The Porter hypothesis asserts polluting firms can benefit from environmental policies, arguing that well-designed environmental regulations stimulate innovation, which, by increasing either productivity or product value, leads to private benefits. As a consequence, environmental regulations...

Cet article présente de manière non technique certains des fondements théoriques possibles de l'hypothèse de Porter selon laquelle, des réglementations environmentales strictes peuvent améliorer le profit des industries qui y sont soumises. Après une brève présentation de l'hypothèse,...

We consider a market with three competitors, two of which decide to cooperate. Firms first choose capacity under demand uncertainty then compete in quantities after the uncertainty has been resolved. We specify strategic alliance (SA) as an agreement where two airlines jointly choose capacity...

This paper tests whether adopting the international norm ISO 14001 significantly impacts environmental performance in Quebec's pulp and paper industry. Using monthly data collected from 37 plants between 1997 and 2003, we show that: i) ISO certification does not lead to a reduction in total...

This note shows that, by reducing agency costs, an environmental regulation may enhance pollution-reducing innovation while at the same time increasing firms'private benefit.

This paper reviews in a non-technical presentation some of the theoretical foundations of the Porter Hypothesis that argues that strict environmental regulations may increase the profits of industries that have to respect them. After a short presentation of the hypothesis, some of the arguments...

The Porter hypothesis asserts polluting firms can benefit from environmental policies, arguing that well-designed environmental regulations stimulate innovation, which by increasing either productivity or product value, leads to private benefits. As a consequence, environmental regulations would...