Haruna, Shoji; Goel, Rajeev K.; Yoshioka, Kenta - 2026
Firms' efforts to reduce pollution emissions in their production processes are induced by market forces as well as … greater pollution being an unwelcome by-product (the tax burden effect). Pollution abatement (PA) investment, which is another …-economic perspective, the PA strategy is significantly superior to the R&D strategy when (pollution) damage cost parameters are medium or …