Toward a theoretical model of voluntary overcompliance
A simple model is developed to examine the motivations of firms for voluntarily overcomplying with environmental regulation. The analysis also focuses on the increasing desire of companies to gain a reputation as environmentally conscious organizations. The model proposes that these two commonly observed phenomena occur naturally in settings where consumers have become environmentally aware enough to modify their buying habits based on personal judgements of 'clean' and 'dirty' companies.
Publication Name: Journal of Economic Behavior & Organization
Environmental policy in OECD countries
An analysis describing environmental policies in OECD (Organization for Economic Cooperation and Development) countries is presented. It is shown that problems of price structures are linked with the development of policies for environmental problems. A gap between environmental economic theory and real world environmental policy is observed. The development of an ideal environmental policy is still a major concern of OECD countries.
Publication Name: ASEAN Economic Bulletin
New evidence on trends in vehicle emissions
The effect of environmental regulations on vehicle emissions is determined using data from the 1992 emission tests in Chicago and the 1993 California Smog Check. Distinctions were made regarding model year, brand, size, cars against light trucks, foreign against domestic vehicles and California versus Chicago regulations. Findings indicate an overall decrease in vehicle emissions as a result of strict federal standards.
Publication Name: RAND Journal of Economics
- Abstracts: Notes on the microfoundations of monetary economics. Monetary integration and economic reform. Information and incentives: the economics of carrots and sticks
- Abstracts: The new trade theory and its relevance to the trade policies of developing countries. Instability and volatility of capital flows to developing countries
- Abstracts: Approaches for estimating noncompliance: examples from federal taxation in the United States. Anatomy of an experimental political stock market
- Abstracts: Growth and productivity: A model of cumulative growth and catching up. Reply to Tran-Nam Binh and Mark McGillivray, 'Foreign aid, taxes and public investment: a comment.' (response to Tran-Nam Binh and Mark McGillivray, Journal of Development Economics, vol. 41, p. 173, June 1993)
- Abstracts: A critical aid. The pace of intermediate-product introductions. Reach out or reach within? Performance implications of alliances and location in Biotechnology