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On a theoretical front, environmental economists have one last pollution problem to contend with and that is the issue of non-point source pollution (NPSP). The issue of NPSP is important on many levels but central to this field is how to efficiently regulate what you cannot observe? A promising...
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Public policy often regards pollution and other measures of poor environmental quality as public bads that result from market failure and require government intervention through regulatory policies and more stringent environmental standards. In this article, I argue that pollution and...
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The existence of an environmental Kuznets curve (EKC) – a pattern of pollution that rises and then falls with higher levels of real gross domestic product per capita – remains controversial. Previous research fails to address simultaneity concerns. We match empirical evidence on EKCs with...
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In the last few years, several studies have found an inverted-U relationship between per capita income and environmental degradation. This relationship, known as the environmental Kuznets curve (EKC), suggests that environmental degradation increases in the early stages of growth, but it...
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