In river systems, costly upstream pollution abatement creates downstream welfare gains. Absent adequate agreement on how to share the gains, upstream regions lack incentives to reduce pollution levels. We develop a model that makes explicit the impact of water quality on production benefits and...

Economists recommend Pigouvian taxes as the most efficient way to fight climate change. Yet, carbon taxes are difficult to implement politically. To understand why, we study Washington State's two failed carbon tax referendums from 2016 and 2018—the first such votes in the United States. We...

We analyze the real effects of the environmental regulation on technological innovation using a sample of Chinese firms. We leverage the Air Pollution Prevention Policy as a quasi-natural experiment that is plausibly exogenous to the firms’ innovation policy and use the difference in...

We analyze the quantitative labor market and aggregate effects of a carbon tax in a framework with pollution externalities and equilibrium unemployment. Our model incorporates endogenous labor force participation and two margins of adjustment influenced by carbon taxes: firm creation and green...

We examine whether and how newspaper coverage affects firms' toxic emissions. Studying this question helps us understand the ecosystem of regulation by revelation, an increasingly popular environmental policy approach. Using local newspaper closures as an exogenous shock to news coverage, we...

Existing North American regional programs for capping and reducing greenhouse gas emissions have come under criticism based on concerns regarding their perceived impact on environmental justice communities. When viewed through an ethical lens, programs that distribute emissions allowances by way...

Growing demand for materials required in the construction of renewable technologies and zeroemission infrastructure may signal significant changes for the minerals and metals market. These in turn might exacerbate the social and environmental risks associated with the mining industry. We explore...

This study examines whether and how competition affects corporate strategic responses to stringent environmental policies. Using the nonattainment status of U.S. counties as a source of exogenous variation in environmental regulation, we find that competition fosters green innovation as firms...

The object of research is the level of environmental pollution by the example of Ukraine. The paper investigates the relationship between the volume of capital investment and a decrease in the level of environmental pollution. The methodological basis of the study is the fundamental foundations...

This paper explores the effects of two wastewater regulations on export product quality using disaggregated level data from China. Applying a difference-in-differences approach, I find the first regulation improves product quality by 4.8%, while the second regulation with more rigorous standards...