Environmental policies and productivity growth: Evidence across industries and firms

• Published in: Journal of environmental economics and management Vol. 81; pp. 209 - 226
• Main Authors: Albrizio, Silvia, Kozluk, Tomasz, Zipperer, Vera
• Format: Journal Article
• Language: English
• Published: Elsevier Inc 01.01.2017
• Subjects: Environmental policy stringency; Environmental regulation; Multifactor productivity; Porter Hypothesis; Porter Hypothesis; Q58; Multifactor productivity; D24; Environmental policy stringency; Environmental regulation; Q50; O44

This paper investigates the impact of changes in environmental policy stringency on industry- and firm-level productivity growth in a panel of OECD countries. To test the strong version of the Porter Hypothesis (PH), we extend a neo-Schumpeterian productivity model to allow for effects of environmen...