Economic studies of water and air pollution begun in the 1990s suggest that after some level of income has been reached, greater prosperity leads to a cleaner environment. But what institutional factors underlie the observed tendency for environment quality to turn from worsening to improving?
|Other Independent Review articles by Bruce Yandle|
|Spring 2016||Stagnation by Regulation in Americas Kudzu Economy|
|Summer 2013||How Earth Day Triggered Environmental Rent Seeking|
|Spring 2012||Taxpayers and Tax Spenders: Does a Zero Tax Price Matter?|
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