In recent years, cases in which state governments chose to override federal environmental regulation with tighter … paper argues that this change arose at least in part because of a shift in the type of regulation used at the federal level …, from command-and-control regulation toward more incentive-based regulation. Under an incentive-based federal regulation, a …

The economics of environmental federalism identifies two book-end departures from the first-best, which equates …

more strict regulation authorize, while other states remain under the federal program. We then test this hypothesis using … data on federal regulation of water pollution and of hazardous waste, which are two of the most important environmental …

This paper tests whether differences across states in pollution regulation affect the location of manufacturing … index of state environmental laws. A significant connection is found: states with more stringent environmental regulation …, gets similar coefficients. This raises the possibility that differences between states other than environmental regulation …

markets and environmental regulation. We emphasize the substantive contributions of recent papers while also highlighting how … the topics examined by this literature--especially auctions, investment, productivity and innovation, and regulation …

This paper describes a novel approach to estimating the marginal cost of air pollution regulation, then applies it to … estimates. Some evidence suggests that using price rather than existing quantity regulation in these markets may increase social …