Karl Marx’s Ecosocialism: Capital, Nature, and the Unfinished Critique of Political Economy
Karl Marx’s Ecosocialism: Capital, Nature, and the Unfinished Critique of Political Economy

How to Read Karl Marx’s Ecosocialism: Capital, Nature, and the Unfinished Critique of Political Economy MOBI

This digital document is a journal article from Journal of Environmental Economics and Management, published by Elsevier in . The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.Description: This paper explores empirically the impact of enforcement efforts on environmental compliance, focusing on the role of regulator reputation spillover effects. We find that, on the margin, the impact of a fine for water pollutant violations is about a two-thirds reduction in the statewide violation rate in the year following a fine. This large result obtains through the regulator's enhanced reputation; the deterrence impact on other plants in a state is almost as strong as the impact on the sanctioned plant. Focusing only on the response of the sanctioned plant, as in previous studies, may therefore seriously underestimate the efficacy of fines and other sanctions. This paper also examines the relative effectiveness of monitoring and enforcement instruments. Non-monetary sanctions contribute no detected impact on compliance, and the marginal fine induces substantially greater compliance than the marginal inspection.

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  • Released: November 16, 2020
  • Author: Kohei Saito
  • Rating: 5
  • Publisher: Ebook DIgital Agency
  • Total Page: 925 pages
  • File Size: 3670 KB
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