Showing 1 - 10 of 454
We study how environmentally-inclined politicians (EIPs), i.e., politicians with prior environment-related working experience, affect local environmental performance in China. Firms located in cities with EIPs have lower levels of sulfur dioxide (SO2) emissions. The effect is attenuated when the...
Persistent link: https://www.econbiz.de/10014247992
We study the relationship between water nutrient pollution and U.S. agriculture using data between the early 1970s and …
Persistent link: https://www.econbiz.de/10013334343
The governance and transaction cost insights of Oliver Williamson (1975, 1985, 1996, 2010) and Ronald Coase (1937, 1992) have framed antitrust polices and firm management strategies. Transaction cost economics explain efficient governance adaptation. With a focus on private efficiency gains...
Persistent link: https://www.econbiz.de/10014576632
We examine whether counties designated as out of attainment with the NAAQS under the 1970 CAA experienced larger reductions in TSP during the 1970s than attainment counties. We answer this question using the official designation of nonattainment status which, between 1972 and 1978, was by Air...
Persistent link: https://www.econbiz.de/10013334529
This paper investigates how shocks to expected cash flows influence CEO incentive compensation. Exploiting changes in compliance with environmental regulations as shocks to expected future cash flows, we find that adverse shocks typically prompt corporate boards to recalibrate CEO compensation...
Persistent link: https://www.econbiz.de/10014486193
with higher pollution potential. Furthermore, baseline disagreement with more subordinates' recommendations reduces …
Persistent link: https://www.econbiz.de/10014447312
This paper discusses the environmental externalities that are commonly found in the developing world (the environmental regime) along with the policy responses, if any, commonly used to deal with these. Included are the effects of industrial emissions, air and water quality impacts of untreated...
Persistent link: https://www.econbiz.de/10012471479
pollution are low. In this case RJVs fully share information and internalize the associated externality. However when the level …
Persistent link: https://www.econbiz.de/10012471483
This article proposes and evaluates four hypotheses about US pollution and environmental policy over the last half … century. First, air and water pollution have declined substantially, although greenhouse gas emissions have not. Second …, environmental policy explains a large share of these trends. Third, much of the regulation of air and drinking water pollution has …
Persistent link: https://www.econbiz.de/10012696387
This paper estimates an augmented measure of national output inclusive of environmental pollution damage in the United … States economy over a 60-year period. The paper reports two primary findings. First, air pollution intensity declined … precipitously from the 1950s to the modern era. Air pollution damage comprised roughly 30 percent of output in the post WWII economy …
Persistent link: https://www.econbiz.de/10012479859