Using a unique plant-level dataset we examine total factor productivity (TFP) growth and its components, related to … regulated due to its historically large contribution to air and water pollution. Our paper contributes to the broader empirical … literature on the Porter Hypothesis, which posits a positive relationship between environmental regulation and “green” TFP growth …

problem, it is hard to justify an exogenous constant growth rate of consumption and GDP, as is done in several contributions …

-consistent policy rules that implement the stochastic first best as long as a future market exists. We apply our theory to carbon …

years of progress on air pollution, water, climate, oceans, fish, land, forest, biodiversity, plastics, contaminants, space …

in a continuous-time dynamic growth model featuring optimizing households and firms. Environmental quality is modelled as … for environmental pollution when holding firm equity, they require a premium on the return to equity. We show that …

private mitigation is feasible, inequality of incomes leads to an unequal distribution of the health burden of pollution (in … either mitigate the health consequences of domestic pollution privately or reduce pollution collectively through public … inequality and the degree to which ordinary citizens exert voice in each dimension of the policy process distinguishes elites and …