Emissivity is one factor, but it is dwarfed by the T^4 term. Sure, maybe if you use exotic materials you can get from 0.9 to 0.95 emissivity, but why bother? Just run the radiators a little hotter.
The equation is:
A ~ (1000 P) / (2 e k T^4)
Where A is the radiator area in square meters
P is the power in kilowatts
e is emissivity (usually 0.9)
k is the constant 5.67e-8
P and T are the dominating factors. Don't worry about emissivity.