Exporting Pollution
| Jazyk: | angličtina |
|---|---|
| Rok vydání: | 2018 |
| Předmět: |
and Changes
or Comparative Natural Resources Energy Environment Environment and Trade Sustainability Environmental Accounts and Accounting Environmental Equity Production Economic History: Agriculture Development Environment and Development Population Growth Pollution Economic Development: Agriculture Other Primary Products Regional Economic Activity: Growth and Extractive Industries: General Pollution Haven Hypothesis International n50 - Economic History: Agriculture r11 - Regional Economic Activity: Growth Environmental Issues |
| DOI: | 10.2139/ssrn.3252563 |
| Popis: | Despite awareness of the detrimental impact of CO2 pollution on the world climate, countries vary widely in how they design and enforce environmental laws. Using novel micro data about firms’ CO2 emissions levels in their home and foreign countries, we document that firms headquartered in countries with strict environmental policies perform their polluting activities abroad in countries with relatively weaker policies. These effects are stronger for firms in high-polluting industries and with poor corporate governance characteristics. Although firms export pollution, they nevertheless emit less overall CO2 globally in response to strict environmental policies at home. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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