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Provedor de dados:  AgEcon
País:  United States
Título:  Efficiency, Productivity and Environmental Policy: A Case Study of Power Generation in the EU
Autores:  Jaraite, Jurate
Di Maria, Corrado
Data:  2011-03-08
Ano:  2011
Palavras-chave:  Emissions Trading
EU ETS
Environmental Efficiency
Productivity Growth
Data Envelopment Analysis
Environmental Economics and Policy
O38
Q48
Q58
Resumo:  This study uses the EU public power generating sector as a case study to investigate the environmental efficiency and productivity enhancing performance of the European Union’s CO2 Emissions Trading Scheme (EU ETS) in its pilot phase. Using Data Envelopment Analysis methods, we measure the environmental efficiency and the productivity growth registered in public power generation across the EU over the 1996-2007 period. In the second stage of our analysis we attempt to explain changes in productivity and efficiency over time using state-of-the-art econometric techniques. Our analysis suggests two conclusions: on the one hand carbon pricing led to an increase in environmental efficiency and to a shift outwards of the technological frontier; on the other hand, the overly generous allocation of emission permits had a negative impact on both measures. These results are shown to be robust to changes in controls and specifications.
Tipo:  Working or Discussion Paper
Idioma:  Inglês
Identificador:  http://purl.umn.edu/101297
Relação:  Fondazione Eni Enrico Mattei (FEEM)>Sustainable Development Papers
SD
19.2011
Formato:  27
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