This paper estimates the social costs of job loss due to environmental regulation. Per job lost, potential social costs of job loss are high, plausibly over $100,000 in present value costs (2012 dollars) per permanently lost job. However, these social costs will typically be far less than the...

The validity of existing empirical tests of the Pollution Haven Hypothesis (PHH) is constantly under scrutiny due to two shortcomings. First, the issues of unobserved heterogeneity and measurement error in environmental regulation are typically ignored due to the lack of a credible, traditional...

The transition process in Central and Eastern Europe was associated with growing environmental awareness. This paper analyses the determinants of Pollution Abatement and Control Expenditure (PACE) at plant level in the case of Romania using survey data and a Multilevel Regression Model (MRM)....

Shadow prices are the main concept of the cost-benefit analysis. In this paper, it is utilised as an index when a firm determines measures to environmental preservation. This paper formulizes an environmental shadow price which includes an environmental technical level and analyses the effect of...

This classroom exercise illustrates the strengths and weaknesses of various regulatory frameworks aimed at internalizing negative externalities from pollution. Specifically, the exercise divides students into three groups - the government regulatory agency and two polluting firms - and allows...

We develop a spatial equilibrium model to evaluate the efficiency and distributional impacts of the leading air quality regulation in the United States: the National Ambient Air Quality Standards (NAAQS). We link our economic model to an integrated assessment model for air pollutants which...

Fourteen U.S. states recently pledged to adopt limits on automobile greenhouse gases (GHGs) per mile in an effort to reduce GHG emissions. We show that, because of interactions between this effort and the federal CAFE standard, 70-80 percent of the emissions reductions from new cars in adopting...

The paper studies the effectiveness of a refunded emission payments (REP) scheme in achieving a specific target path of NOx-emission reductions. A REP scheme levies a charge on emissions and refunds the collected funds back to the emitting firms. REP schemes have been highlighted as a remedy to...

It is very important to know how the waste can be used/reused/recycled and converting that into organizations/entrepreneur's profits. Reducing the quantity, we buy the better choice to mitigate the Waste. Thereby reducing the consumption and saving the resources to manufacture new products....

Air pollution and, in particular, PM 2.5 particulate matter is a significant issue in Santiago, the capital of Chile. Santiago's pollution problem is exacerbated by its unique geographic location nestled against the Andes mountain range in the central valley of Chile. This paper uses network...