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

作者: Diana M. Burton , Irma A. Gomez , H. Alan Love

DOI: 10.22004/AG.ECON.20938

关键词: ManufacturingPulp and paper industryEconomicsEnvironmental regulationVariable (computer science)Structure (mathematical logic)Capital expenditureProduction (economics)Markov chain

摘要: 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 meet environmental is a statistically significant variable explaining increasing concentration of production capacity pulp and paper industry.

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