regulated due to its historically large contribution to air and water pollution. Our paper contributes to the broader empirical … and enforcement. Our key findings are: (1) prudential regulation limits expansion of plants with high initial pollution …

only incentivizes green investments and may thus reduce environmental externalities. As consumers perceive the product of …

In a domestic market, a duopoly produces a homogeneous final good, pollution, pollution abatement and R&D. One of the … firms (foreign) has superior technology. The government regulates the duopoly by levying a pollution tax to maximize …

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

advertising motive. We analyze the impact of both the strength of mutual externalities and advertisement regulation policies on … content. -- horizontal and vertical product differentiation ; two-sided externalities ; advertising ban …

We test for pollution haven effects in outward foreign direct investment (FDI) for different sectors using a … country significantly attracts FDI. What is important for these pollution haven effects is not only regulation but also … enforcement of environmental policy. In contrast to earlier results, it is not only footloose industries that display pollution …

theory model where the producer price is subject to bargaining between the brand-name producer and a distributor, we show …