Efficiency, productivity and environmental policy: A case study of power generation in the EU

Efficiency, productivity and environmental policy: A case study of power generation in the EU
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DOI:
10.1016/j.eneco.2011.11.017
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发表时间:
2012-09-01
期刊:
影响因子:
12.8
通讯作者:
Di Maria, Corrado
Di Maria, Corrado
中科院分区:
经济学2区
文献类型:
--
作者:
Jaraite, Jurate;Di Maria, Corrado

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本研究以欧盟公共发电部门为例,探讨欧盟二氧化碳排放交易计划(EU ETS)第一阶段的环境效率和生产力提升绩效。使用数据包络分析方法,我们衡量的环境效率和生产率的增长,在整个欧盟的公共发电在1996-2007年期间注册。在分析的第二阶段,我们试图用计量经济学的方法解释生产率和效率随时间的变化。我们的分析表明两个结论:碳定价导致环境效率的提高和技术前沿的向外转移;过度慷慨的排放许可分配对这两项措施产生了负面影响。这些结果对控制和质量标准的变化具有稳健性。(C)2011爱思唯尔有限公司版权所有。
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 first 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 econometric techniques. Our analysis suggests two conclusions: carbon pricing led to an increase in environmental efficiency and to a shift outwards of the technological frontier; and, 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. (C) 2011 Elsevier B.V. All rights reserved.