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Under the Clean Air Act, the U.S Environmental Protection Agency (EPA) is required to determine the stringency of the National Ambient Air Quality Standards (NAAQS), arguably the most important federal environmental program, without considering the costs of achieving these standards. Instead, it...
Persistent link: https://www.econbiz.de/10013063199
“Flexible regulation” might sound like an oxymoron but it has become a widely accepted catch phrase for a pragmatic approach to regulation that promises the achievement of important public policy objectives at relatively low cost. Given the growing interest in flexible regulation in recent...
Persistent link: https://www.econbiz.de/10014041595
In an attempt to verify the pollution haven hypothesis, this study investigates the impact of environmental regulations on foreign direct investment (FDI). We use Korean outward FDI data covering the manufacturing sector for 2009-15. The study not only considers the stringency but also the...
Persistent link: https://www.econbiz.de/10011704340
In an attempt to verify the pollution haven hypothesis, this study investigates the impact of environmental regulations on foreign direct investment (FDI). We use Korean outward FDI data covering the manufacturing sector for 2009-15. The study not only considers the stringency but also the...
Persistent link: https://www.econbiz.de/10012114612
In an attempt to verify the pollution haven hypothesis, this study investigates the impact of environmental regulations on foreign direct investment (FDI). We use Korean outward FDI data covering the manufacturing sector for 2009-15. The study not only considers the stringency but also the...
Persistent link: https://www.econbiz.de/10012950905
This Article considers the future interaction of environmental regulation and private property rights, with an emphasis on climate change issues. It concludes that environmental issues not satisfactorily resolved at the federal level will lead to more state and local regulation that impinges on...
Persistent link: https://www.econbiz.de/10014163098
Environmental regulation often involves the need to impose limits on the ways in which individuals can use their property. From municipal bylaws protecting urban trees, to greenbelt zoning and designation of land as critical habitat for endangered species, environmental restrictions can range...
Persistent link: https://www.econbiz.de/10013112236
I model environmental overcompliance as a signalling device. In the model, a benevolent government may or may not tighten environmental standards. Production costs under the stricter environmental regulation are private information to the firms, and tightening environmental policy is socially...
Persistent link: https://www.econbiz.de/10014142492
theory, a result labeled the "Harrington paradox" in the literature. Enforcement data from Norway presented here appears, at … subject to credible threats of harsh punishment. This seems quite consistent with predictions from standard theory. Although … predicted by standard theory should be viewed with skepticism …
Persistent link: https://www.econbiz.de/10014070264
This chapter briefly describes the use and usefulness of behavioral and psychological instruments in environmental regulation. Behavioral instruments — tools for regulating behavior that build on empirical research about how people actually behave — can contribute to environmental law in at...
Persistent link: https://www.econbiz.de/10014108349