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CO2 Emission and Firm Heterogeneity: A Study of Metals & Metal based Industries in India

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  • K., Narayanan
  • Sahu, Santosh Kumar

Abstract

Industrial energy efficiency has emerged as one of the key issues in India. The increasing demand for energy that leads to growing challenge of climate change has resulted major issues. It is obvious that high-energy intensity leads to high carbon intensity of the economy. This paper is an attempt to estimate the firm level CO2 emissions for the metals and metal based industries in Indian manufacturing. Calculation of firm level emissions is carried out following IPCC reference approach methodology of Carbon Dioxide emission from fuel combustion. We tried to find out the inter-firm differences of CO2 emission in the metals and metal based industries. In finding out the determinants of CO2 emission at firm level we have examined whether the firm heterogeneity matters for the differences in emission at firm level. Data for this study is collated from the CMIE PROWESS online database from 2000-2008, IEA energy statistics and IPCC conversion factors for each of the fuel types.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 38061.

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Date of creation: 22 Feb 2012
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Handle: RePEc:pra:mprapa:38061

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Keywords: CO2 emission; Firm heterogeneity; Panel data econometrics; Metals and Metal based industries;

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  1. Andreas Ziegler & Michael Schröder & Klaus Rennings, 2007. "The effect of environmental and social performance on the stock performance of european corporations," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 37(4), pages 661-680, August.
  2. Valentin Zelenyuk & Vitaliy Zheka, 2006. "Corporate Governance and Firm’s Efficiency: The Case of a Transitional Country, Ukraine," Journal of Productivity Analysis, Springer, vol. 25(1), pages 143-157, 04.
  3. Brunnermeier, Smita B. & Cohen, Mark A., 2003. "Determinants of environmental innovation in US manufacturing industries," Journal of Environmental Economics and Management, Elsevier, vol. 45(2), pages 278-293, March.
  4. Doonan, Julie & Lanoie, Paul & Laplante, Benoit, 2005. "Determinants of environmental performance in the Canadian pulp and paper industry: An assessment from inside the industry," Ecological Economics, Elsevier, vol. 55(1), pages 73-84, October.
  5. Foulon, Jerome & Lanoie, Paul & Laplante, Benoit, 2002. "Incentives for Pollution Control: Regulation or Information?," Journal of Environmental Economics and Management, Elsevier, vol. 44(1), pages 169-187, July.
  6. Andrew B. Bernard & J. Bradford Jensen, 2001. "Why Some Firms Export," NBER Working Papers 8349, National Bureau of Economic Research, Inc.
  7. Cole, Matthew A. & Elliott, Robert J.R. & Shimamoto, Kenichi, 2005. "Industrial characteristics, environmental regulations and air pollution: an analysis of the UK manufacturing sector," Journal of Environmental Economics and Management, Elsevier, vol. 50(1), pages 121-143, July.
  8. Sahu, Santosh & Narayanan, K, 2010. "Determinants of Energy Intensity in Indian Manufacturing Industries: A Firm Level Analysis," MPRA Paper 21646, University Library of Munich, Germany.
  9. Faruq Hasan A & Yi David T., 2010. "The Determinants of Technical Efficiency of Manufacturing Firms in Ghana," Global Economy Journal, De Gruyter, vol. 10(3), pages 1-23, October.
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