The effects of a carbon price on U.S. industries are likely to change over time as firms and customers gradually adjust to new prices. The effects will also depend on offsetting policies to compensate losers and the number of countries implementing comparable policies. We examine the effects of...

Many believe that environmental regulation must reduce employment, since regulations are expected to increase production costs, raising prices and reducing demand for output. A careful microeconomic analysis shows that this not guaranteed. Even if environmental regulation reduces output in the...

This paper examines whether a firm's allocation of production across its plants responds to the environmental regulation faced by those plants, as measured by differences in stringency across states. We also test whether sensitivity to regulation differs based on differences across firms in...

In this paper we investigate the impact of environmental regulation on productivity using a Cobb-Douglas production function framework. Estimating the effects of regulation on productivity can be done with a top-down approach using data for broad sectors of the economy, or a more disaggregated...

Policy-makers and others interested in environmental justice (EJ) are concerned that poor and minority communities are disproportionately exposed to pollution. Title IV of the 1990 Clean Air Act Amendments required the dirtiest coal-fired utilities to cap their SO2 emissions at 5.8 million tons...

Does the impact of environmental regulation differ by plant vintage and technology? We answer this question using 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...

This paper examines the determinants of environmental performance at paper mills, measured by air pollution emissions per unit of output. We consider differences across plants in air pollution abatement expenditures, local regulatory stringency, and productive efficiency. Emissions are...

We examine the determinants of environmental regulatory activity (inspections and enforcement actions) for 1616 U.S. manufacturing plants in four large U.S. cities – Los Angeles, Boston, Columbus, and Houston – using data for 2000-2002. The main focus of our study is to examine whether or...

This paper examines differences in compliance with air pollution regulation for U.S. pulp and paper mills. Our analysis is based on confidential, plant-level Census data from the Longitudinal Research Database for 116 pulp and paper mills, covering the 1979-1990 period. The LRD provides us with...

In this paper we examine the allocation of environmental regulatory effort across U.S. pulp and paper mills, looking at measures of regulatory activity (inspections and enforcement actions) and levels of air and water pollution from those mills. We combine measures of the marginal benefits of...