Between 1990 and 2008, air pollution emissions from U.S. manufacturing fell by 60 percent despite a substantial … suggest that the implicit pollution tax that manufacturers face doubled between 1990 and 2008. These changes in environmental … regulation, rather than changes in productivity and trade, account for most of the emissions reductions …

competition from demand shocks in export markets – and the induced product mix reallocations – induce productivity changes within … the firm. We then empirically test for this connection between the demand shocks and the productivity of multi …-product firms exporting to those destinations. We find that the effect of those demand shocks on productivity is substantial – and …

-level productivity in a two-country DSGE model with heterogenous producers and an endogenous dynamic export participation decision. First …

Study of the impact of mergers and acquisitions (M&As) on productivity and market power has been complicated by the … difficulty of separating these two effects. We use newly-developed techniques to separately estimate productivity and markups …-level productivity. We also examine whether M&As increase efficiency through reallocation of production to more efficient plants or …

efficiency-based productivity growth rates to exceed observed productivity growth in the slowdown period of 1974 - 1995 …

annual Census Bureau information on 116 pulp and paper mills' vintage, technology, productivity, and pollution abatement … operating costs for 1979-1990. We find a significant negative relationship between pollution abatement costs and productivity … interactions we estimate that total pollution abatement costs reduce productivity levels by an average of 4.7 percent across all …

For political, jurisdictional and technical reasons, environmental regulation of industrial pollution is often … incomplete: regulations apply to only a subset of facilities contributing to a pollution problem. Policymakers are increasingly …. In a straightforward application of the theory of the second best, I show that incomplete regulation can welfare dominate …