regulation have a comparative advantage in polluting industries. Further, we address the potential problem of reverse causality …. 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 …

This paper considers the treatment of co-benefits in benefit-cost analysis of federal air quality regulations. Using a … show that (1) co-benefits make up a significant share of the monetized benefits; (2) among the categories of co-benefits …, those associated with reductions in fine particulate matter are the most significant; and (3) co-benefits have been pivotal …

This paper examines unintended effects of air quality regulation on decisions of major polluters, using plant data for …-attainment status triggers specific equipment requirements for" new and existing plants. We find, in the later years of regulation, that … single plant firm sector. In all industries, non-affiliates face less regulation than the bigger corporate plants, resulting …