We use panel data on fossil fuel fired power plants to examine the impact of Phase I of the Title IV SO2 trading program on electric utility employment. We find little evidence that power plants had significant decreases in employment during Phase I relative to non–Phase I power plants. This...

Any opinions and conclusions expressed herein are those of the author(s) and do not necessarily represent the views of the U.S. Census Bureau or the U.S. Environmental Protection Agency. All results have been reviewed to ensure that no confidential information is disclosed. We thank Wang Jin and...

The property tax revolt of the 1970's and 1980's saw many "new" restrictions placed on local government budgets. Most of these restrictions took the form of local tax and expenditure limitations (TELs) which focused on property taxes. The purpose of this study is to examine whether or not local...

This paper examines whether the impact of environmental regulations differs by the size of the business. We consider the net effect of statutory, enforcement, and compliance asymmetries by estimating the relationship between plant size and pollution abatement expenditures, using...