期刊
JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT
卷 40, 期 1, 页码 56-75出版社
ACADEMIC PRESS INC
DOI: 10.1006/jeem.1999.1105
关键词
environmental; regulation; entry; barrier; manufacturing; small business
This paper estimates the effect of environmental regulations on the formation of small manufacturing establishments. Examining new business formations across 170 manufacturing industries over a ten-year span suggested that a greater intensity of environmental regulation is associated with fewer small business formations. There were no effects on the formation of. large establishments, implying that environmental regulations put small entrants at a unit cost disadvantage. This finding is consistent with our arguments fur compliance asymmetries, enforcement asymmetries, and statutory asymmetries. (C) 2000 Academic Press.
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