Firm Presence, Pollution, and Agglomeration: Evidence from a Randomized Environmental Place-Based Policy
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Firm location decisions impose externalities on other firms due to competitive or agglomerative forces, and on the environment. We study an environmental place-based policy that randomly moved 20,000 firms in New Delhi. Relocation reduces pollution, but firm exit increases. We combine the exogenous
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美国国家经济研究局创建时间：
2025-04-01
