Measuring environmental regulation’s effect on firm competitiveness is central to designing optimal policies. Existing studies document significant negative effects of air pollution regulations on manufacturing competitiveness as measured by total factor productivity (TFP). A separate...

AbstractWe review recent empirical economic studies on urban ambient air pollution from a mayor’s perspective. We discuss the sources of urban air pollution, the economic costs that it imposes, and the policy tools available to a mayor to alleviate it. For economic costs, we briefly summarize...