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Compliance technology and self-enforcing agreements

Harstad, Bård; Lancia, Francesco; Russo, Alessia - 2015

We analyze a repeated game in which countries are polluting as well as investing in technologies. While folk theorems point out that the first best can be sustained as a subgame-perfect equilibrium when the players are sufficiently patient, we derive the second best equilibrium when they are...

Persistent link: https://www.econbiz.de/10011350155

The role of standards in eco-innovation : lessons for policymakers

Vollebergh, Herman R. J.; Van der Werf, Edwin - 2013

discuss what standards are, how the process of standardization works, and how standards are related to induced innovation and …

Persistent link: https://www.econbiz.de/10009752019

Decentralized environmental regulations and plant-level productivity

Ghosal, Vivek; Stephan, Andreas; Weiss, Jan F. - 2018

regulated due to its historically large contribution to air and water pollution. Our paper contributes to the broader empirical … and enforcement. Our key findings are: (1) prudential regulation limits expansion of plants with high initial pollution …

Persistent link: https://www.econbiz.de/10011906240

Regulating stock externalities

Gerlagh, Reyer; Heijmans, Roweno - 2018

We develop a dynamic regulation game for a stock externality under asymmetric information and future market uncertainty. Within this framework, regulation is characterized as the implementation of a welfare-maximization program conditional on informational constraints. We identify the most...

Persistent link: https://www.econbiz.de/10011939765

Recent findings and methodologies in economics research in environmental justice

Cain, Lucas; Hernandez-Cortes, Danae; Timmins, Christopher - 2023

This review synthesizes economics-oriented research in environmental justice with a focus on the last decade. We first categorize this literature into broad areas of inquiry and review main findings. Then, we review recent advances in data and methodologies that have allowed for new study...

Persistent link: https://www.econbiz.de/10013549188

Effects of stricter environmental regulations on resource development

Lange, Ian; Redlinger, Michael - 2018

This analysis seeks to understand whether changes in oil regulation brought about by the shale revolution have restricted the pace of drilling and production. This hypothesis is tested using data on North Dakota and Montana both before and after North Dakota increased the level of bonding...

Persistent link: https://www.econbiz.de/10011853142

Petchey's (2015) extension of oates & Schwab's (1988) efficiency result revisited

Eichner, Thomas; Pethig, Rüdiger - 2017

Oates and Schwab (1988) consider an economy with mobil capital and jurisdictions that suffer from local pollution. They …

Persistent link: https://www.econbiz.de/10011597738

Who bears the economic costs of environmental regulations?

Fullerton, Don; Muehlegger, Erich - 2017

Public economics has a well-developed literature on tax incidence - the ultimate burdens from tax policy. This literature is used here to describe not only the distributional effects of environmental taxes or subsidies but also the likely incidence of non-tax regulations, energy efficiency...

Persistent link: https://www.econbiz.de/10011701517

Green havens and pollution havens

Poelhekke, Steven; Ploeg, Frederick van der - 2012

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/10009570741

Voluntary emission reductions, social rewards, and environmental policy

Rauscher, Michael (contributor) - 2006

Persistent link: https://www.econbiz.de/10003395362