In this paper, we examine the relationship between economic and environmental performance. More specifically, we analyse the impact of SO2 reduction in the eighties (1980-1992) on productivity growth, technical efficiency and technological progress for a set of 12 OECD countries. Our timeframe...

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...

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...

In this paper, we examine the relationship between economic and environmental performance. More specifically, we analyse the impact of SO2 reduction in the eighties (1980-1992) on productivity growth, technical efficiency and technological progress for a set of 12 OECD countries. Our timeframe...