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This paper examines the impact of environmental regulation on the productivity of manufacturing plants in the United States. Establishment-level data from three Censuses of Manufactures are used to estimate 3-factor Cobb-Douglas production functions that include a measure of the stringency of...
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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...
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