This article proposes and evaluates four hypotheses about US pollution and environmental policy over the last half … century. First, air and water pollution have declined substantially, although greenhouse gas emissions have not. Second …, environmental policy explains a large share of these trends. Third, much of the regulation of air and drinking water pollution has …

(1) The U.S. share of the world's science and engineering graduates is declining rapidly as European and Asian …

During the past two decades, there has been a dramatic change in IPO activity around the world. Though vibrant IPO … the U.S. has fallen compared to the rest of the world and U.S. firms go public less than expected based on the economic …

's perspective, even if the cost of preventing pollution was lower than the cost of the health damages produced. We then examine why …

expenses incurred to satisfy these regulations, such as investment in pollution abatement capital, is unproductive in terms of … paper we construct a model which explicitly recognizes the difference between pollution abatement capital and "productive … and Germany, and thereby assess the impact of increased pollution abatement capital regulation on productivity growth. Our …

This paper estimates an augmented measure of national output inclusive of environmental pollution damage in the United … States economy over a 60-year period. The paper reports two primary findings. First, air pollution intensity declined … precipitously from the 1950s to the modern era. Air pollution damage comprised roughly 30 percent of output in the post WWII economy …

Do US air pollution offset markets disproportionately relocate pollution to or from low-income or minority communities … plants. We find little association of offset prices or offset-induced movements in pollution with the share of a community …