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-driven environmental innovation may impose additional costs to firms and lower their profits. On the other hand, eco-innovators could … profit from lower uncertainty in innovation due to regulatory standards and demand-generating effects of regulation. In this … paper we analyse (a) whether regulation-driven environmental innovation generate similar innovation success compared to …
Persistent link: https://www.econbiz.de/10008660559
-driven environmental innovation may impose additional costs to firms and lower their profits. On the other hand, eco-innovators could … profit from lower uncertainty in innovation due to regulatory standards and demand-generating effects of regulation. In this … paper we analyse (a) whether regulation-driven environmental innovation generate similar innovation success compared to …
Persistent link: https://www.econbiz.de/10014190159
Exploiting the Central Environmental Inspections (CEI) in China as a quasi-natural experiment, we find that public firms in polluting industries experience significant gain in both profitability and market valuation after the regulatory shock, relative to firms in nonpolluting industries. The...
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This paper provides the first comprehensive analysis of how firms in emerging economies respond to carbon taxation, leveraging detailed administrative data from South Africa-a potential trailblazer for other developing countries with limited state capacity amid the growing global push for carbon...
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. In the years from 2002 to 2004, approximately 6,600 firms in Germany introduced EREIs. Analysing German innovation data …, we find statistically significant differences in the innovation activities between firms with EREIs and other innovators … main incentive for investing in higher resource efficiency are cost savings. Moreover, firms with EREIs perceive innovation …
Persistent link: https://www.econbiz.de/10014202088