According to this study, the pollution levy policy that the country has pursued since the early 1980s has been helpful in improving both environmental performance and economic efficiency. The research focused on the Chinese paper industry. As well as giving the green light to pollution levies...

China's economic growth has come at the expense of environmental quality and the degradation of natural resources. In this paper, we identify two sources of environmental degradation: career concerns by managers of state-owned enterprises (SFEs) that manage natural resources, and asymmetric...