This paper assesses the strength of the Environmental Kuznets Curve (EKC) which posits an inverted-U relationship between per capita income and pollution, in the light of a number of recent criticisms.

This paper reports a laboratory experiment that studies several specific features of the Regional Clean Air Incentives Market (RECLAIM), a tradable emission permit program intended to lower the cost of meeting federal air quality standards in the Los Angeles area. It assesses the impact of some...

In the developed world the cost of meeting environmental regulations appears to be rising over time. Since the stringency of such regulations increases with economic development there has been speculation that developing countries may possess a comparative advantage in pollution intensive...