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| Registros recuperados: 14 | |
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| Sam, Abdoul G.; Innes, Robert; Khanna, Madhu. |
| EPA-sponsored voluntary pollution reduction programs (VPR) have gained increased prominence in U.S. environmental policy. However, as commitments to these programs are not enforceable by design, the empirical literature has mostly focused on studying the motives for their adoption and their efficacy in curbing pollution. This paper seeks (i) to shed light on the bi-directional links between participation in a VPR and adoption of firm-structured environmental management strategies (EMS), and (ii) the joint impact of VPRs and EMS adoption on the environmental performance of participant firms. Our econometric analysis reveals that participation in the 33/50 program, helped spur the adoption of Total Quality Environment Management (TQEM), which in turn had a... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Environmental Economics and Policy. |
| Ano: 2006 |
URL: http://purl.umn.edu/21192 |
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| Innes, Robert; Carman, Hoy F.. |
| This paper models optimal beef cow replacement strategy in a stochastic environment under U.S. income tax rules effective before and after the Tax Reform Act of 1986. Under each tax regime, the producer's buy versus raise decision and optimal culling age choice are analyzed. Per-cow profit levels are also calculated. Results of the numerical analysis indicate that tax law changes, particularly the loss of the capital gains exclusion and restrictions on preproduction expensing, will have significant effects on both optimal decisions and profitability of beef cow operations. When provisions of the Tax Reform Act of 1986 are fully effective in 1988, the optimum age for culling beef cow will increase, as will the after-tax costs of beef cow operations. |
| Tipo: Journal Article |
Palavras-chave: Agricultural Finance; Livestock Production/Industries; Public Economics. |
| Ano: 1988 |
URL: http://purl.umn.edu/32112 |
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| Bjornson, Bruce; Innes, Robert. |
| This article develops and estimates an explicit-factor Arbitrage Pricing Theory (APT) model in an endeavor to uncover (a) the systematic risk properties of returns to agricultural assets, (b) the relationship between agricultural returns and returns on comparable-risk nonagricultural assets, and (c) the possible relevance of agriculture-related risks in general capital markets. The article concludes that: (a) farmer-held assets have exhibited significant systematic/ factor risk over the 1963-82 estimation interval, but U.S. farmland has not exhibited such risk; (b) a grain-price index has been a priced factor in general capital markets; and (c) average returns on farmer-held assets have been significantly lower; and average returns on U.S. farmland... |
| Tipo: Journal Article |
Palavras-chave: Agricultural Finance. |
| Ano: 1992 |
URL: http://purl.umn.edu/30946 |
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| Bhattacharya, Haimanti; Innes, Robert. |
| This paper presents an empirical analysis of the relationship between rural poverty and environmental change using district-level data from South, Central and West India. Unlike prior works, this study puts the hypothesis of bi-directional link between poverty and environment to econometric test. Environmental change is measured using a satellite-based vegetation index. Consonant with the dominant view in the literature, the evidence suggests that rural poverty spur vegetation degradation. The results also indicate that the vegetation degradation spurs rural poverty but the magnitude of the effect varies across sub regions classified on the basis of geographic and climatic factors. Thus these results provide evidence in support of existence of a... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Food Security and Poverty. |
| Ano: 2006 |
URL: http://purl.umn.edu/21201 |
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| Carrion-Flores, Carmen E.; Innes, Robert; Sam, Abdoul G.. |
| In the context of the EPA's 33/50 program, we study whether a VPR can prompt firms to develop new environmental technologies that yield future emission reduction benefits. Because pollutant reductions generally require costly reformulations of products and/or production processes, environmental over-compliance induced by a VPR may potentially spur environmental innovation that can reduce these costs. Conversely, a VPR may induce a participating firm to divert resources from environmental research to environmental monitoring and compliance activities that yield short-term benefits in reduced emissions. We find evidence that higher rates of 33/50 program participation are associated with significant reductions in the number of successful environmental... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Research and Development/Tech Change/Emerging Technologies. |
| Ano: 2006 |
URL: http://purl.umn.edu/21124 |
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| Innes, Robert; Sam, Abdoul G.. |
| We broaden the existing empirical literature on environmental regulation and voluntary pollution abatement programs by testing the effects of implicit boycott threats and a firm's participation in a partnership program on its subsequent regulatory oversight using EPA's 33/50 program as a research experiment. Our results are consistent with the hypothesis of a preemptive self-selection to deter consumer boycotts. The findings also indicate that (1) predetermined corrective actions constitute a significant determinant of voluntary participation and (2) EPA reciprocated to voluntary participation by easing regulatory oversight on participants. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Environmental Economics and Policy. |
| Ano: 2003 |
URL: http://purl.umn.edu/21945 |
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| Innes, Robert; Mitra, Arnab. |
| This paper studies the potential effects of political pressure on environmental law enforcement in the Unites States. Prior work, most notably the key works of Deily and Gray, document the sensitivity of U.S. environmental enforcement to economic circumstances of regulated firms. However, the sensitivity of environmental enforcement may be motivated not only by cost-benefit criterion (economic costs of environmental enforcement against troubled firms in high unemployment areas are high) but also by political considerations, and most likely both. We are interested in identifying whether political influence directly affected environmental enforcement during the years 1990-2005, which cover most part of the Bush and Clinton administrations. Using political,... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Environmental Economics and Policy. |
| Ano: 2008 |
URL: http://purl.umn.edu/6128 |
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| Bhattacharya, Haimanti; Innes, Robert. |
| This study analyzes the relationship between market concentration and new product introductions using an extensive annual panel data set covering the period 1983 to 2004 from the US processed food industry. We test the new theory, which argues that new product introductions are influenced by the anticipation of future mergers. The evidence suggests that market concentration increases new product introductions and product introductions spur subsequent mergers in the US processed food industry. Hence it provides evidence in support of the anticipatory mergers theory. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Food Consumption/Nutrition/Food Safety; Marketing. |
| Ano: 2007 |
URL: http://purl.umn.edu/9352 |
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| Gupta, Sonam; Innes, Robert. |
| This paper studies the links between private politics, environmental performance of firms and regulatory activity by the government. Following the terminology coined by Baron (2001), "private politics" refers to the individual or collective actions initiated by public interest and activist groups to further their objectives without relying on the law or regulation. In this paper, we focus on the determinants and effects of two such private political actions, boycotts and proxy contests. We have unique data on boycotts for the time period 1988-95 and on proxy votes for the time period 1988-2000. We find that the size of a firm is an important predictor of the fact if a firm will be chosen as a target of an activist campaign. We find MIXED support for... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Political Economy. |
| Ano: 2008 |
URL: http://purl.umn.edu/6238 |
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| Bhattacharya, Haimanti; Innes, Robert. |
| This paper presents an empirical study of population growth and environmental change using cross-sectional district-level data from South, Central and West India. Environmental change is measured using a satellite-based "greenness" index. Unlike prior work, the analysis treats population and environmental change as jointly determined, distinguishes between rural and urban populations, and identifies distinct roles of fertility and migration. Among key findings are that population and "greenness" are jointly endogenous; increased rural fertility leads to environmental decline, which in turn prompts increased fertility; environmental scarcity spurs out-migration and environmental improvement; and increased urban fertility may lead to increased... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Environmental Economics and Policy. |
| Ano: 2005 |
URL: http://purl.umn.edu/19404 |
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| Guerrero, Santiago; Innes, Robert. |
| State-level statutes provide firms that engage in environmental self-audits, and that self-report their environmental violations, with a variety of different regulatory rewards, including "immunity" from penalties and "privilege" for information contained in self-audits. This paper studies a panel of State-level industries from 1989-2003, in order to determine the effects of the different statutes on toxic pollution and government inspections. We find that, by encouraging self-auditing, privilege and limited immunity protections tend to reduce pollution and government enforcement activity; however, more sweeping immunity protections, by reducing firms' pollution prevention incentives, raise toxic pollution and government inspection oversight. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Environmental Economics and Policy. |
| Ano: 2008 |
URL: http://purl.umn.edu/6204 |
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| Hamilton, Stephen F.; Innes, Robert. |
| This paper considers vertical restraints in a multi-market retail setting in which each retailer sells the complete line of manufactured goods. Vertical restraints by one manufacturer on the retailers of its product serve as an instrument to exert horizontal control over the retail price of a rival manufactured good. Applications are developed for supermarket retailing, where the manufacturer of a national brand sold at both supermarkets can employ vertical restraints to control the pricing of the retailer's competing private labels, and for the personal computer industry, where the manufacturer of an essential computer component can use vertical restraints to control the pricing of complementary components bundled with the essential component by... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Contracting; Vertical restraints; Monopolization.; Marketing; L13; L14; L42; D43.. |
| Ano: 2006 |
URL: http://purl.umn.edu/21424 |
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| Innes, Robert; Carrion-Flores, Carmen E.. |
| The purpose of this paper is to study the empirical strength of the bi-directional linkages between environmental standards and performance, on the one hand, and environmental innovation, on the other and, hence, the role of policy in spurring environmental R&D and, in turn, ultimate environmental performance. We study these links using an alternative measure of policy stringency, namely, pollutant emissions themselves. Specifically, we examine 107 manufacturing industries at the three-digit SIC code for the period 1989 - 2002. In view of the joint determination of research and pollution outcomes, we estimate a system of simultaneous equations, using appropriate instruments to identify each endogenous variable. Our empirical results reveal that there... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Environmental Economics and Policy. |
| Ano: 2005 |
URL: http://purl.umn.edu/19162 |
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| Registros recuperados: 14 | |
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