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Greenlining: economic and environmental effects of government facilitated lending to sustainable economic activities in the Netherlands

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  • Scholtens, Bert

    (Groningen University)

Abstract

This paper analyzes the economic and environmental impact of a policy instrument that is related to the tax deductibility of interest returns and dividend yields from specified 'green' projects. We investigate this so-called 'Green Project Facility' in the Netherlands during 1995-1999. We analyze the effect on taxes, economic growth, employment, as well as on the emission of a number of gases and on solid waste production. We find that the economic effects in general are positive. However, the environmental effects are quite mixed. It is concluded that the policy instrument could be used much more effective.

Suggested Citation

  • Scholtens, Bert, 2001. "Greenlining: economic and environmental effects of government facilitated lending to sustainable economic activities in the Netherlands," Research Report 01E04, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
    • Handle: RePEc:gro:rugsom:01e04
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    File URL: http://irs.ub.rug.nl/ppn/216861535
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    References listed on IDEAS

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    1. van Schaik, A.B.T.M., 2000. "Komen we steeds meer rood te staan?. [Review of the book De Nederlandse Economie 1999, CBS - Centraal Bureau voor de Statistiek , 2000]," Other publications TiSEM b9a17911-8932-42d1-87f8-2, Tilburg University, School of Economics and Management.
    2. Cropper, Maureen L & Oates, Wallace E, 1992. "Environmental Economics: A Survey," Journal of Economic Literature, American Economic Association, vol. 30(2), pages 675-740, June.
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    Cited by:

    1. Gerd Scholl & Frieder Rubik & Harri Kalimo & Katja Biedenkopf & Ólöf Söebech, 2010. "Policies to promote sustainable consumption: Innovative approaches in Europe," Natural Resources Forum, Blackwell Publishing, vol. 34(1), pages 39-50, February.
    2. Sanchez, Pablo & Rodriguez, Miguel A. & Ricart, Joan E., 2002. "Inversión socialmente responsable: evolución, tendencias e implicaciones para la dirección de las empresas, La," IESE Research Papers D/464, IESE Business School.

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