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Does Environmental Protection Lead to Slower Productivity Growth in the Chemical Industry?

机译:环境保护会导致化学工业生产率增长放缓吗?

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摘要

Efficiency and productivity growth is measured at the three-digit SIC level for six chemical industries for 1988-1993. The directional distance function is used to measure the lost chemical manufacturing output and the overproduction of toxic chemical releases. Total factor productivity growth is decomposed into a product of efficiency change and technical change. Accounting for toxic chemical releases, productivity grows at an annual rate of between 2.4% and 6.9%. We find no evidence that environmental protection measures reduce productivity growth.
机译:1988-1993年期间,六个化学工业的效率和生产率增长以三位数SIC度量。方向距离函数用于测量化学制品生产损失和有毒化学物质释放的过量生产。全要素生产率的增长被分解为效率变化和技术变化的产物。考虑到有毒化学物质的释放,生产率以每年2.4%至6.9%的速度增长。我们没有证据表明环保措施会降低生产率的增长。

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