Environmental regulation and innovation: A panel data study

被引：1509

作者：

Jaffe, AB ^{[1
]}

Palmer, K ^{[1
]}

机构：

[1] RESOURCES FUTURE INC,WASHINGTON,DC 20036

来源：

REVIEW OF ECONOMICS AND STATISTICS | 1997年 / 79卷 / 04期

关键词：

D O I：

10.1162/003465397557196

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

In a 1991 essay in Scientific American, Michael Porter suggested that environmental regulation may have a positive effect on the performance of domestic firms relative to their foreign competitors by stimulating domestic innovation. We examine the stylized facts regarding environmental expenditures and innovation in a panel of manufacturing industries. We iind thar lagged environmental compliance expenditures have a significant positive effect on R&D expenditures when we control for unobserved industry-specific effects. We find little evidence, however, that industries' inventive output (as measured by successful patent applications) is related to compliance costs.

引用

页码：610 / 619

页数：10

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