Document Type

Article

Language

eng

Format of Original

10 p.

Publication Date

3-2013

Publisher

Elsevier

Source Publication

Energy Economics

Source ISSN

0140-9883

Original Item ID

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%.

Comments

NOTICE: this is the author’s version of a work that was accepted for publication in Energy Economics. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in Energy Economics, Vol. 36, (March 2013): 205-214. DOI. © 2013 Elsevier. Used with permission.

Andrew Meyer was affiliated with Ohio Wesleyan University at the time of publication.

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