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Addis Ababa University Libraries Electronic Thesis and Dissertations: AAU-ETD! >
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Thesis - Economics >
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http://hdl.handle.net/123456789/3201
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| Title: | DETERMINANTS OF VOLUNTARY ENVIRONMENTALLY SOUND TECHNOLOGY ADOPTION AND AN ASSESSMENT OF DYNAMIC INCONSISTENCY IN ADOPTION DECISION IN INDUSTRY IN ETHIOPIA |
| Authors: | Bernabas, Tafesse |
| Advisors: | Dr. Alemu Mekonnen |
| Keywords: | economics |
| Copyright: | Jun-2011 |
| Date Added: | 26-Jun-2012 |
| Publisher: | AAU |
| Abstract: | The assessment of the determinants of the adoption of ESTs and the reasons for not adopting
and continuity are explored in this paper. Towards the first question, four dimensions of
possible determinants were identified. The variables that came out as most significant in the
adoption decision are the ones pertaining to the plant characteristics of the firm. Specifically,
the variables in this category are: the environmental commitment of the firm, the form of
ownership of the firm as either foreigner owned or not and its arrangement as being either
public or private, the technological capability of the firm, the number of years it has been in
operation, and the number of employees. This underlines that the diversity of the firms plays a
role in determining the EST option they adopt and thus imply the need for environmental policy
to account for the heterogeneity of the firms in its design and implementation. This was done
using the ordered probit model following the hierarchical nature of the response variables.
Towards the second question, the heckman probit selection model is used and the results
explained in the principal agent framework suggest that the form of management, among other
things, does come into play in determining whether the firm continues with ESTs or not once
they are adopted. This suggests that incentives or more generally the efficiency of mechanism
design determines the effective implementation of a venture embarked upon despite the saving
potential promised, and in cases savings earned, following the adoption of the ESTs. This
implies the need for environmental policy to take into consideration internal management issues
for effective realization of the environmental policy objectives drawn. |
| Description: | A Thesis Submitted to the School of Graduate Studies of Addis Ababa University Department
of Economics in Partial Fulfillment of the Requirements for Masters of Science in
Economics (Natural Resource and Environmental Economics) |
| URI: | http://hdl.handle.net/123456789/3201 |
| Appears in: | Thesis - Economics
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