The Impact of Environmental Regulation on Firm and Country Competitiveness PDF Download
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Author: Mark A. Cohen
Publisher:
ISBN:
Category :
Languages : en
Pages : 62
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Book Description
Since the early 1990s, the validity of the Porter Hypothesis has been the focus of intense research efforts to establish whether well-designed environmental regulation may enhance - rather than reduce - competitiveness. However, little consensus exists on the extent to which (if at all) environmental regulation might generate profitability enhancing innovation offsets. In response to this lack of clarity in the literature and the pressing public policy implications of the Porter Hypothesis, this paper reports on a meta-analysis of 103 publications which estimate the relationship between environmental regulation and firm or country-level productivity or competitiveness. We find considerable heterogeneity in both the sign and significance level of the over 2,000 estimated “effect sizes” found in these studies. When systematically comparing all studies, we find evidence that a positive effect of environmental regulation on competitiveness is more likely at the state, region or country level, compared to the facility, firm or industry level - although in both cases the most likely scenario is a statistically insignificant effect. These findings are consistent with the strong version of the Porter Hypothesis whereby strict but flexible environmental regulations induce innovation and over time increase country-level competitiveness.
Author: Mark A. Cohen
Publisher:
ISBN:
Category :
Languages : en
Pages : 62
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Book Description
Since the early 1990s, the validity of the Porter Hypothesis has been the focus of intense research efforts to establish whether well-designed environmental regulation may enhance - rather than reduce - competitiveness. However, little consensus exists on the extent to which (if at all) environmental regulation might generate profitability enhancing innovation offsets. In response to this lack of clarity in the literature and the pressing public policy implications of the Porter Hypothesis, this paper reports on a meta-analysis of 103 publications which estimate the relationship between environmental regulation and firm or country-level productivity or competitiveness. We find considerable heterogeneity in both the sign and significance level of the over 2,000 estimated “effect sizes” found in these studies. When systematically comparing all studies, we find evidence that a positive effect of environmental regulation on competitiveness is more likely at the state, region or country level, compared to the facility, firm or industry level - although in both cases the most likely scenario is a statistically insignificant effect. These findings are consistent with the strong version of the Porter Hypothesis whereby strict but flexible environmental regulations induce innovation and over time increase country-level competitiveness.
Author: John F. McEldowney
Publisher:
ISBN: 9780857938206
Category : Environmental law
Languages : en
Pages : 0
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Book Description
Featuring an original introduction by the editors, this important collection of essays explores the main issues surrounding the regulation of the environment. The expert contributors illustrate that regulating the environment in the UK is conceptually complex, involves a diverse range of institutions, techniques and methodologies and crosses geographical and national boundaries. In the USA it is more formalised, juridical, adversarial and formally dependent upon legal rules. The articles highlight the fact that despite differences in the UK and the USA's regulatory styles, environmental regulation today has much in common with both traditions.
Author: Ursula Triebswetter
Publisher: Peter Lang Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 440
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Book Description
This study examines in three case studies whether German plants suffer from a negative impact on competitiveness caused by stringent environmental legislation. A micro level analysis showed that abatement initiatives had in general been implemented without economic damage and did not touch on the core business. Moreover, German sample plants ranked environmental pressure as relatively unimportant compared with other competitive pressures. Finally, the low absolute levels of compliance costs, at least in two of the case studies, explained why environmental regulation cannot have a great influence on competitiveness in the chosen sectors. High productivity levels were not among the essential factors explaining our findings. It implies for our case studies that also plants with lower productivity can withstand high compliance costs.
Author: Rhys Jenkins
Publisher: Edward Elgar Publishing
ISBN: 9781781950418
Category : Business & Economics
Languages : en
Pages : 372
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Book Description
This book attempts to answer these questions using case studies of three pollution-intensive industries: iron and steel, leather tanning, and fertilizers. Based on in-depth interviews with managers and regulators in Western and Eastern Europe, Asia, Africa and Latin America, the book illustrates the variety of responses to the conflicting pressures of globalization and environmental protection at corporate and industry levels.
Author: D. M. W. N. Hitchens
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 280
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Book Description
Examines the impact of regulatory policies on competitiveness and employment at the firm level, using the food processing industry in Western Europe as a case study. Compares and contrasts experiences of 67 similar firms across Europe to look at costs firms face in applying environmental regulations and the different levels of competitiveness they achieve, showing that firms can achieve national and international levels of competitiveness even when faced with an unfavorable level of regulatory costs. Annotation copyrighted by Book News, Inc., Portland, OR
Author: T. D. Stanley
Publisher: Routledge
ISBN: 0415670780
Category : Business & Economics
Languages : en
Pages : 202
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Book Description
Meta-Regression Analysis in Economics and Business is the first text devoted to the meta-regression analysis (MRA) of economics and business research.
Author: Christian M. Scholz
Publisher: Chinese University Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 176
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Book Description
Author: Emiel F. M. Wubben
Publisher: Edward Elgar Publishing
ISBN: 9781782543978
Category : Business & Economics
Languages : en
Pages : 168
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Book Description
Drawing together the fields of environmental economics, environmental regulation and strategic management, this study discusses the question of environmental performance versus corporate practices and finds that environmental considerations can have a positive effect on business.
Author: Imad A. Moosa
Publisher: Edward Elgar Publishing
ISBN: 1782549242
Category : Business & Economics
Languages : en
Pages : 352
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Book Description
øThe authors present an extensive survey of the empirical evidence on the determinants of environmental performance as well as the effects of environmental regulation on the costs of production, plant location, firm-level productivity, stock prices and
Author: Emmanuel Petrakis
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 296
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Book Description
Emissions taxes, tradeable emission permits and voluntary compliance policies are becoming the instruments of choice in controlling environmental problems at the national and international level. This text uses research in order to appraise their efficiency in varying market conditions.
