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depletion? How does globalization affect air and water pollution? Do trade and investment create a race to the bottom in … international trade and the environment with a focus on recent work and methods. We discuss the literature linking trade to local …
Persistent link: https://www.econbiz.de/10014259954
between the environment and individual well-being. First, in explicitly recognizing how optimizing behavior, particularly in … the form of residential sorting, can lead to non-random assignment of pollution, economists have employed a wide range of … quasi-experimental techniques to develop causal estimates of the effect of pollution. Second, economic research has placed a …
Persistent link: https://www.econbiz.de/10013083807
Using novel US environmental spill data, we document a robust negative relationship between the number of spills a firm experiences in a given year and its contemporaneous and lagged (but not future) cash flow. In addition, studying two natural experiments, we find an increase (decrease) in...
Persistent link: https://www.econbiz.de/10012921510
: concentrations of urban air pollution; measures of the state of the oxygen regime in river basins; concentrations of fecal …
Persistent link: https://www.econbiz.de/10013244746
The problem of the commons is more important to our lives and thus more central to economics than a century ago when Katharine Coman led off the first issue of the American Economic Review. As the U.S. and other economies have grown, the carrying-capacity of the planet -- in regard to natural...
Persistent link: https://www.econbiz.de/10013137614
This paper develops an analytical model to quantify the costs and distributional effects of various fiscal options for allocating the (large) rents created under prospective cap-and-trade programs to reduce domestic, energy-related CO2 emissions. The trade-off between cost effectiveness and...
Persistent link: https://www.econbiz.de/10013136741
This essay revisits the question of instrument choice for the regulation of externalities in the context of climate change. The central point is that the Pigouvian prescription to equate marginal control costs with the expected marginal benefits of damage reduction should guide the design of...
Persistent link: https://www.econbiz.de/10013139280
Using the most comprehensive data file ever compiled on air pollution, water pollution, environmental regulations, and … air pollution regulations were effective at reducing ambient concentrations of particulate matter, sulfur dioxide, and … nitrogen dioxide. The most successful air pollution regulation is associated with a modest and statistically insignificant …
Persistent link: https://www.econbiz.de/10013122696
the country level with data on pollution intensity at the industry level to show that countries with laxer environmental …. We propose an instrument for environmental regulation based on meteorological determinants of pollution dispersion identi …...ed by the atmospheric pollution literature. We find that the effect of environmental regulation on the pattern of trade is …
Persistent link: https://www.econbiz.de/10013101512
pollution issues. Based on a principal-agent framework, we present evidence consistent with the hypothesis that both the central …
Persistent link: https://www.econbiz.de/10013064398