Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/118085 
Year of Publication: 
2003
Series/Report no.: 
Nota di Lavoro No. 48.2003
Publisher: 
Fondazione Eni Enrico Mattei (FEEM), Milano
Abstract: 
We use a hazard model to estimate the effect of environmental regulation on the diffusion of membrane cell production technology in the chlorine manufacturing industry. We estimate the effect of regulation on both the adoption of the membrane technology at existing plants and on the exit of existing plants using older technologies. We find that environmental regulation did affect the diffusion of the cleaner technology in the chlorine industry. However, it did so not by encouraging the adoption of membrane cells by existing facilities, but by reducing the demand for chlorine and hence encouraging the shutdown of facilities using the environmentally inferior options.
Subjects: 
Regulation
Technological change
Environment
Hazard model
JEL: 
Q20
Q28
L50
L65
Document Type: 
Working Paper

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