Environmental regulation and innovation: A panel data study
Environmental regulation and innovation: A panel data study
复制标题
DOI：
10.1162/003465397557196
复制
发表时间：
1997-11-01
影响因子：
8
通讯作者：
Palmer, K
中科院分区：
文献类型：
--
作者：
Jaffe, AB;Palmer, K
1991年，迈克尔·波特在《科学美国人》杂志上发表的一篇文章中指出，环境管制可以刺激国内创新，从而对国内企业相对于外国竞争者的业绩产生积极影响。我们研究的程式化的事实，在一个小组的制造业的环境支出和创新。我们发现，滞后的环境合规支出有一个显着的积极影响，R&D支出时，我们控制了未观察到的行业特定的影响。然而，我们发现几乎没有证据表明工业的发明产出（以成功的专利申请衡量）与合规成本有关。
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.