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来源类型Working Paper
规范类型报告
DOI10.3386/w13512
来源IDWorking Paper 13512
Averting Regulatory Enforcement: Evidence from New Source Review
Nathaniel Keohane; Erin T. Mansur; Andrey Voynov
发表日期2007-10-15
出版年2007
语种英语
摘要This paper explores firms' response to regulatory enforcement. New Source Review, a provision of the Clean Air Act, imposes stringent emissions limitations on significantly modified older power plants. In 1999, the EPA sued owners of 46 plants for NSR violations. We study how electricity companies respond to both the perceived threat of future action, and the action itself. A discrete choice model estimates plants likelihood of being named in lawsuits increases with large historic emissions and investments. On the eve of the lawsuits, emissions at plants with a one standard deviation greater probability of being sued fell approximately ten percent.
主题Industrial Organization ; Regulatory Economics ; Industry Studies ; Environmental and Resource Economics ; Environment
URLhttps://www.nber.org/papers/w13512
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/571188
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Nathaniel Keohane,Erin T. Mansur,Andrey Voynov. Averting Regulatory Enforcement: Evidence from New Source Review. 2007.
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