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We test for pollution haven effects in outward foreign direct investment (FDI) for different sectors using a … country significantly attracts FDI. What is important for these pollution haven effects is not only regulation but also … enforcement of environmental policy. In contrast to earlier results, it is not only footloose industries that display pollution …
Persistent link: https://www.econbiz.de/10010287196
This paper provides a comprehensive evaluation of the world's largest environmental tax reform. We compare carbon and air pollutant emissions of the German transport sector and synthetic counterfactuals following the 1999 eco-tax reform, and find average reductions in external damages of around...
Persistent link: https://www.econbiz.de/10014377482
We describe a “business as usual” (BAU) economy in which pollution is a by-product of productive activity by the … pollution abatement and finances it via distorting taxes and borrowing on perfect international markets. Pollution levels start … pay off the debt, that too, in finite time. Along the transition, every generation faces less pollution, consumes more and …
Persistent link: https://www.econbiz.de/10011522553