pollution abatement costs and foreign direct investment inflows to us states may 20 2001 wolfgang keller university of texas eco utexas edu arik levinson georgetown aml6 abstract this paper estimates the effect changing environmental standards on patterns international analysis advances existing literature in three ways first we avoid comparing different countries by examining fdi differences among data are more comparable than that for similar other difficult measure dimensions second account industrial compositions an acknowledged problem earlier studies third employ 18 year panel relative allowing control unobserved state characteristics find robust evidence have had moderate deterrent effects jel keywords regulations location haven codes r38 f23 q28 acknowledgments has benefitted from funding provided national science foundation wisconsin alumni research invaluable assistance joe hendrickson wayne
