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A Theoretical Foundation of the Porter Hypothesis

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Author Info
Stefan Ambec () (CSEF, Università di Salerno)
Philippe Barla (GREEN, Université Laval, Canada))

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Abstract

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.

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Publisher Info
Paper provided by Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy in its series CSEF Working Papers with number 54.

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Date of creation: 01 Mar 2001
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Publication status: Published in Economic Letters, 2002, vol. 75, pages 355-360
Handle: RePEc:sef:csefwp:54

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Related research
Keywords: Renegotiation; Regulation; R&D; Porter Hypothesis;

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Find related papers by JEL classification:
L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
O32 - Economic Development, Technological Change, and Growth - - Technological Change - - - Management of Technological Innovation and R&D

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Paul Beaudry & Michel Poitevin, 1995. "Contract Renegotiation: A Simple Framework and Implications for Organization Theory," Canadian Journal of Economics, Canadian Economics Association, vol. 28(2), pages 302-35, May. [Downloadable!] (restricted)
    Other versions:
  2. Sappington, David, 1983. "Limited liability contracts between principal and agent," Journal of Economic Theory, Elsevier, vol. 29(1), pages 1-21, February. [Downloadable!] (restricted)
  3. Palmer, Karen & Oates, Wallace E & Portney, Paul R, 1995. "Tightening Environmental Standards: The Benefit-Cost or the No-Cost Paradigm?," Journal of Economic Perspectives, American Economic Association, vol. 9(4), pages 119-32, Fall. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. David Popp, 2005. "Uncertain R&D and the Porter Hypothesis," The B.E. Journal of Economic Analysis & Policy, Berkeley Electronic Press, vol. 0(1). [Downloadable!]
  2. Ambec, Stefan & Barla, Philippe, 2005. "Can Environmental Regulations be Good for Business? an Assessment of the Porter Hypothesis," Cahiers de recherche 0505, GREEN. [Downloadable!]
    Other versions:
  3. Philippe Barla & Christos Constantatos & Markus Herrmann, 2008. "Environmental Regulation as a Coordination Device for the Introduction of a Green Product: The Porter’s Hypothesis Revisited," Discussion Paper Series 2008_04, Department of Economics, University of Macedonia, revised May 2008. [Downloadable!]
  4. Giovanni Cespa & Giacinta Cestone, 2002. "Stakeholder Activism, Managerial Entrenchment, and the Congruence of Interests between Shareholders and Stakeholders," Economics Working Papers 634, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
    Other versions:
  5. Kriechel,Ben & Ziesemer,Thomas, 2005. "The Environmental Porter Hypothesis as a Technology Adoption Problem?," Research Memoranda 008, Maastricht : MERIT, Maastricht Economic Research Institute on Innovation and Technology. [Downloadable!]
    Other versions:
  6. Ambec, Stefan & Barla, Philippe, 2001. "Productivité et réglementation environnementale: une analyse de l'hypothèse de Porter," Cahiers de recherche 0104, GREEN. [Downloadable!]
    Other versions:
  7. ThŽophile, AZOMAHOU & Raouf, BOUCEKKINE & Phu, NUYEN VAN, 2003. "Energy consumption, technological progress and economic policy," Discussion Papers (IRES - Institut de Recherches Economiques et Sociales) 2003025, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES). [Downloadable!]
  8. Ambec, S. & Lanoie, P., 2007. "When and why does it pay to be green ?," Working Papers 200704, Grenoble Applied Economics Laboratory (GAEL). [Downloadable!]
    Other versions:
  9. Francisco J. André & Paula González & Nicolás Porteiro, 2007. "Strategic Quality Competition and the Porter Hypothesis," Working Papers 07.03, Universidad Pablo de Olavide, Department of Economics. [Downloadable!]
    Other versions:
  10. Marklund, Per-Olov, 2004. "Essays on Productive Efficiency, Shadow Prices, and Human Capital. PhD Thesis," UmeÃ¥ Economic Studies 621, Umeå University, Department of Economics. [Downloadable!]
  11. Paul Lanoie & Jérémy Laurent-Lucchetti & Nick Johnstone & Stefan Ambec, 2007. "Environmental Policy, Innovation and Performance: New Insights on the Porter Hypothesis," CIRANO Working Papers 2007s-19, CIRANO. [Downloadable!]
    Other versions:
  12. Ziesemer, Thomas & Kriechel, Ben, 2006. "Taxation and Technology Adoption: A Hotelling Approach," UNU-MERIT Working Paper Series 009, United Nations University, Maastricht Economic and social Research and training centre on Innovation and Technology. [Downloadable!]
  13. Ambec, Stefan & Barla, Philippe, 2005. "Quand la réglementation environmentale profite aux polleurs. Survol des fondements théoriques de l'hypothèse de Porter," Cahiers de recherche 0504, GREEN. [Downloadable!]
    Other versions:
  14. Petr Hanel, 2003. "Impact of innovation motivated by environmental concerns and government regulations on firm performance: a study of survey data," Cahiers de recherche 03-09, Departement d'Economique de la Faculte d'administration à l'Universite de Sherbrooke. [Downloadable!]
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This page was last updated on 2009-12-21.


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