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The environmental discussion is increasingly extended to the question of how to preserve biodiversity. As sensible … regulation of biodiversity utilization uses politically set incentive schemes, it is required to discus the monetary value of … biodiversity. Consequently, the relation between economic incentives and biodiversity is in the focus of our paper. By using bird …
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The objective of this paper is to analyze the impact of regulatory and environmental conditions on technical efficiency of European railways. Using a panel data set of 31 railway firms from 22 European countries from 1994 to 2005, a multioutput distance function model, including regulatory and...
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This paper contributes to the empirical literature on the relationship between environmental regulation and firm behavior. In particular, we ask whether and how strongly an industry's investment responds to stringency in environmental regulation. Environmental stringency is measured as (i) an...
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