The Ecological Impact of Place-Based Economic Policies

Arbeitspapier

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.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: IZA Discussion Papers ; No. 13075

Classification and Topics

• Classification: 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
• Subject: place-based economic policies ; agglomeration ; deforestation

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Garg, Teevrat ; Shenoy, Ajay
• Event: Veröffentlichung
• (who): Institute of Labor Economics (IZA)
• (where): Bonn
• (when): 2020

Further information

• Handle: http://hdl.handle.net/10419/216387
• Last update: 10.03.2025, 11:42 AM CET