ANALYSIS OF THE EFFECTS OF ENVIRONMENTAL REGULATION ON PULP AND PAPER INDUSTRY STRUCTURE

Environmental regulations are hypothesized to have an impact on industry structure in manufacturing industries. A nonstationary Markov chain analysis shows that the capital expenditures required to meet environmental regulations is a statistically significant variable explaining increasing concentration of production capacity in the pulp and paper industry.


Issue Date:
1998
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/20938
Total Pages:
13
Series Statement:
Selected Paper




 Record created 2017-04-01, last modified 2017-08-24

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