Environmental Policy Commons^™

Three Chapters On Environmental Regulation, Pollution, And Trade Liberalization, Tingsi Wang

Doctoral Dissertations

The dissertation consists of three chapters in environmental economics and international trade. The first chapter identifies the effects of environmental regulation on Chinese manufacturing firms' markups. Difference-in-difference and triple-differenced estimates show that more stringent environmental regulation decreases firms' markups. Furthermore, environmental regulation has a significant impact on non-exporters' markups, but it has no impact on exporters. Examining pre-trends, we find that SOEs did not change their behavior in anticipation of environmental regulation, but non-SOEs started to adjust before the regulation was implemented. The second chapter evaluates how the market size affects the impact of environmental stringency on firms' economic activity. …