Does pollution prevention reduce toxic releases? A dynamic panel data model

Donna Ramirez Harrington, George Deltas, Madhu Khanna

Research output: Contribution to journalArticlepeer-review

Abstract

We investigate the effectiveness of voluntary pollution prevention activities in reducing toxic releases from facilities that reported to the U.S. Environmental Protection Agency's Toxics Release Inventory from 1991-2001, using generalized method of moments dynamic panel data models that recognize the potential endogeneity of the pollution prevention adoption decision on toxic releases. We find that pollution prevention adoption had a negative impact on toxic releases. The estimated coefficients suggest that the effect of pollution prevention adoption is substantial, but short-lived, dissipating within 4 to 5 years. However, a continual adoption of pollution prevention techniques leads to lower steady-state releases, with estimated reductions between 35% and 50%.

Original languageEnglish (US)
Pages (from-to)199-221
Number of pages23
JournalLand Economics
Volume90
Issue number2
DOIs
StatePublished - May 2014

ASJC Scopus subject areas

  • Environmental Science (miscellaneous)
  • Economics and Econometrics

Fingerprint Dive into the research topics of 'Does pollution prevention reduce toxic releases? A dynamic panel data model'. Together they form a unique fingerprint.

Cite this