Environmental regulations influence the prosperity and sustainability of organisations and households. According to the traditional belief, they constitute an additional, undesired cost which lowers competitiveness of economic operators and the entire sectors, although they might be socially...

The economic costs of environmental regulations have been widely debated since the U.S. began to restrict pollution emissions more than four decades ago. Using detailed production data from nearly 1.2 million plant observations drawn from the 1972-1993 Annual Survey of Manufactures, we estimate...