Hatakeda, Takashi; Kokubu, Katsuhiko; Kajiwara, Takehisa; … - In: Environmental & Resource Economics 53 (2012) 4, pp. 455-481
This paper analyzes the relationship between a firm’s greenhouse gas (GHG) emissions and its profitability in Japanese manufacturing. Defining the difference between the marginal revenue and cost of reducing GHG emissions as the “net benefit,” which is endogenously characterized by various...