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This paper addresses the question why a lot of firms demand stricter environmental regulation. With non-identical producers within the same industry, lobbying for tighter environmental rules turns out to be an important strategy of raising rivals' costs. Furthermore, the paper explains when the...
Persistent link: https://www.econbiz.de/10010986291
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>
Persistent link: https://www.econbiz.de/10010987507
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...
Persistent link: https://www.econbiz.de/10010987548
We study the issue of optimality of policies devoted to environmental goals, building upon the recent and interesting work by Alesina and Passarelli (<CitationRef CitationID="CR1">2010</CitationRef>) and extending their analysis to the more general framework set up by Weitzman (The Review of Economic Studies 41: 477-491, <CitationRef CitationID="CR19">1974</CitationRef>). We...</citationref></citationref>
Persistent link: https://www.econbiz.de/10010989094
This article provides evidence to the debateabout whether or not investments designated forcompliance with environmental performance andtechnology standards favor or harm the workproductivity of companies. A panel data modelis analyzed, which panel refers to 53 largeSpanish companies quoted on...
Persistent link: https://www.econbiz.de/10010989410
Persistent link: https://www.econbiz.de/10010850045
It remains an open question whether the impact of environmental regulations differs by the size of the business. Such differences might be expected because of statutory, enforcement, and/or compliance asymmetries. Here, we consider the net effect of these three asymmetries, by estimating the...
Persistent link: https://www.econbiz.de/10010859531
In a market where consumers are not fully informed about the actual production technology or environmental performance of firms that engage in strategic competition, I study the effect of environmental consciousness of consumers on the incentive to invest in cleaner technology. Firms compete in...
Persistent link: https://www.econbiz.de/10010862317
I analyze the pricing and investment behavior of a firm that signals the environmental attribute of its production technology through its price to uninformed environmentally conscious consumers. I then analyze the effect of change in environmental regulation on the signaling outcome and the...
Persistent link: https://www.econbiz.de/10010862319
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...
Persistent link: https://www.econbiz.de/10010862788