Quotation Bremberger, Christoph, Bremberger, Francisca, Luptacik, Mikulas, Schmitt, Stephan. 2015. Regulatory impact of environmental standards on the eco-efficiency of firms. JORS. Journal of the Operational Research Society (früher: Operational Research Quarterly) 66 (3), 421-433.


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Abstract

In this paper we propose an approach to implement environmental standards into Data Envelopment Analysis (DEA) and in this way to measure their regulatory impact on eco-efficiency of firms. As one standard feature of basic DEA models (as e.g. CCR from Charnes et al. (1978)) lies in the exogeneity of inputs, desirable and undesirable outputs, it is not possible to introduce environmental constraints for these parameters directly into basic DEA models. Therefore, we use a bounded-variable way, which allows constraints on the efficiency frontier. The regulatory impact is assessed as difference in eco-efficiency scores before and after fictive introduction of an environmental standard. Furthermore, we distinguish between weak and strong disposability of undesirable outputs and develop corresponding models. Assessing the regulatory impact of environmental standards in advance provides support for environmental policy makers in choosing appropriate instruments and in adjusting the intensity of regulation.

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Journal article
Journal JORS. Journal of the Operational Research Society (früher: Operational Research Quarterly)
Citation Index SSCI
WU Journalrating 2009 A
WU-Journal-Rating new FIN-A, INF-A, STRAT-B, WH-B
Language English
Title Regulatory impact of environmental standards on the eco-efficiency of firms
Volume 66
Number 3
Year 2015
Page from 421
Page to 433
Reviewed? Y
DOI http://dx.doi.org/10.1057/jors.2013.176

Associations

People
Bremberger, Christoph (Former researcher)
Bremberger, Francisca (Details)
Luptacik, Mikulas (Details)
Schmitt, Stephan (Former researcher)
Organization
Corporate Governance IN (Details)
Research Institute for Regulatory Economics FI (Details)
Institute for Macroeconomics IN (Details)
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