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Volume 2, No. 1,
April 2003
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Compliance to
Environmental Regulations: The Indian Context
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Keren
Priyadarshini
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Indian
Institute of Management, Ahmedabad, India
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Omprakash K. Gupta*
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Department of
Management and Marketing, Prairie View A&M University,
U.S.A.
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Abstract
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Theoretical
exposition of the trade-environment linkage (in the
form of Environment Kuznets Curve) has been extensive.
While one set of studies show that with the increase
in per capita income environmental degradation would
decline, the other set of studies has shown that no
such trend exists for developing countries. Though
environmental laws are in place, firms display a very
low level of compliance in developing countries. This
article brings out the low level of compliance to
environmental regulations in India while trying to
identify the main causes.
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Key words
: compliance; environment; India; command
and control;
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market instruments
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JEL classification
: N55; O53; Q21
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