This paper examines the role of a firm's internal network in determining plant shutdown decisions in response to environmental regulations. Using unique plant-level data for U.S. manufacturing industries from 1990 to 2008, we find evidence that, in response to increasingly stringent...

 Growing demand for cropland products has placed intense pressure on the abilityof land resources to support nature, straining public budgets to purchase environmental goods.Fixing overall agricultural output, two environmental policy options are whether to a) promotemore agricultural...