Effects of environmental regulations on manufacturing plant births: Evidence from a propensity score matching estimator

被引:224
作者
List, JA [1 ]
Millimet, DL
Fredriksson, PG
McHone, WW
机构
[1] Univ Maryland, College Pk, MD 20742 USA
[2] So Methodist Univ, Dallas, TX 75275 USA
[3] Univ Cent Florida, Orlando, FL 32816 USA
关键词
D O I
10.1162/003465303772815844
中图分类号
F [经济];
学科分类号
02 ;
摘要
This study examines the effects of air quality regulation on economic activity. Anecdotal evidence and some recent empirical studies suggest that an inverse relationship exists between the stringency of environmental regulations and new plant formations. Using a unique county-level data set for New York State from 1980 to 1990, we revisit this conjecture using a seminonparametric method based on propensity score matching. Our empirical estimates suggest that pollution-intensive plants are responding to environmental regulations; more importantly, we find that traditional parametric methods used in previous studies may dramatically understate the impact of more stringent regulations.
引用
收藏
页码:944 / 952
页数:9
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