Fan, Maoyong; Tang, Qu; Wu, Jianxin; Xiao, Junji - 2022
water pollution than in industries with less water pollution in the UPR regions. The second RED policy with environmental … regulations was effective in restraining the new entry of firms in high-pollution industries into the UPR regions but failed to … drive existing high-pollution firms out of the UPR regions. Firms’ location decisions were driven by the more favorable tax …