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Many studies have identified the negative effect of environmental regulation on capital accumulation and the positive effect on innovation. This observed capital-innovation tradeoff due to environmental regulation lacks theoretical underpinning. We fill this gap by developing a unified...
Persistent link: https://www.econbiz.de/10014358242
Many studies have identified the negative effect of environmental regulation on capital accumulation and the positive effect on innovation, but this observed capital-innovation tradeoff due to environmental regulation lacks theoretical underpinning. We fill this gap by developing a unified...
Persistent link: https://www.econbiz.de/10014358687