Sustainable performance-oriented production practices in the Indian iron and steel industry: An empirical investigation
Bali N, Panta MP, Antelo M.
Journal of Cleaner Production 226: 379-391
India
In this paper, author formulate the sustainable-structure-conduct-performance (S-SCP) paradigm as an ex-ante remedial measure by mimicking the structure-conduct-performance (SCP) paradigm to reduce the GHGs. By using a dynamic panel data, the workability of the S-SCP paradigm was tested on CO2 emissions for selected major Indian iron and steel industries (IISI). Our findings show that the green relative index was positively significant in respect of green value added (GREVA). However, green R&D and barriers to entry and exit were negatively significant in respect of GREVA. Overall, the S-SCP paradigm's test in ISII suggests that the incorporation of social cost into the firm's structure and conduct will achieve sustainable performance-oriented production practices that reduce CO2 emissions.
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