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Is Voluntary Pollution Abatement in the Absence of a Carrot or Stick Effective? Evidence from Facility Participation in the EPA’s 33/50 Program

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  • Martina Vidovic

    ()

  • Neha Khanna

    ()

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    Abstract

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    File URL: http://hdl.handle.net/10.1007/s10640-011-9533-3
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    Bibliographic Info

    Article provided by European Association of Environmental and Resource Economists in its journal Environmental and Resource Economics.

    Volume (Year): 52 (2012)
    Issue (Month): 3 (July)
    Pages: 369-393

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    Handle: RePEc:kap:enreec:v:52:y:2012:i:3:p:369-393

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    Web page: http://www.springerlink.com/link.asp?id=100263

    Related research

    Keywords: Toxic releases inventory; Voluntary pollution abatement; GMM; Dynamic panel; Q53; Q58; L60;

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    References

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    1. Seema Arora & Timothy N. Cason, 1996. "Why Do Firms Volunteer to Exceed Environmental Regulations? Understanding Participation in EPA's 33/50 Program," Land Economics, University of Wisconsin Press, vol. 72(4), pages 413-432.
    2. Henriques, Irene & Sadorsky, Perry, 1996. "The Determinants of an Environmentally Responsive Firm: An Empirical Approach," Journal of Environmental Economics and Management, Elsevier, vol. 30(3), pages 381-395, May.
    3. John W. Maxwell & Thomas P Lyon & Steven C.. Hackett, 1995. "Self-Regulation and Social Welfare: The Political Economy of Corporate Environmentalism," University of Chicago - George G. Stigler Center for Study of Economy and State 122, Chicago - Center for Study of Economy and State.
    4. M Arellano & O Bover, 1990. "Another Look at the Instrumental Variable Estimation of Error-Components Models," CEP Discussion Papers dp0007, Centre for Economic Performance, LSE.
    5. Kim, Eun-Hee & Lyon, Thomas P., 2011. "Strategic environmental disclosure: Evidence from the DOE's voluntary greenhouse gas registry," Journal of Environmental Economics and Management, Elsevier, vol. 61(3), pages 311-326, May.
    6. Segerson, Kathleen & Miceli, Thomas J., 1998. "Voluntary Environmental Agreements: Good or Bad News for Environmental Protection?," Journal of Environmental Economics and Management, Elsevier, vol. 36(2), pages 109-130, September.
    7. Gamper-Rabindran, Shanti, 2006. "Did the EPA's voluntary industrial toxics program reduce emissions? A GIS analysis of distributional impacts and by-media analysis of substitution," Journal of Environmental Economics and Management, Elsevier, vol. 52(1), pages 391-410, July.
    8. Bond, Stephen & Meghir, Costas, 1994. "Dynamic Investment Models and the Firm's Financial Policy," Review of Economic Studies, Wiley Blackwell, vol. 61(2), pages 197-222, April.
    9. Khanna, Madhu & Damon, Lisa A., 1999. "EPA's Voluntary 33/50 Program: Impact on Toxic Releases and Economic Performance of Firms," Journal of Environmental Economics and Management, Elsevier, vol. 37(1), pages 1-25, January.
    10. Vidovic, Martina & Khanna, Neha, 2007. "Can voluntary pollution prevention programs fulfill their promises? Further evidence from the EPA's 33/50 Program," Journal of Environmental Economics and Management, Elsevier, vol. 53(2), pages 180-195, March.
    11. Arellano, Manuel & Bond, Stephen, 1991. "Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations," Review of Economic Studies, Wiley Blackwell, vol. 58(2), pages 277-97, April.
    12. Arimura, Toshi H. & Darnall, Nicole & Katayama, Hajime, 2011. "Is ISO 14001 a gateway to more advanced voluntary action? The case of green supply chain management," Journal of Environmental Economics and Management, Elsevier, vol. 61(2), pages 170-182, March.
    13. Blackman, Allen & Lahiri, Bidisha & Pizer, William A. & Planter, Marisol Rivera & Piña, Carlos Muñoz, 2010. "Voluntary Environmental Regulation in Developing Countries: Mexico's Clean Industry Program," Discussion Papers dp-07-36-rev, Resources For the Future.
    14. Abdoul G. Sam & Madhu Khanna & Robert Innes, 2009. "Voluntary Pollution Reduction Programs, Environmental Management, and Environmental Performance: An Empirical Study," Land Economics, University of Wisconsin Press, vol. 85(4), pages 692-711.
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    Cited by:
    1. Carrión-Flores, Carmen E. & Innes, Robert & Sam, Abdoul G., 2013. "Do voluntary pollution reduction programs (VPRs) spur or deter environmental innovation? Evidence from 33/50," Journal of Environmental Economics and Management, Elsevier, vol. 66(3), pages 444-459.

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