Impacts of ownership changes on emissions and industrial production: evidence from Europe

Firm ownership is a major determinant for the economic performance of firms, and emissions of pollutants are often by-products of industrial production. We investigate the impact of ownership on pollutant emissions of firms and their industrial facilities in Europe jointly with their output, product...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Hauptverfasser: Chlond, Bettina (VerfasserIn) , Germeshausen, Robert (VerfasserIn)
Dokumenttyp: Buch/Monographie Arbeitspapier
Sprache:Englisch
Veröffentlicht: Mannheim, Germany ZEW - Leibniz Centre for European Economic Research [2024]
Ausgabe:This version: October 7, 2024
Schriftenreihe:Discussion paper no. 23, 016 (10/2024)
In: Discussion paper (no. 23, 016 (10/2024))

Schlagworte:
Online-Zugang:Verlag, kostenfrei: https://ftp.zew.de/pub/zew-docs/dp/dp23016.pdf?_gl=1*vmprq3*_ga*MjAxNTAxMzUyNy4xNzMxOTk5Njgz*_ga_KFD4G5CY27*MTczMTk5OTY4My4xLjEuMTczMTk5OTc1OC4wLjAuMA..
Resolving-System, kostenfrei: https://hdl.handle.net/10419/305319
Volltext
Verfasserangaben:Bettina Chlond, Robert Germeshausen

MARC

LEADER 00000cam a2200000 c 4500
001 1908934735
003 DE-627
005 20241203143223.0
007 cr uuu---uuuuu
008 241119s2024 gw |||||o 00| ||eng c
024 7 |a 10419/305319  |2 hdl 
035 |a (DE-627)1908934735 
035 |a (DE-599)KXP1908934735 
035 |a (OCoLC)1472059957 
040 |a DE-627  |b ger  |c DE-627  |e rda 
041 |a eng 
044 |c XA-DE 
084 |a 17  |2 sdnb 
084 |a D22  |a D23  |a Q53  |2 jelc 
100 1 |a Chlond, Bettina  |d 1995-  |e VerfasserIn  |0 (DE-588)1259771067  |0 (DE-627)1806874512  |4 aut 
245 1 0 |a Impacts of ownership changes on emissions and industrial production  |b evidence from Europe  |c Bettina Chlond, Robert Germeshausen 
250 |a This version: October 7, 2024 
264 1 |a Mannheim, Germany  |b ZEW - Leibniz Centre for European Economic Research  |c [2024] 
300 |a 1 Online-Ressource (circa 89 Seiten)  |b Illustrationen 
336 |a Text  |b txt  |2 rdacontent 
337 |a Computermedien  |b c  |2 rdamedia 
338 |a Online-Ressource  |b cr  |2 rdacarrier 
490 1 |a Discussion paper / ZEW  |v no. 23, 016 (10/2024) 
520 |a Firm ownership is a major determinant for the economic performance of firms, and emissions of pollutants are often by-products of industrial production. We investigate the impact of ownership on pollutant emissions of firms and their industrial facilities in Europe jointly with their output, productivity, and other key economic outcomes. To disentangle the influence of ownership from other firm characteristics, we analyse the effects of ownership changes in an event-study approach. We find that facilities and firms do not change their emissions and emissions intensity if they remain in operation after a change in ownership. Firms that shut down after acquisition strongly reduce their emissions via reductions in output. The reductions cannot be attributed to the ownership change as they already start before acquisition. There is no evidence for transfers in pollution abatement technologies between target and acquiring parent company. Overall, we do not find environmental benefits from ownership changes. 
650 4 |a Ownership changes 
650 4 |a pollution 
650 4 |a productivity 
650 4 |a event study 
655 4 |0 (DE-206)34  |a Graue Literatur  |5 DE-206 
700 1 |a Germeshausen, Robert  |d 1987-  |e VerfasserIn  |0 (DE-588)1158627343  |0 (DE-627)1020611057  |0 (DE-576)50425751X  |4 aut 
830 0 |a Discussion paper  |v no. 23, 016 (10/2024)  |9 2023,16  |w (DE-627)1677802278  |w (DE-600)2985404-0  |7 am 
856 4 0 |u https://ftp.zew.de/pub/zew-docs/dp/dp23016.pdf?_gl=1*vmprq3*_ga*MjAxNTAxMzUyNy4xNzMxOTk5Njgz*_ga_KFD4G5CY27*MTczMTk5OTY4My4xLjEuMTczMTk5OTc1OC4wLjAuMA..  |x Verlag  |z kostenfrei 
856 4 0 |u https://hdl.handle.net/10419/305319  |x Resolving-System  |z kostenfrei 
951 |a BO 
992 |a 20250710 
993 |a WorkingPaper 
994 |a 2024 
998 |g 1259771067  |a Chlond, Bettina  |m 1259771067:Chlond, Bettina  |d 180000  |e 180000PC1259771067  |k 0/180000/  |p 1  |x j 
999 |a KXP-PPN1908934735  |e 4744796893 
BIB |a Y 
JSO |a {"recId":"1908934735","relMultPart":[{"disp":"Discussion paper / ZEW","recId":"1677802278","physDesc":[{"extent":"Online-Ressource"}],"dispAlt":"Discussion paper","title":[{"title_sort":"Discussion paper","title":"Discussion paper"}],"language":["eng"],"type":{"media":"Online-Ressource","bibl":"serial"},"origin":[{"publisher":"[ZEW]","dateIssuedKey":"2019","dateIssuedDisp":"2019-","publisherPlace":"[Mannheim]"}],"id":{"zdb":["2985404-0"],"hdl":["10419/17"],"eki":["1677802278"]},"part":{"number":["no. 23, 016 (10/2024)"],"number_sort":["2023,16"]},"name":{"displayForm":["ZEW"]},"titleAlt":[{"title":"ZEW discussion paper"}],"pubHistory":["No. 19,0001 (2019, 01)-"],"corporate":[{"role":"isb","display":"ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung"}]}],"physDesc":[{"noteIll":"Illustrationen","extent":"1 Online-Ressource (circa 89 Seiten)"}],"title":[{"subtitle":"evidence from Europe","title_sort":"Impacts of ownership changes on emissions and industrial production","title":"Impacts of ownership changes on emissions and industrial production"}],"id":{"hdl":["10419/305319"],"eki":["1908934735"]},"language":["eng"],"type":{"bibl":"book","media":"Online-Ressource"},"person":[{"family":"Chlond","role":"aut","given":"Bettina","display":"Chlond, Bettina"},{"display":"Germeshausen, Robert","family":"Germeshausen","role":"aut","given":"Robert"}],"name":{"displayForm":["Bettina Chlond, Robert Germeshausen"]},"origin":[{"publisher":"ZEW - Leibniz Centre for European Economic Research","edition":"This version: October 7, 2024","dateIssuedDisp":"[2024]","publisherPlace":"Mannheim, Germany","dateIssuedKey":"2024"}]} 
SRT |a CHLONDBETTIMPACTSOFO2024