Arbeitspapier

The Ecological Impact of Place-Based Economic Policies

Does economic development have an unavoidable ecological cost? We examine the ecological impacts of one of India's signature place-based economic policies involving massive tax benefits for new industrial and infrastructure development following the creation of the new state of Uttarakhand. The policy, which had an explicit pro-environment mandate, resulted in no meaningful change in local forest cover. Our results suggest that even in settings with low levels of enforcement, place-based economic policies with pro-environment mandates can achieve sizeable economic expansion without major ecological costs.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 13075

Klassifikation
Wirtschaft
Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
Economic Growth and Aggregate Productivity: General
Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
National Government Expenditures and Related Policies: Infrastructures; Other Public Investment and Capital Stock
Thema
place-based economic policies
agglomeration
deforestation

Ereignis
Geistige Schöpfung
(wer)
Garg, Teevrat
Shenoy, Ajay
Ereignis
Veröffentlichung
(wer)
Institute of Labor Economics (IZA)
(wo)
Bonn
(wann)
2020

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
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Objekttyp

  • Arbeitspapier

Beteiligte

  • Garg, Teevrat
  • Shenoy, Ajay
  • Institute of Labor Economics (IZA)

Entstanden

  • 2020

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