Market effects of environmental regulation: coal, railroads, and the 1990 Clean Air Act

Many environmental regulations encourage the use of "clean" inputs. When the suppliers of such an input have market power, environmental regulation will affect not only the quantity of the input used but also its price. We investigate the effect of the Title IV emissions trading program fo...

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Bibliographic Details
Published in:The Rand journal of economics 2007, Vol.38 (4), p.1159-1179
Main Authors: Busse, Meghan R., Keohane, Nathaniel O.
Format: Article
Language:English
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