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Economists generally view environmental enforcement as a tool to secure compliance with regulations. This paper … demonstrates that credible enforcement significantly increases statutory over-compliance with regulations as well. We find that … many plants with discharges typically below legally permitted levels reduce discharges further when regulators issue fines …
Persistent link: https://www.econbiz.de/10008684901
Effluent limits are frequently based on a uniform emission standard, which applies to all polluting facilities within a single industry. However, the implementation of many environmental protection laws does not lead to uniform effluent limits due to considerations of local environmental...
Persistent link: https://www.econbiz.de/10010723242
facilities’ long-term compliance with U.S. hazardous waste regulations. We also investigate the factors that affect facilities … account for the potential endogeneity of our audit measure and the censoring of our compliance measure using a censored … stringent regulations are more likely to audit; facilities with poor compliance records are less likely to audit. However, we …
Persistent link: https://www.econbiz.de/10005168568
This paper explores empirically the impact of enforcement efforts on environmental compliance, focusing on the role of … monitoring and enforcement instruments. Non-monetary sanctions contribute no detected impact on compliance, and the marginal fine … seriously underestimate the efficacy of fines and other sanctions. This paper also examines the relative effectiveness of …
Persistent link: https://www.econbiz.de/10008680315
whether self-policing reduces future enforcement activity. Using data on U.S. hazardous waste enforcement and disclosures, I … facilities with good compliance records may receive a smaller benefit than facilities with poor records. Additionally, facilities … results suggest that facilities may be able to strategically disclose in order to decrease future enforcement. …
Persistent link: https://www.econbiz.de/10005168567
and enforcement. Our key findings are: (1) prudential regulation limits expansion of plants with high initial pollution … literature on the Porter Hypothesis, which posits a positive relationship between environmental regulation and "green" TFP growth …; (2) regulation, however, is not conducive to plants' "green" technical change, which provides evidence against the recast …
Persistent link: https://www.econbiz.de/10011906240
and enforcement. Our key findings are: (1) prudential regulation limits expansion of plants with high initial pollution … literature on the Porter Hypothesis, which posits a positive relationship between environmental regulation and “green” TFP growth …; (2) regulation, however, is not conducive to plants’ “green” technical change, which provides evidence against the recast …
Persistent link: https://www.econbiz.de/10011932005
enforcement, along with decentralised plant-specific regulations. In our analysis, we use the sequential Malmquist …-Luenberger productivity index which accounts for air and water pollutants as undesirable outputs. Some of our key findings are: (1) regulation …
Persistent link: https://www.econbiz.de/10010818731
enforcement, along with decentralised plant-specific regulations. In our analysis, we use the sequential Malmquist …-Luenberger productivity index which accounts for air and water pollutants as undesirable outputs. Some of our key findings are: (1) regulation …
Persistent link: https://www.econbiz.de/10011096129
This paper addresses the issue of whether the powers of monitoring compliance and allocating tradeable emissions … full compliance, while regulated firms choose actual emissions and the number of permits to be held. We identify various …
Persistent link: https://www.econbiz.de/10010279407