The Economic and Financial Effects of Environmental Regulation
Abstract
An examination of the stylized facts and empirical evidence shows that the perceived adverse economic and financial effects of environmental regulation are exaggerated. Some evidence even indicates that environmental regulation exerts positive effects on the indicators it is supposed to inflict damage on. While the opponents of regulation argue strongly that environmental regulation has adverse effects that may impinge on the decision-making process (for example, with respect to plant location and the level of production), the proponents of regulation suggest that ...
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