literature on the Porter Hypothesis, which posits a positive relationship between environmental regulation and "green" TFP growth … and enforcement. Our key findings are: (1) prudential regulation limits expansion of plants with high initial pollution …; (2) regulation, however, is not conducive to plants' "green" technical change, which provides evidence against the recast …

assess the effectiveness and efficiency of these standards, which are the centerpiece of US Clean Air Act regulation of …

and subsidiaries of the world's biggest manufacturing, energy, and utility companies. Our results suggest that financial …

counterproductive, ultimately increasing world emissions. We establish testable conditions as to whether a unilateral tax on domestic CO … characterize this strategy's implications for climate policy in the rest of the world. Finally, we present an illustrative …

the US Clean Air Act offset regulation-induced reductions among regulated plants with spillovers to unregulated plants and …