Showing 1 - 10 of 612
This paper introduces endogenous and directed technical change in a growth model with environmental constraints and limited resources. A unique final good is produced by combining inputs from two sectors. One of these sectors uses "dirty" machines and thus creates environmental degradation....
Persistent link: https://www.econbiz.de/10013150439
The US-Mexico free-trade debate included some theoretical assertions that were then used as arguments against trade and investment liberalization. (1) Trade liberalization increases the degree to which production is internationally relocated in response to environmental restrictions...
Persistent link: https://www.econbiz.de/10013220935
theoretical and empirical research to evaluate the effects of such reforms on tax revenue, pollution emissions, economic …
Persistent link: https://www.econbiz.de/10013224109
We analyze the connection between productivity, pollution abatement expenditures, and other measures of environmental …
Persistent link: https://www.econbiz.de/10013245716
For political and practical reasons, environmental regulations sometimes treat point source polluters, such as power plants, differently from mobile source polluters, such as vehicles. This paper measures the extent of this regulatory asymmetry in the case of nitrogen oxides (NOx), the criteria...
Persistent link: https://www.econbiz.de/10012751115
Total pollution emitted by U.S. manufacturers declined over the past 30 years by about 60 percent, even though real …, which itself may result from increased net imports of pollution-intensive goods (quot;international tradequot;). I first … show that most of the decline in pollution from U.S. manufacturing has been the result of changing technology, rather than …
Persistent link: https://www.econbiz.de/10012751730
exists an evident heterogeneous effect across industries with different pollution intensities. Stricter environmental …
Persistent link: https://www.econbiz.de/10012858024
This paper explores the empirical effects of decentralization on environmental quality by studying water pollution in … rivers around the world. It examines the level of pollution and variation in pollution across jurisdictions within a country …, for both a local and a regional pollutant. Federal countries exhibit greater interjurisdictional variation in pollution …
Persistent link: https://www.econbiz.de/10012753923
Carbon control policies in OECD countries commonly differentiate emission prices in favor of energy-intensive industries. While leakage provides a efficiency argument for differential emission pricing, the latter may be a disguised beggar-thy-neighbor policy to exploit terms of trade. Using an...
Persistent link: https://www.econbiz.de/10013144964
We find that money managers could reduce portfolio risk by incorporating Environmental, Social, and Governance (ESG) criteria into their investment process. ESG-related issues can cause sudden regulatory changes and shifts in consumer tastes, resulting in large asset price swings which leave...
Persistent link: https://www.econbiz.de/10012941986