Eco-Efficiency Evaluation Considering Environmental Stringency

Eco-Efficiency Evaluation Considering Environmental Stringency

This paper proposes an extended data envelopment analysis (DEA) model for deriving eco-efficiency. In order to derive eco-efficiency, the proposed model utilizes the concepts of operational efficiency and environmental efficiency. Since DEA can separately measure operational efficiency and environmental efficiency, the treatment for constructing the unified indicator is required to ultimately e...

Shadow prices, environmental stringency, and international competitiveness

Empirical tests of the relationship between international competitiveness and the severity of environmental regulations are hampered by the lack of pollution abatement cost data for nonU.S. countries. The theory of the firm suggests that environmental stringency can be measured by the difference between a polluting input’s shadow price and its market price. We make a first attempt at quantifyin...

The efficiency and eco-efficiency of manufacturing

In this paper, we review the efficiency of both manufacturing processes and systems over recent decades and compare nano-materials technologies in this context. To a first approximation, nano-materials processes appear to be about as efficient as semi-conductor processes. That is, their second law efficiencies are of the order 10, while conventional processes are of order 10. However, many of t...

The Stringency of Environmental Regulation and the 'porter Hypothesis' the Stringency of Environmental Regulation and the 'porter Hypothesis'

Most empirical evidence indicates that the costs of environmental regulation represent a minor fraction of total production costs. This finding is at odds with the assumption of stringent environmental regulation of both propo-nents and opponents of the 'Porter Hypothesis'. A possible explanation may be provided by examining the nego-tiation of environmental regulation in a 'political market'. ...

Eco-Efficiency in Corporate Budgeting