Impacts of the Clean Air Act on the Power Sector from 1938-1994: Anticipation and Adaptation
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https://www.nber.org/papers/w28962
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资源简介：
This paper provides the first assessment of the plant-level productivity impacts of the 1970 Clean Air Act (CAA) that accounts for anticipatory responses. A simple theoretical framework is used to illustrate how credible signals of future regulatory actions can induce firms to make anticipatory
提供机构：
美国国家经济研究局
创建时间：
2021-06-01
