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Does economic development have an unavoidable ecological cost? We examine the ecological impacts of one of India's signature place-based economic policies involving massive tax benefits for new industrial and infrastructure development following the creation of the new state of Uttarakhand. The...
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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 …
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Up to now a clear theoretical and methodological framework for economic-environmental analysis of environmentally damaging subsidies is lacking. Environmentally damaging subsidies are all kinds of direct and indirect subsidies aimed at achieving a certain (often non-environmental) goal that...
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