Showing 1 - 10 of 19
For almost 20 years, the Ministry of Environment of the Republic of Korea has published on a monthly basis a list of enterprises that fail to comply with national environmental laws and regulations. In this paper, the authors examine the reaction of investors to the publication of these lists...
Persistent link: https://www.econbiz.de/10005134311
The accounting and public release of information about industrial toxic pollution emissions is meeting increasing criticism in that these listings typically do not account for the different toxicity risks associated with different pollutants. A firm emitting a large amount of relatively harmless...
Persistent link: https://www.econbiz.de/10005134133
The authors examine policy problems related to the use of emissions taxes, and emissions trading, two market-based instruments for controlling pollution by getting regulated firms to adopt cleaner technologies. By attaching an explicit price to emissions, these instruments give firms an...
Persistent link: https://www.econbiz.de/10005116067
Scientific evidence indicates that global warming could well lead to a sea-level rise of 1 meter or more in the 21st century. This paper seeks to quantify how a 1-meter sea-level rise that would affect coastal wetlands in 76 developing countries and territories, taking into account how much of...
Persistent link: https://www.econbiz.de/10010829766
After weighing the costs and benefits of pollution control, profit-maximizing firms sometimes choose not to invest in pollution abatement because the penalty they expect regulators to impose for noncompliance falls short of the cost of abatement. To improve incentives for pollution control,...
Persistent link: https://www.econbiz.de/10004989872
This paper presents a study of willingness-to-pay of the Armenian Diaspora in the United States to protect Armenia's Lake Sevan, a unique and precious symbol of the Armenian cultural heritage. Dichotomous choice contingent valuation questions were asked by mail surveys to elicit...
Persistent link: https://www.econbiz.de/10005079485
Since 1989, environmental authorities of the Republic of Korea have published on a monthly basis a list of enterprises violating the country's environmental rules and regulations. This may be the longest environmental public disclosure program currently in existence. Over the period 1993-2001 in...
Persistent link: https://www.econbiz.de/10005079921
Only a small number of studies have empirically examined the determinants of the monitoring and enforcement performed by environmental regulators, and most of these have focused on industrial countries. In contrast, the authors empirically examine the determinants of enforcement in China. More...
Persistent link: https://www.econbiz.de/10005030449
Since the early 1970s, industrial countries have enacted (or amended) many environmental laws and regulations to control and improve air and water quality. Developing countries are increasingly enacting similar legislation. But imposing a ceiling on a plant's emissions does not guarantee reduced...
Persistent link: https://www.econbiz.de/10005128464
Economists have criticized regulations that impose uniform environmental standards on plants that may face different marginal abatement costs and damage functions. Such critics ignore the difference in standard implementation across plants, giving rise to nonuniform standards. The authors...
Persistent link: https://www.econbiz.de/10005128781