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Decentralized environmental regulations and plant-level productivity
Ghosal, Vivek; Stephan, Andreas; Weiss, Jan F. - 2018
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 …
Persistent link: https://www.econbiz.de/10011906240
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Environmental policy with green consumerism
Ambec, Stefan; De Donder, Philippe - 2020
Is green consumerism beneficial to the environment and the economy? To shed light on this question, we study the political economy of environmental regulations in a model with neutral and green consumers where the latter derive some warm glow from buying a good of higher environmental quality...
Persistent link: https://www.econbiz.de/10012257796
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Asymmetric innovation agreements under environmental regulation
Aoyama, Naoto; Silva, Emilson C. D. - 2017
In a domestic market, a duopoly produces a homogeneous final good, pollution, pollution abatement and R&D. One of the firms (foreign) has superior technology. The government regulates the duopoly by levying a pollution tax to maximize domestic welfare. We consider the potential implementation of...
Persistent link: https://www.econbiz.de/10011761649
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Environmental policy and the macroeconomy under shallow-lake dynamics
Heijdra, Ben J.; Heijnen, Pim - 2009
We study the environmental and economic effects of public abatement in the presence of multiple stable steady-state ecological equilibria. Under shallow-lake dynamics (SLD), the isocline for the stock of pollution features two stable branches, a good and a bad one. Assuming that the ecology is...
Persistent link: https://www.econbiz.de/10003910506
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What is the best environmental policy? : taxes, permits and rules under economic and environmental uncertainty
Angelopulos, Kōnstantinos I.; Oikonomidēs, Geōrgios; … - 2010
We study the importance of uncertainty and public finance to the welfare ranking of three environmental policy instruments: pollution taxes, pollution permits and Kyoto-like numerical rules for emissions. The setup is the basic stochastic neoclassical growth model augmented with the assumptions...
Persistent link: https://www.econbiz.de/10003942680
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The choice of environmental policy instruments : energy efficiency and redistribution
Haupt, Alexander; Stadejek, Magdalena - 2010
We analyse optimal environmental policies in a market that is vertically differentiated in terms of the energy efficiency of products. Considering energy taxes, subsidies to firms for investment in more eco-friendly products, and product standards, we are particularly interested in how...
Persistent link: https://www.econbiz.de/10003944707
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The role of standards in eco-innovation : lessons for policymakers
Vollebergh, Herman R. J.; Van der Werf, Edwin - 2013
This paper aims to help policy makers identify how standards can contribute to the effective and cost-efficient development and deployment of eco-innovations (innovations that result in a reduction of environmental impact). To that end we discuss what standards are, how the process of...
Persistent link: https://www.econbiz.de/10009752019
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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
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Regulating untaxable externalities : are vehicle air pollution standards effective and efficient?
Jacobsen, Mark R.; Sallee, James M.; Shapiro, Joseph S.; … - 2022
assess the effectiveness and efficiency of these standards, which are the centerpiece of US Clean Air Act regulation of …
Persistent link: https://www.econbiz.de/10013463693
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Do individuals put effort into lying? : evidence from a compliance experiment
Dwenger, Nadja; Lohse, Tim - 2016
We study whether individuals in a face-to-face situation can successfully exert some lying effort to delude others. We exploit data from a laboratory experiment in which participants were asked to assess videotaped statements as being rather truthful or untruthful. The statements are...
Persistent link: https://www.econbiz.de/10011444111