Title: A multinomial logit model of the factors influencing the adoption of environmental technologies in the pulp and paper sector in Spain

Authors: Pablo Del Rio Gonzalez, Miguel Angel Tarancon Moran

Addresses: Department of Economics and Business, Facultad de Ciencias Juridicas y Sociales de Toledo, Universidad de Castilla-La Mancha, C/ Cobertizo de S. Pedro Martir s/n, Toledo 45071, Spain. ' Department of Economics and Business, Facultad de Ciencias Juridicas y Sociales de Toledo, Universidad de Castilla-La Mancha, C/ Cobertizo de S. Pedro Martir s/n, Toledo 45071, Spain

Abstract: This paper provides an econometric analysis of the factors leading to environmental technology adoption in the pulp and paper industry in Spain. Three sets of interrelated factors influencing the widespread adoption of these technologies are considered: factors external to the firm, characteristics of the environmental technology and internal characteristics and conditions of the potential adopters. A multinomial logit model is applied to the pulp and paper sector in Spain to explain the role of those factors in the adoption of different environmental technology types. It is shown that this adoption does not depend on environmental regulation but rather on market and economic variables (i.e., cost savings and the exploitation of a green image).

Keywords: environmental technology; pulp and paper industry; technology adoption; multinomial logit models; Spain; technological change; sustainable development.

DOI: 10.1504/IJETM.2005.007760

International Journal of Environmental Technology and Management, 2005 Vol.5 No.4, pp.319 - 346

Published online: 15 Sep 2005 *

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