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Measuring the efficiency of power plant systems requires capturing fluctuations in the level of sales to customers as well as accounting for the effects of regulatory caps on emissions. This study proposes a novel effectiveness measure considering desirable outputs and undesirable outputs via data envelopment analysis (DEA). The new measure complements typical efficiency measures. We test the validity...
Environmental management measures are commonly used in international trade. Though they may have some restricting effects on export trade volume in short run, they can stimulate environmentally sound technology innovation in the long run. The innovation offset trigged by stringent environmental regulations will improve the firms international competitiveness.
Porter Hypothesis points that proper environmental regulation can promote technical innovation. In order to verify the applicability of Porter Hypothesis in China, this paper uses China provincial panel data from 1999 to 2007 to make empirical study on the relation between environmental regulation and technical innovation. The results reveal that the relation is significantly positive. When the degree...
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