Does Plant Ownership Affect the Level of Pollution Abatement Expenditure?
利用英国金属制造业工厂数据,首次计量检验了外资工厂是否比本土工厂在污染治理上支出更多,并考虑了生产效率与监管环境的影响。
<i>This paper considers a number of hypotheses. Primary among them is the notion that foreign-owned plants spend more on pollution abatement than do domestically owned plants after controlling for productive efficiency and cognizant of the prevailing regulatory regime. The evidence drawn upon in the first econometric assessment of this contention is plant level data from the U.K. metal manufacturing industry. In essence, this study directly estimates the influence of ownership and efficiency characteristics in firms’ decisions regarding whether to spend or not on pollution control and how much to spend.</i>