{"id":9285,"date":"2022-07-27T06:58:35","date_gmt":"2022-07-27T06:58:35","guid":{"rendered":"https:\/\/depocen.org\/publications\/assessing-the-impact-of-formal-and-informal-regulations-onenvironmental-and-economic-performance-of-brazilianmanufacturing-firms\/"},"modified":"2022-07-27T06:58:35","modified_gmt":"2022-07-27T06:58:35","slug":"assessing-the-impact-of-formal-and-informal-regulations-onenvironmental-and-economic-performance-of-brazilianmanufacturing-firms","status":"publish","type":"publications","link":"https:\/\/depocen.org\/en\/publications\/assessing-the-impact-of-formal-and-informal-regulations-onenvironmental-and-economic-performance-of-brazilianmanufacturing-firms\/","title":{"rendered":"Assessing the impact of formal and informal regulations on\r\nenvironmental and economic performance of Brazilian\r\nmanufacturing firms"},"content":{"rendered":"<p>This study investigates the impact of formal and informal regulations on environmental<br \/>\nand economic performance of Brazilian manufacturing firms. We adopt a dual approach<br \/>\nwhere production technology is represented by a cost function, approximated by a translog<br \/>\nform. Pollution is considered as a negative by-product that can be modified trough using<br \/>\neither formal regulation (inspections or sanctions) or informal regulation (community pressure).<br \/>\nA simultaneous equation model is estimated by three-state least squares on a sample<br \/>\nof 404 industrial establishments located in the state of Sao Paulo, Brazil. We show that pollution<br \/>\nabatement costs for the Brazilian manufacturing sector are different from zero which<br \/>\nsuggests that pollution emissions are affected by environmental regulation. We also demonstrate<br \/>\nthat environmental performance of firms is jointly affected by formal and informal<br \/>\nregulation. Lastly, formal regulation is largely influenced by informal regulation and more<br \/>\nspecifically by community pressure.<\/p>\n","protected":false},"featured_media":0,"template":"","cate_publications":[],"author_publications":[1932,1933],"topic_publications":[],"class_list":["post-9285","publications","type-publications","status-publish","hentry","author_publications-arnaud-reynaud","author_publications-arnaud-reynaud-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/depocen.org\/en\/wp-json\/wp\/v2\/publications\/9285","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/depocen.org\/en\/wp-json\/wp\/v2\/publications"}],"about":[{"href":"https:\/\/depocen.org\/en\/wp-json\/wp\/v2\/types\/publications"}],"wp:attachment":[{"href":"https:\/\/depocen.org\/en\/wp-json\/wp\/v2\/media?parent=9285"}],"wp:term":[{"taxonomy":"cate_publications","embeddable":true,"href":"https:\/\/depocen.org\/en\/wp-json\/wp\/v2\/cate_publications?post=9285"},{"taxonomy":"author_publications","embeddable":true,"href":"https:\/\/depocen.org\/en\/wp-json\/wp\/v2\/author_publications?post=9285"},{"taxonomy":"topic_publications","embeddable":true,"href":"https:\/\/depocen.org\/en\/wp-json\/wp\/v2\/topic_publications?post=9285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}