Munich Personal RePEc Archive

Does Competition Prevent Industrial Pollution? Evidence from a Panel Threshold Model

Polemis, Michael and Stengos, Thanasis (2017): Does Competition Prevent Industrial Pollution? Evidence from a Panel Threshold Model.

[img]
Preview
PDF
MPRA_paper_85177.pdf

Download (573kB) | Preview

Abstract

The scope of this paper is to assess the impact of competition on industrial toxic pollution by using for the first time, a panel threshold model which allows evaluating the main drivers of toxic releases under two different market regimes. The empirical analysis is based on a micro level panel data set over the five year-period 1987-2012. We show that this relationship is statistically significant and robust above and below the threshold, even after accounting for alternative specifications of market concentration. Finally, we unmask an inverted “V-shaped” relationship between market concentration and industrial pollution.

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.