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Do Painless Environmental Policies Exist?

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Author Info
Smith, V Kerry
Walsh, Randy

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Abstract

This paper reports an experimental test of the Porter Hypothesis that environmental regulations create innovation offsets that would not otherwise be undertaken. Using a process analysis framework to consistently account for non-separabilities in production and pollution abatement practices, the findings suggest productivity gains can appear to be greater with environmental regulations than without even though they are not. This result which would seem to support the Porter argument, is the result of inadequacies in the methods used to decompose the influences to productivity change. Thus, the experiments offer one explanation for why it has been difficult in practice to reject the hypothesis. Copyright 2000 by Kluwer Academic Publishers

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Publisher Info
Article provided by Springer in its journal Journal of Risk and Uncertainty.

Volume (Year): 21 (2000)
Issue (Month): 1 (July)
Pages: 73-94
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Handle: RePEc:kap:jrisku:v:21:y:2000:i:1:p:73-94

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  1. Ziesemer, Thomas & Kriechel, Ben, 2007. "The Environmental Porter Hypothesis: Theory, Evidence and a Model of Timing of Adoption," UNU-MERIT Working Paper Series 024, United Nations University, Maastricht Economic and social Research and training centre on Innovation and Technology. [Downloadable!]
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