TY - JOUR
T1 - Did the financial crisis affect environmental efficiency? evidence from the Japanese manufacturing sector
AU - Fujii, Hidemichi
AU - Assaf, A. George
AU - Managi, Shunsuke
AU - Matousek, Roman
N1 - Funding Information:
This paper was supported by Grant-in-Aid for Specially Promoted Research (26000001) by Japan Society for the Promotion of Science.
Publisher Copyright:
© 2015, Society for Environmental Economics and Policy Studies and Springer Japan.
PY - 2016/4/1
Y1 - 2016/4/1
N2 - This study examined the impact of the financial crisis on the environmental and technical efficiencies of the Japanese manufacturing industry. Overall, we found that while the crisis had a negative impact on technical efficiency, it did not affect environmental efficiency—the only exception was the transportation equipment sector which improved its environmental efficiency following the crisis. Additionally, we found that capital intensity does not necessarily affect environmental efficiency. We discuss the implications of these findings and provide directions for future research.
AB - This study examined the impact of the financial crisis on the environmental and technical efficiencies of the Japanese manufacturing industry. Overall, we found that while the crisis had a negative impact on technical efficiency, it did not affect environmental efficiency—the only exception was the transportation equipment sector which improved its environmental efficiency following the crisis. Additionally, we found that capital intensity does not necessarily affect environmental efficiency. We discuss the implications of these findings and provide directions for future research.
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U2 - 10.1007/s10018-015-0127-0
DO - 10.1007/s10018-015-0127-0
M3 - Article
AN - SCOPUS:84944554103
SN - 1432-847X
VL - 18
SP - 159
EP - 168
JO - Environmental Economics and Policy Studies
JF - Environmental Economics and Policy Studies
IS - 2
ER -