Author: Don Fullerton
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 442
Book Description
A pollution haven may arise if environmental stringency differs between countries, when capital is mobile, and when trade rules allow firms to relocate and still sell their products to the same customers. This cohesive volume analyzes how country characteristics determine environmental rules, how those rules affect production costs, trade, and investment flows, how those flows affect pollution, prices, and incomes, and finally how all of these last considerations feed back into environmental rules. The sixteen papers collected here represent the most recent and significant advancements of knowledge on the subject. The contributors, all well-known scholars in the area, investigate how polluter location decisions respond to pollution policies, how local environmental rules respond to those location decisions, and how trade liberalization affects the incentives of governments to regulate dirty industries. The volume begins with a comprehensive overview by M. Scott Taylor and goes on to explore how the usual effects of pollution havens can be reversed. Also covered are the ways in which managed trade and trade liberalization, the regulation of multinationals, political stability and emissions controls impact pollution havens. Written for a multidisciplinary audience, The Economics of Pollution Havens will be of interest to those working in the areas of economics, international trade, political science, public policy, and environmental studies.
The Economics of Pollution Havens
Author: Don Fullerton
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 442
Book Description
A pollution haven may arise if environmental stringency differs between countries, when capital is mobile, and when trade rules allow firms to relocate and still sell their products to the same customers. This cohesive volume analyzes how country characteristics determine environmental rules, how those rules affect production costs, trade, and investment flows, how those flows affect pollution, prices, and incomes, and finally how all of these last considerations feed back into environmental rules. The sixteen papers collected here represent the most recent and significant advancements of knowledge on the subject. The contributors, all well-known scholars in the area, investigate how polluter location decisions respond to pollution policies, how local environmental rules respond to those location decisions, and how trade liberalization affects the incentives of governments to regulate dirty industries. The volume begins with a comprehensive overview by M. Scott Taylor and goes on to explore how the usual effects of pollution havens can be reversed. Also covered are the ways in which managed trade and trade liberalization, the regulation of multinationals, political stability and emissions controls impact pollution havens. Written for a multidisciplinary audience, The Economics of Pollution Havens will be of interest to those working in the areas of economics, international trade, political science, public policy, and environmental studies.
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 442
Book Description
A pollution haven may arise if environmental stringency differs between countries, when capital is mobile, and when trade rules allow firms to relocate and still sell their products to the same customers. This cohesive volume analyzes how country characteristics determine environmental rules, how those rules affect production costs, trade, and investment flows, how those flows affect pollution, prices, and incomes, and finally how all of these last considerations feed back into environmental rules. The sixteen papers collected here represent the most recent and significant advancements of knowledge on the subject. The contributors, all well-known scholars in the area, investigate how polluter location decisions respond to pollution policies, how local environmental rules respond to those location decisions, and how trade liberalization affects the incentives of governments to regulate dirty industries. The volume begins with a comprehensive overview by M. Scott Taylor and goes on to explore how the usual effects of pollution havens can be reversed. Also covered are the ways in which managed trade and trade liberalization, the regulation of multinationals, political stability and emissions controls impact pollution havens. Written for a multidisciplinary audience, The Economics of Pollution Havens will be of interest to those working in the areas of economics, international trade, political science, public policy, and environmental studies.
Environmental Regulation
Author: John F. McEldowney
Publisher:
ISBN: 9780857938206
Category : Environmental law
Languages : en
Pages : 0
Book Description
Featuring an original introduction by the editors, this important collection of essays explores the main issues surrounding the regulation of the environment. The expert contributors illustrate that regulating the environment in the UK is conceptually complex, involves a diverse range of institutions, techniques and methodologies and crosses geographical and national boundaries. In the USA it is more formalised, juridical, adversarial and formally dependent upon legal rules. The articles highlight the fact that despite differences in the UK and the USA's regulatory styles, environmental regulation today has much in common with both traditions.
Publisher:
ISBN: 9780857938206
Category : Environmental law
Languages : en
Pages : 0
Book Description
Featuring an original introduction by the editors, this important collection of essays explores the main issues surrounding the regulation of the environment. The expert contributors illustrate that regulating the environment in the UK is conceptually complex, involves a diverse range of institutions, techniques and methodologies and crosses geographical and national boundaries. In the USA it is more formalised, juridical, adversarial and formally dependent upon legal rules. The articles highlight the fact that despite differences in the UK and the USA's regulatory styles, environmental regulation today has much in common with both traditions.
Moving to Greener Pastures?
Author: Gunnar S. Eskeland
Publisher:
ISBN:
Category : Air
Languages : en
Pages : 52
Book Description
This paper presents evidence on whether multinationals are flocking to developing country 'pollution havens'. Although we find some evidence that foreign investors locate in sectors with high levels of air pollution, the evidence is weak at best. We then examine whether foreign firms pollute less than their peers. We find that foreign plants are significantly more energy efficient and use cleaner types of energy. We conclude with an analysis of US outbound investment. Although the pattern of US foreign investment is skewed towards industries with high costs of pollution abatement, the results are not robust across specifications.
Publisher:
ISBN:
Category : Air
Languages : en
Pages : 52
Book Description
This paper presents evidence on whether multinationals are flocking to developing country 'pollution havens'. Although we find some evidence that foreign investors locate in sectors with high levels of air pollution, the evidence is weak at best. We then examine whether foreign firms pollute less than their peers. We find that foreign plants are significantly more energy efficient and use cleaner types of energy. We conclude with an analysis of US outbound investment. Although the pattern of US foreign investment is skewed towards industries with high costs of pollution abatement, the results are not robust across specifications.
Pollution Havens and Foreign Direct Investment
Author: Beata K. Smarzynska Javorcik
Publisher: World Bank Publications
ISBN:
Category : Air quality management
Languages : en
Pages : 36
Book Description
The "pollution haven" hypothesis states that multinational firms, particularly those in highly polluting industries, relocate to countries with weak environmental standards. Despite the plausibility and popularity of this hypothesis, Smarzynska and Wei find only weak evidence in its favor.
Publisher: World Bank Publications
ISBN:
Category : Air quality management
Languages : en
Pages : 36
Book Description
The "pollution haven" hypothesis states that multinational firms, particularly those in highly polluting industries, relocate to countries with weak environmental standards. Despite the plausibility and popularity of this hypothesis, Smarzynska and Wei find only weak evidence in its favor.
Pollution and the Death of Man
Author: Francis A. Schaeffer
Publisher: Crossway
ISBN: 143351950X
Category : Religion
Languages : en
Pages : 162
Book Description
At the creation of the world, God gave mankind the responsibility to exercise dominion over the earth. Man was to use the earth and its abundance of resources to satisfy his physical needs, but he was also to care for the earth and its creatures as a wise and godly steward. Reading about endangered species or another oil spill will make it abundantly clear that the human race has failed miserably in its God-given mandate. How did we get to this point? Where should we go from here? This classic by Francis Schaeffer, now repackaged, looks at contemporary ecological crises through the lens of theology and Scripture. Renowned for his work in applied philosophy and theology, Schaeffer answers serious philosophical questions about creation and ecology. He concludes that we must return to a profoundly and radically biblical understanding of God’s relationship to the earth, and of our divine mandate to exercise godly dominion over it. Repackaged and republished, Pollution and the Death of Man carries an important and relevant message for our day. With concluding chapter by Udo Middelmann.
Publisher: Crossway
ISBN: 143351950X
Category : Religion
Languages : en
Pages : 162
Book Description
At the creation of the world, God gave mankind the responsibility to exercise dominion over the earth. Man was to use the earth and its abundance of resources to satisfy his physical needs, but he was also to care for the earth and its creatures as a wise and godly steward. Reading about endangered species or another oil spill will make it abundantly clear that the human race has failed miserably in its God-given mandate. How did we get to this point? Where should we go from here? This classic by Francis Schaeffer, now repackaged, looks at contemporary ecological crises through the lens of theology and Scripture. Renowned for his work in applied philosophy and theology, Schaeffer answers serious philosophical questions about creation and ecology. He concludes that we must return to a profoundly and radically biblical understanding of God’s relationship to the earth, and of our divine mandate to exercise godly dominion over it. Repackaged and republished, Pollution and the Death of Man carries an important and relevant message for our day. With concluding chapter by Udo Middelmann.
The Economics of Air Pollution in China
Author: Jun Ma
Publisher: Columbia University Press
ISBN: 0231541899
Category : Business & Economics
Languages : en
Pages : 313
Book Description
Suffocating smog regularly envelops Chinese metropolises from Beijing to Shanghai, clouding the future prospect of China's growth sustainability. Air pollutants do not discriminate between the rich and the poor, the politician and the "average Joe." They put everyone's health and economic prosperity at risk, creating future costs that are difficult to calculate. Yet many people, including some in China, are concerned that addressing environmental challenges will jeopardize economic growth. In The Economics of Air Pollution in China, leading Chinese economist Ma Jun makes the case that the trade-off between growth and environment is not inevitable. In his ambitious proposal to tackle severe air pollution and drastically reduce the level of so-called PM 2.5 particles—microscopic pollutants that lodge deeply in lungs—Ma Jun argues that in targeting pollution, China has a real opportunity to undertake significant structural economic reforms that would support long-term growth. Rooted in rigorous analyses and evidence-based projections, Ma Jun's "big bang" proposal aims to mitigate pollution and facilitate a transition to a greener and more sustainable growth model.
Publisher: Columbia University Press
ISBN: 0231541899
Category : Business & Economics
Languages : en
Pages : 313
Book Description
Suffocating smog regularly envelops Chinese metropolises from Beijing to Shanghai, clouding the future prospect of China's growth sustainability. Air pollutants do not discriminate between the rich and the poor, the politician and the "average Joe." They put everyone's health and economic prosperity at risk, creating future costs that are difficult to calculate. Yet many people, including some in China, are concerned that addressing environmental challenges will jeopardize economic growth. In The Economics of Air Pollution in China, leading Chinese economist Ma Jun makes the case that the trade-off between growth and environment is not inevitable. In his ambitious proposal to tackle severe air pollution and drastically reduce the level of so-called PM 2.5 particles—microscopic pollutants that lodge deeply in lungs—Ma Jun argues that in targeting pollution, China has a real opportunity to undertake significant structural economic reforms that would support long-term growth. Rooted in rigorous analyses and evidence-based projections, Ma Jun's "big bang" proposal aims to mitigate pollution and facilitate a transition to a greener and more sustainable growth model.
formal versus informal finance: evidence from china
Author: Vojislav Maksimovic
Publisher: World Bank Publications
ISBN:
Category : Access to Finance
Languages : en
Pages : 77
Book Description
Abstract: China is often mentioned as a counterexample to the findings in the finance and growth literature since, despite the weaknesses in its banking system, it is one of the fastest growing economies in the world. The fast growth of Chinese private sector firms is taken as evidence that it is alternative financing and governance mechanisms that support China's growth. This paper takes a closer look at firm financing patterns and growth using a database of 2,400 Chinese firms. The authors find that a relatively small percentage of firms in the sample utilize formal bank finance with a much greater reliance on informal sources. However, the results suggest that despite its weaknesses, financing from the formal financial system is associated with faster firm growth, whereas fund raising from alternative channels is not. Using a selection model, the authors find no evidence that these results arise because of the selection of firms that have access to the formal financial system. Although firms report bank corruption, there is no evidence that it significantly affects the allocation of credit or the performance of firms that receive the credit. The findings suggest that the role of reputation and relationship based financing and governance mechanisms in financing the fastest growing firms in China is likely to be overestimated.
Publisher: World Bank Publications
ISBN:
Category : Access to Finance
Languages : en
Pages : 77
Book Description
Abstract: China is often mentioned as a counterexample to the findings in the finance and growth literature since, despite the weaknesses in its banking system, it is one of the fastest growing economies in the world. The fast growth of Chinese private sector firms is taken as evidence that it is alternative financing and governance mechanisms that support China's growth. This paper takes a closer look at firm financing patterns and growth using a database of 2,400 Chinese firms. The authors find that a relatively small percentage of firms in the sample utilize formal bank finance with a much greater reliance on informal sources. However, the results suggest that despite its weaknesses, financing from the formal financial system is associated with faster firm growth, whereas fund raising from alternative channels is not. Using a selection model, the authors find no evidence that these results arise because of the selection of firms that have access to the formal financial system. Although firms report bank corruption, there is no evidence that it significantly affects the allocation of credit or the performance of firms that receive the credit. The findings suggest that the role of reputation and relationship based financing and governance mechanisms in financing the fastest growing firms in China is likely to be overestimated.
Environmental Economics: A Very Short Introduction
Author: Stephen Smith
Publisher: Oxford University Press
ISBN: 0199583587
Category : Business & Economics
Languages : en
Pages : 153
Book Description
Environmental economics can be controversial, but it is also central to some key policy issues facing governments and society today, including industrial pollution, global warming, and waste/recycling. Stephen Smith looks at how economic activity affects the environment in which we live, and how environmental policies can most effectively be used.
Publisher: Oxford University Press
ISBN: 0199583587
Category : Business & Economics
Languages : en
Pages : 153
Book Description
Environmental economics can be controversial, but it is also central to some key policy issues facing governments and society today, including industrial pollution, global warming, and waste/recycling. Stephen Smith looks at how economic activity affects the environment in which we live, and how environmental policies can most effectively be used.
Beyond Compliance
Author: United States. Environmental Protection Agency. Enforcement and Compliance Assurance
Publisher:
ISBN:
Category : Community service (Punishment)
Languages : en
Pages : 44
Book Description
Publisher:
ISBN:
Category : Community service (Punishment)
Languages : en
Pages : 44
Book Description
Hidden Costs of Energy
Author: National Research Council
Publisher: National Academies Press
ISBN: 0309155800
Category : Science
Languages : en
Pages : 506
Book Description
Despite the many benefits of energy, most of which are reflected in energy market prices, the production, distribution, and use of energy causes negative effects. Many of these negative effects are not reflected in energy market prices. When market failures like this occur, there may be a case for government interventions in the form of regulations, taxes, fees, tradable permits, or other instruments that will motivate recognition of these external or hidden costs. The Hidden Costs of Energy defines and evaluates key external costs and benefits that are associated with the production, distribution, and use of energy, but are not reflected in market prices. The damage estimates presented are substantial and reflect damages from air pollution associated with electricity generation, motor vehicle transportation, and heat generation. The book also considers other effects not quantified in dollar amounts, such as damages from climate change, effects of some air pollutants such as mercury, and risks to national security. While not a comprehensive guide to policy, this analysis indicates that major initiatives to further reduce other emissions, improve energy efficiency, or shift to a cleaner electricity generating mix could substantially reduce the damages of external effects. A first step in minimizing the adverse consequences of new energy technologies is to better understand these external effects and damages. The Hidden Costs of Energy will therefore be a vital informational tool for government policy makers, scientists, and economists in even the earliest stages of research and development on energy technologies.
Publisher: National Academies Press
ISBN: 0309155800
Category : Science
Languages : en
Pages : 506
Book Description
Despite the many benefits of energy, most of which are reflected in energy market prices, the production, distribution, and use of energy causes negative effects. Many of these negative effects are not reflected in energy market prices. When market failures like this occur, there may be a case for government interventions in the form of regulations, taxes, fees, tradable permits, or other instruments that will motivate recognition of these external or hidden costs. The Hidden Costs of Energy defines and evaluates key external costs and benefits that are associated with the production, distribution, and use of energy, but are not reflected in market prices. The damage estimates presented are substantial and reflect damages from air pollution associated with electricity generation, motor vehicle transportation, and heat generation. The book also considers other effects not quantified in dollar amounts, such as damages from climate change, effects of some air pollutants such as mercury, and risks to national security. While not a comprehensive guide to policy, this analysis indicates that major initiatives to further reduce other emissions, improve energy efficiency, or shift to a cleaner electricity generating mix could substantially reduce the damages of external effects. A first step in minimizing the adverse consequences of new energy technologies is to better understand these external effects and damages. The Hidden Costs of Energy will therefore be a vital informational tool for government policy makers, scientists, and economists in even the earliest stages of research and development on energy technologies.