Date Time
Poorer communities hardest hit by toxic pollution incidents
Toxic pollution hits poorer populations hardest as firms experience more pollutant releases and spend less money on waste management in areas with lower average incomes.
Research from Lancaster University Management School and Texas Tech University, published in European Economic Review looked into the relationship between the location choices of potentially polluting firms and levels of local income to discover if firms made strategic decisions on site locations based on population demographics.
The team studied potentially polluting firms across Texas, and found a correlation between lower income locations and the probability of potentially polluting firms choosing to locate there. Their data, from the US Environment Agency’s Toxic Release Inventory also showed the relative frequency of toxic releases decreased as household income rose.
Toxic pollution badly hits poorer populations
Toxic pollution hits poorer populations hardest as firms experience more pollutant releases and spend less money on waste management in areas with lower average incomes.
Research from Lancaster University Management School and Texas Tech University, published in
European Economic Review looked into the relationship between the location choices of potentially polluting firms and levels of local income to discover if firms made strategic decisions on site locations based on population demographics.
The team studied potentially polluting firms across Texas, and found a correlation between lower income locations and the probability of potentially polluting firms choosing to locate there. Their data, from the US Environment Agency s Toxic Release Inventory also showed the relative frequency of toxic releases decreased as household income rose.
Poorer communities hardest hit by toxic pollution incidents eurekalert.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eurekalert.org Daily Mail and Mail on Sunday newspapers.
Erik Brynjolfsson, Xiang Hui, Meng Liu
Protectionism has been on the rise in recent years. Brexit and the China-US trade war are but a couple of examples marking the shift from previous traditions of openness towards the mobility of people, goods, and services. There is much support for the contention that restriction of trade and imposed barriers to cross-border movement are associated with a net economic loss (Delpeuch et al. 2021).
Amiti et al. (2019) calculated the deadweight cost of welfare following the protectionist actions by the Trump administration during the 2018 China-US trade war. The decrease in US real income amounted to approximately $6.9 billion during the first 11 months of 2018, with an additional cost imposed on domestic consumers and importers in the form of tariffs at roughly $12.3 billion.
Political uncertainty and sentiment: Evidence from the impact of Brexit on financial markets
This project aims to investigate whether the impact of Brexit on financial markets is consistent with rational asset pricing models using 34 financial indices. On
Project description
Financial markets have been influenced by recent political events e.g. the US-China trade war and the withdrawal of the United Kingdom (UK) from the European Union (EU) (Brexit) . The likelihood of politically related events of such magnitude has been relatively small but, given the rise in populism around the world such events are perhaps becoming more likely. Therefore it is important to study the consequences of such shocks on financial markets. As well as being extremely important these events are potentially difficult to analyse because of their unique and unprecedented nature and the fact that are also extremely emotive issues which might well give rise to unduly positive or negative s