Determinants of Pollution Abatement and Control Expenditure in Romania: A Multilevel Analysis
Guglielmo Maria Caporale
London South Bank University; Brunel University - Brunel Business School; CESifo (Center for Economic Studies and Ifo Institute for Economic Research)
University of Orleans; Université d'Évry - Centre D'Etudes des Politiques Economiques et de L'Emploi (EPEE); Université Paris I Panthéon-Sorbonne - Equipe Universitaire de Recherche en Economie Quantitative (EUREQUA); Institute for the Study of Labor (IZA); CESifo (Center for Economic Studies and Ifo Institute for Economic Research)
Academy of Economic Studies; Université Paris I Panthéon-Sorbonne - Centre Maison des Sciences Economiques
Bucharest Academy of Economic Studies; CES Sorbonne University
November 23, 2010
CESifo Working Paper Series No. 3255
The transition process in Central and Eastern Europe was associated with growing environmental awareness. This paper analyses the determinants of Pollution Abatement and Control Expenditure (PACE) at plant level in the case of Romania using survey data and a Multilevel Regression Model (MRM). Our findings suggest that, although Romania has improved its environmental performance, formal and informal regulation are still only partially developed due to the difficulties of economic transition, and heterogeneity across regions remains considerable.
Number of Pages in PDF File: 28
Keywords: Pollution Abatement and Control Expenditure, Transition Economy, Multilevel Regression Model (MRM)
JEL Classification: Q52, C29, C40working papers series
Date posted: November 25, 2010
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