During the Doha Round at the World Trade Organization, reductions in trade barriers on environmental goods (EG) were put forward as a means of helping developed and developing countries alike deal with current environmental problems. We examine the potential effectiveness of such a strategy in a...

We examine impacts of different types of environmental innovations on firm profits. Following Porter’s (Sci Am 264(4):168, <CitationRef CitationID="CR50">1991</CitationRef>) hypothesis that environmental regulation can improve firms’ competitiveness, we distinguish between regulation-induced and voluntary environmental innovations. We...</citationref>

This paper derives a production analysis framework for modeling secondary benefits from environmental regulation, i.e. induced changes in yet unregulated pollutants. We emphasize the various ways in which the producers can respond to environmental regulations, and evaluate them in terms of their...

The problem of investiment decisions for sources participating in transferable discharge permit (TDP) markets has not received much attention. One way TDPs offer potential savings is with their ability to influence development in a region. Static models have assessed the potential savings of...

We identify and analyse several dynamic implications of setting environmental standards such as to ‘balance’ marginal costs and benefits. The adoption of such a regulatory approach is shown to effect (i) the speed of improvement of abatement technologies; (ii) the ‘direction’ (in a sense...

Governments around the world are beginning to embrace a new form of environmental regulation – mandatory disclosure of information. While information disclosure programs appear to have an impact on subsequent firm behavior – often resulting in lower levels of pollution – little is known...

This paper examines the effect of environmental regulation on a firm’s incentives to invest in developing cheaper (clean-up) technologies in a model where consumers are willing to pay for environmentally clean technologies. It focuses on two types of policies: a BAT based policy and a...