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Thursday, August 6, 2020 | History

3 edition of The Porter Hypothesis and the Economic Consequences of Environmental Regulation found in the catalog.

The Porter Hypothesis and the Economic Consequences of Environmental Regulation

A Neo-Schumpeterian Approach

by Thomas Roediger-Schluga

  • 182 Want to read
  • 6 Currently reading

Published by Edward Elgar Publishing .
Written in English

    Subjects:
  • Natural Resources,
  • Environmental,
  • Public Policy - General,
  • Law,
  • Nature,
  • Ecological engineering,
  • Environmental economics,
  • Environmental policy

  • The Physical Object
    FormatHardcover
    Number of Pages349
    ID Numbers
    Open LibraryOL11906756M
    ISBN 101843766442
    ISBN 109781843766445

    inefficiently in the absence of the right kind of environmental regulations, and that the Environmental policy, the Porter hypothesis, productivity, profitability. JEL classification: D20, H23, Q52, Q55, can contribute to reducing the negative economic impact of fighting global warming is. On the contrary, Porter hypothesis assumes the stringent environmental regulation actually triggers technological innovation. • Firm will discover cleaner technologies and make environment related innovations. • Firm will design production processes more efficiently. So the environmental regulation creates competitive advantage on.

    the Porter hypothesis (PH) has started from reduced-form models, for example, single-equation models for estimating the contribution of environmental regulation to productivity. This paper follows a structural approach that allows testing what is known in the literature as the ‘weak’ and the ‘strong’ version of the by: Environmental regulation and competitiveness: Empirical evidence on the Porter Hypothesis from European manufacturing sectors Yana Rubashkinaa, Marzio Galeottib,n, Elena Verdolinic a Università Cattolica di Milan, Italy b Università di Milano and IEFE-Bocconi, Italy c Fondazione Eni Enrico Mattei and CMCC, Italy HIGHLIGHTS.

    The economic effects from eco-innovation gained increasing attention with the publication of the famous Porter hypothesis, which suggests that environmental regulation leads to positive effects on the innovative behavior and competitiveness of regulated firms. The application of empirical methods is necessary to gain a thoroughCited by: 3.   (4) Environmental regulation has significantly suppressed the substantive innovation and strategic innovation of manufacturing industry, and the weak Porter hypothesis has not yet been supported. In the short term, environmental regulation inhibits manufacturing economic performance, but it can promote energy and environmental by: 8.


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The Porter Hypothesis and the Economic Consequences of Environmental Regulation by Thomas Roediger-Schluga Download PDF EPUB FB2

Book Review. The Porter hypothesis and the economic consequences of environmental regulation: a neo‐Schumpeterian approach by Thomas Roediger‐Schluga, Elgar, pp. ISBN 1 2. David Pearce. University College London, : David Pearce. Environmental Regulation Pollution Abatement Environmental Investment Dominant Design Porter Hypothesis These keywords were added by machine and not by the authors.

This process is experimental and the keywords may be updated as the learning algorithm by: The author presents a novel perspective on the Porter Hypothesis, arguing that the effect of environmental regulation is too weak to induce technological change.

This implies that environmental policy intervention has little, if any, economic consequences which has significant repercussions for environmental decision-making. Porter challenged the conventional wisdom abo ut the impact of environmental regulation on business by arguing that well-designed regulation could actually increase competitiveness: “Strict environmental regulations do not inevitably hinder competitive advantage against rivals; indeed, they often enhance it ” (Porter).

This book focuses on empirical studies of the impact of environmental regulation on the economy, exposing the reader to a variety of estimation methodologies and datasets that have been used in this area.

Three basic sources provide information on the costs of environmental regulation: surveys; engineering studies; and econometric by: 9.

The Porter hypothesis - the third or revisionist hypothesis in our overview - states that environmental regulation can lead to improved competitiveness: efficient regulations may actually stimulate innovation, efficiency gains, industrial growth and by: become known as the Porter Hypothesis suggests that environmental regulation may provide an incentive for firms to innovate, which can improve productivity and in some cases even result in lower by: The “Porter hypothesis” has spurred substantial amounts of research on the influence of environmental regulation on innovation.

While adherents of the Porter hypothesis have sought to demonstrate the empirical relevance of the win-win claim, neoclassical economists have argued that such win-win opportunities are : Maryam Asghari.

Following Porter’s () hypothesis that environmental regula- tion can improve firms’ competitiveness we distinguish regulation induced and voluntary environmental innovations. We find that innovations which reduce en- vironmental externalities reduce firms’ profits, as long as they are induced by re- Size: KB.

The Porter Hypothesis states that one potential impact of environmental regulation might be to incentivize technological change, and so enhance production and efficiency in the regulated industries (Ambec et al., ; Porter and Van der Linde, ).Author: Pedro Naso, Yi Huang, Tim Swanson.

Twenty years ago, Harvard Business School economist and strategy professor Michael Porter stood conventional wisdom about the impact of environmental regulation on business on its head by declaring that well designed regulation could actually enhance competitiveness.

According to Porter hypothesis, appropriate environmental regulation can promote corporation innovation. The innovation will even offset the corporation loss caused by environmental regulation and improve corporation by: Porter argues that environmental regulation may help firms identify inefficient uses of costly resources.

They may also produce and disseminate new information (e.g., best-practice technologies) and help overcome organizational inertia. There is much confusion in the literature about what the Porter Hypothesis actually Size: KB. AbstractSince the early s, the validity of the Porter hypothesis has been the focus of intense research to establish whether well-designed environmental regulation may enhance—rather than reduce—competitiveness.

However, little consensus exists on the extent to which environmental regulation might generate profitability enhancing innovation by: The Porter hypothesis--the third or revisionist hypothesis in our overview--states that environmental regulation can lead to improved competitiveness.

Many authors only find "anecdotal" evidence. The Porter Hypothesis is premised on flexible market-based environmental regulation, not rigid command-and-control regulation.

Thus if the competitiveness or innovation benefits promised by Porter are to be realized, it is important that the right type of regulations be implemented (e.g., Cited by: Those in the forefront of the Porter hypothesis challenge the conventional wisdom basically on the ground that resources are used inefficiently in the absence of the right kind of environmental regulations, and that the conventional neo-classical view is too static to take inefficiencies into account.

The design of an environmental regulation in a market framework: a conceptual model -- 7. Empirical evidence on the genesis of Austrian VOC emission standards -- 8. Confronting the expected regulatory outcome with reality -- 9. Focusing on the two premises of the Porter hypothesis, this paper develops a range of a priori assumptions on the nature of the relationships between environmental regulations and other drivers of environmental innovation, environmental management practices (EMPs) and firm financial by: THE PORTER HYPOTHESIS AT CAN ENVIRONMENTAL REGULATION ENHANCE INNOVATION AND COMPETITIVENESS.

By Stefan Ambec1, Mark A. Cohen2, Stewart Elgie3 and Paul Lanoie4 July 1 Researcher, Toulouse School of Economics (NRA‐LERNA) and Visiting Professor, University of Gothenburg. The. But what is the effect of environmental regulation on economic de-velopment in China? According to the Porter hypothesis, environmental regulation might affect the pace and direction of technological change through innovation (Ambec et al.

()). Over the years, there have 1Chinese Ministry of Environmental Protection. 2.The hypothesis was formulated by the economist Michael Porter in an article in The hypothesis suggests that strict environmental regulation triggers the discovery and introduction of cleaner technologies and environmental improvements, the innovation effect, making production processes and products more efficient.

Zhang L., Yang L., Ye F., Zhou G. () Is Porter Hypothesis True or FalseA Perspective Based on Environmental Strategic Orientation. In: Xu J., Ahmed S., Cooke F., Duca G. (eds) Proceedings of the Thirteenth International Conference on Management Science and Engineering Management.

ICMSEM Author: Liming Zhang, Li Yang, Fei Ye, Guichuan Zhou.