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For political, jurisdictional and technical reasons, environmental regulation of industrial pollution is often … regulated producers are less polluting than their unregulated ounterparts, emissions under incomplete regulation can exceed the … level of emissions that would have occurred in the absence of regulation. Converseley, when regulated firms are relatively …
Persistent link: https://www.econbiz.de/10012769643
There are two commonly accepted views about command-and-control (CAC) environmental regulation. First, CAC delivers …
Persistent link: https://www.econbiz.de/10013011089
Despite evidence to the contrary, three common myths persist about federal regulations. The first myth is that many regulations concern the environment, but in fact only a small minority of regulations are environmental. The second myth is that most regulations contain quantitative estimates of...
Persistent link: https://www.econbiz.de/10013313254
Tradable performance standards are widely used sectoral regulatory policies. Examples include the US lead phasedown, fuel economy standards for automobiles, renewable portfolio standards, low carbon fuel standards, and—most recently—China’s new national carbon market. At the same time,...
Persistent link: https://www.econbiz.de/10014089541
hold more cash as predicted. Controlling for economic development, firms in countries with more risk and with poor …
Persistent link: https://www.econbiz.de/10012755812
discussed, along with premium support, enrollment mandates, guaranteed issue, and risk adjustment, as remedies for selection … 2010. Enrollment mandates, premium subsidies, and risk adjustment can improve the stability and relative efficiency of the …
Persistent link: https://www.econbiz.de/10013108304
for polluting plants in regulated areas. This corresponds to an annual economic cost from the regulation of manufacturing …
Persistent link: https://www.econbiz.de/10013065447
Political debates around environmental regulation often center around the effect of policy on jobs. Opponents decry the … and benefits of environmental regulation. In this paper, we discuss how the existing research on jobs and environmental …
Persistent link: https://www.econbiz.de/10012866170
Despite widespread agreement that a carbon tax would be more efficient, many countries use fuel economy standards to reduce transportation-related carbon dioxide emissions. We pair a simple model of the automakers' profit maximization problem with unusually-rich nationally representative data on...
Persistent link: https://www.econbiz.de/10012977619
This paper examines the effect of stringent environmental regulations on firms' environmental practices, economic performance, and environmental innovation. Reducing COD levels by 10% relative to 2005 levels is an aim of the Chinese 11th Five-Year Plan. Using a difference-in-differences...
Persistent link: https://www.econbiz.de/10012858024