This study models the joint production of good and bad output production and calculates traditional productivity when bad output production is regulated and when it is unregulated. We apply this model to data for U.S. coal-fired electric power plants for 1985-1995 and compare rates of...

It remains an open question whether the impact of environmental regulations differs by the size of the business. Such differences might be expected because of statutory, enforcement, and/or compliance asymmetries. Here, we consider the net effect of these three asymmetries, by estimating the...

A Malmquist-Luenberger productivity index is employed to account for both marketed output and the output of pollution abatement activities of U.S. state manufacturing sectors for 1974-1986. The index allows us to decompose the change in productivity into measures of change in efficiency and...