1,358 research outputs found

    Environmental Compliance by Firms in the Manufacturing Sector in Mexico

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    To date, little empirical evidence exists to help regulators understand why some firms comply even when there is little financial incentive to do so and others continually violate environmental regulations. This paper examines data on compliance with environmental regulations within the manufacturing sector in Mexico. The probability of complying depends, among other factors, on the kind of management practices of the firm and the level of environmental training. Some firms in the manufacturing sector over-comply with regulations. Our results show that providing environmental training to employees in the firm increases the probability of over-compliance. Local community has a positive impact on over-compliance however the magnitude of its impact is not as strong as is often suggested in the literature.Environmental regulation, Compliance, Mexico

    The Effect of Education on the Timing of Marriage and First Conception in Pakistan.

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    It is often argued that a rapid rise in educational attainment of women, an increase in the age at marriage and an increase in the age at first birth are key features of demographic transition in any country. Education is the prime catalyst in this process because increases in educational attainment are likely to significantly affect both age at marriage and the duration to first conception-in particular increasing both the age at marriage and the time to first child. This paper uses individual level unit record data from Pakistan to examine the effect of education on the age at marriage and on the duration between marriage and first conception. We estimate a structural model, which accounts for the interaction between the three main variables of interest. Our estimation results show that women who have more education delay marriage but increased educational attainment does not have a significant effect on the duration to first conception. Women who marry late have a child faster. Education of the husband significantly affects the time to conception.EDUCATION ; MARRIAGE ; FERTILITY

    Certainty of Punishment versus Severity of Punishment- An Experimental Investigation

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    Compliance with laws and regulations depends on the expected penalty facing violators. The expected penalty depends on both the probability of punishment and the severity of the punishment if caught. A key question in the economics of crime literature is whether increasing the probability of punishment is a more effective deterrent than an equivalent increase in the severity of punishment. This paper uses laboratory experiments to investigate this issue, and finds that increasing the severity of punishment is a more effective deterrent than an equivalent increase in the probability of punishment. This result contrasts with the findings of the empirical crime literature.

    A LABORATORY COMPARISON OF UNIFORM AND DISCRIMINATIVE PRICE AUCTIONS FORREDUCING NON-POINT SOURCE POLLUTION

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    Land use changes to reduce non-point source pollution, such as nutrient runoff to waterways from agricultural production, incur opportunity costs that are privately known to landholders. Auctions may permit the regulator to identify those management changes that have greater environmental benefit and lower opportunity cost. This paper reports a testbed laboratory experiment in which landowner/sellers compete in sealed-offer auctions to obtain part of a fixed budget allocated by the regulator to subsidize pollution abatement. One treatment employs uniform price auction rules in which the price is set at the lowest price per unit of environmental benefits submitted by a seller who had all of her offers rejected. Another treatment employs discriminative price rules in which successful sellers receive their offer price. Our results indicate that subjects recognize the cost-revelation incentives of the uniform price auction, as a majority of offers are within 2 percent of cost. By contrast, a majority of offers in the discriminative price auction are at least 8 percent greater than cost. Nevertheless, the regulator spends more per unit of environmental benefit in the uniform price auction, and the discriminative price auction has superior overall market performance.Uniform Price Auctions, Discriminative Price Auctions, Land Use Change,Laboratory Experiments, Environmental Policy.

    Measurement of prompt D -meson production in p-Pb collisions at sNN =5.02TeV

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    The p(T)-differential production cross sections of the prompt charmed mesons D-0, D+, D*(-), and D-s(+) and their charge conjugate in the rapidity interval -0.96 < y(cms) < 0.04 were measured in p-Pb collisions at a center-of-mass energy root s(NN) = 5.02 TeV with the ALICE detector at the LHC. The nuclear modification factor R-pPb, quantifying the D-meson yield in p-Pb collisions relative to the yield in pp collisions scaled by the number of binary nucleon-nucleon collisions, is compatible within the 15%-20% uncertainties with unity in the transverse momentum interval 1 < p(T) < 24 GeV/c. No significant difference among the R-pPb of the four D-meson species is observed. The results are described within uncertainties by theoretical calculations that include initial-state effects. The measurement adds experimental evidence that the modification of the momentum spectrum of D mesons observed in Pb-Pb collisions with respect to pp collisions is due to strong final-state effects induced by hot partonic matter

    Centrality dependence of high-p(T) D meson suppression in Pb-Pb collisions at root s(NN)=2.76 TeV

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    The nuclear modification factor, R-AA, of the prompt charmed mesons D-0, D+ and D*+, and their antiparticles, was measured with the ALICE detector in Pb-Pb collisions at a centre-of-mass energy root s(NN) = 2 : 76 TeV in two transverse momentum intervals, 5 < p(T) < 8 GeV/c and 8 < p(T) < 16 GeV/c, and in six collision centrality classes. The R-AA shows a maximum suppression of a factor of 56 in the 10% most central collisions. The suppression and its centrality dependence are compatible within uncertainties with those of charged pions. A comparison with the R-AA of non-prompt J/psi from B meson decays, measured by the CMS Collaboration, hints at a larger suppression of D mesons in the most central collisions

    Investment Decisions and Emissions Reductions : Results from Experiments in Emissions Trading

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    Emissions trading is an important regulatory tool in environmental policy making. Unfortunately the effectiveness of these regulations is difficult to measure in the field due to the unavailability of appropriate data. In contrast, experiments in the laboratory can provide guidance to regulators and legislatures about the performance of different market features in emission trading programs. This paper reports on the implementation of three different institutional designs, and presents experimental results investigating important features of emissions trading regimes: the ability to make investments in emissions abatement, ability to bank allowances and a declining emissions cap, both with and without uncertainty. These features are observed in virtually all existing air pollution emissions trading programs currently in place and will almost certainly be part of future applications. Like previous experimental studies of emissions trading, this paper shows that the efficiency gains expected from economic theory emerge observationally. We also show reduced efficiency when permits are bankable due to over-banking and when investments in emissions abatement are possible due to overinvesting. These tendencies do not worsen, however, when emissions caps decline.Emissions Trading, Investment in Abatement, Banking, Laboratory Experiments

    Measurement of Prompt D-Meson Production in p-Pb Collisions at root s(NN)=5.02 TeV

    No full text
    The p(T)-differential production cross sections of the prompt charmed mesons D-0, D+, D*(-), and D-s(+) and their charge conjugate in the rapidity interval -0.96 < y(cms) < 0.04 were measured in p-Pb collisions at a center-of-mass energy root s(NN) = 5.02 TeV with the ALICE detector at the LHC. The nuclear modification factor R-pPb, quantifying the D-meson yield in p-Pb collisions relative to the yield in pp collisions scaled by the number of binary nucleon-nucleon collisions, is compatible within the 15%-20% uncertainties with unity in the transverse momentum interval 1 < p(T) < 24 GeV/c. No significant difference among the R-pPb of the four D-meson species is observed. The results are described within uncertainties by theoretical calculations that include initial-state effects. The measurement adds experimental evidence that the modification of the momentum spectrum of D mesons observed in Pb-Pb collisions with respect to pp collisions is due to strong final-state effects induced by hot partonic matter
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