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This article proposes and evaluates four hypotheses about US pollution and environmental policy over the last half … century. First, air and water pollution have declined substantially, although greenhouse gas emissions have not. Second …, environmental policy explains a large share of these trends. Third, much of the regulation of air and drinking water pollution has …
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on establishment-level pollution emissions and business characteristics - including trade activities and global … trade policy uncertainty. Emission abatement is mainly driven by a decline in pollution emission intensity, and not by … pollution haven hypothesis whereby offshoring is central to the mechanism - US manufacturers begin to source from abroad and …
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Carbon taxes remain economists favoured policy tool to curb emissions, but are unpopular among segments of the populations. Theoretical and numerical work tends to show the effectiveness of carbon taxes, but ex-post empirical analyses are still rare. In this paper we attempt to bridge this gap....
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