paper also examines general deterrence, that is, the threat of receiving an intervention. As important, it controls for differences in certain regulatory features of facility-specific pollution control permits. Unlike previous attempts to examine regulatory factors, this analysis uses panel data techniques to capture the heterogeneity across individual facilities, while exploring the dynamics of each facility; the analysis also captures heterogeneity across individual time periods.

DOI
10.1162/003465304323023895
Volume
86 (1)
Pages
391-401
Language
en
Export
BibTeX
Sources
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