Economics & Business Faculty Work
Title
Environmental Performance of State-Owned and Privatized Eastern European Energy Utilities
Document Type
Article
Publication Date
2013
Publication Title
Energy Economics
Volume Number
36
DOI
10.1016/j.eneco.2012.08.019
Abstract
Privatization in Eastern Europe has helped in the transition of the region's economies from planned to free market. However, the effects of privatization on the environment are relatively unknown and many firms remain under state ownership today. We compare the environmental performance of state-owned and privatized energy utility plants in Eastern Europe utilizing a novel panel data that includes reported sulfur dioxide emissions, energy input, and ownership status. We find that state-owned plants emit more sulfur dioxide than privately owned plants; this is environmentally significant as privatization is associated with a reduction in emissions of about 55%.
ISSN
0140-9883
First Page
205
Last Page
214
Recommended Citation
Meyer, Andrew and Pac, Grzegorz, "Environmental Performance of State-Owned and Privatized Eastern European Energy Utilities" (2013). Economics & Business Faculty Work. 10.
https://digitalcommons.owu.edu/econ_pubs/10
Link Out URL
https://doi.org/10.1016/j.eneco.2012.08.019