Showing 1 - 10 of 64
Persistent link: https://www.econbiz.de/10014225981
We argue that social capital as proxied by regional trust and the Rule of Law can improve aggregate productivity through facilitating greater firm decentralization. We collect original data on the decentralization of investment, hiring, production and sales decisions from Corporate Head Quarters...
Persistent link: https://www.econbiz.de/10012463521
Roughly one-third of world trade is intrafirm trade. This paper starts by unveiling two systematic patterns in the volume of intrafirm trade. In a panel of industries, the share of intrafirm imports in total U.S. imports is significantly higher, the higher the capital intensity of the exporting...
Persistent link: https://www.econbiz.de/10012468958
Persistent link: https://www.econbiz.de/10010251919
between income level and pollution). The new specification enables us to draw conclusions from fixed effects estimation. In …
Persistent link: https://www.econbiz.de/10012470730
This paper sets out a theory of how openness to international goods markets affects pollution concentrations. We … develop a theoretical model to divide trade's impact on pollution into scale, technique, and composition effects and then … examine this theory using data on sulfur dioxide concentrations when it alters the composition, and hence the pollution …
Persistent link: https://www.econbiz.de/10012472106
: concentrations of urban air pollution; measures of the state of the oxygen regime in river basins; concentrations of fecal …
Persistent link: https://www.econbiz.de/10012474270
Over the past decade, concern over potential global warming has focused attention on the emission of greenhouse gases into the atmosphere, and there is an active debate concerning the desirability of reducing emissions. At the heart of this debate is the future path of both greenhouse gas...
Persistent link: https://www.econbiz.de/10012474715
We compare the spatial distribution of emissions from Southern California's pollution-trading program with that of a …
Persistent link: https://www.econbiz.de/10012479617
Output-based carbon regulations--such as fuel economy standards and the rate-based standards in the Clean Power Plan--create well-known incentives to inefficiently increase output. Similar distortions are created by attribute-based regulations. This paper demonstrates that, despite these...
Persistent link: https://www.econbiz.de/10012480118