Carrión-Flores, Carmen E.; Innes, Robert - In: Journal of Environmental Economics and Management 59 (2010) 1, pp. 27-42
By estimating a simultaneous panel data model of environmental innovation and toxic air pollution, this paper identifies bi-directional causal links between the two. We study a panel of 127 manufacturing industries over the period 1989-2004. Pollutant emissions are an implicit measure of policy...