Carrión-Flores, Carmen E.; Innes, Robert; Sam, Abdoul G. - In: Journal of Environmental Economics and Management 66 (2013) 3, pp. 444-459
We study whether a government-sponsored voluntary pollution reduction program (VPR) promotes or deters the development of new environmental technologies that yield future emission reduction benefits. Using a panel of 127 U.S. manufacturing industries defined by 3-digit SIC classifications over...