Using China’s environmental tax reform in 2018 as a quasi-natural experiment, this paper identifies the effect of … raising tax rates on reducing pollution based on micro-level data of over 19 thousand firms nationwide. We estimate that for … emissions in China, which implies that previous tax rates are below the marginal abatement cost on average …

Axbard and Deng (2024) exploit the rollout of new pollution monitors in China in 2015 in 177 medium-size cities to … study the effect of air-quality monitors on enforcement actions by local governments and air quality. In their main … difference-in-difference analysis, they identify the change in the probability of enforcement for firms that are close to versus …

reductions in external damages are health benefits, highlighting the importance of accounting for co-pollution impacts of carbon …

of the reductions in external damages are health benefits, highlighting the importance of accounting for co-pollution …

environmental ("carbon") tax on polluting production, as well as the effect of government spending on pollution abatement over the … cycle. In particular, a positive shock to pollution emission in the model works like a positive technological shock, but its … effect is quantitatively very small. Allowing for pollution as a by-product of production improves the model performance …