The Porter hypothesis and the economic consequences of environmental regulation: a neo-Schumpeterian approach by Thomas Roediger-Schluga, 2004. Elgar, 368 pp. ISBN 1 84376 644 2

2005 ◽  
Vol 15 (6) ◽  
pp. 391-391
Author(s):  
David Pearce
Keyword(s):  
Environmental Regulation ◽  
Economic Consequences ◽  
Porter Hypothesis ◽  
Schumpeterian Approach

Impacts of Environmental Regulation on Sustainable Economic Growth

2018 ◽  
Vol 9 (9) ◽  
pp. 749-773
Author(s):  
Jonathan Fisher
Keyword(s):  
Economic Growth ◽  
Environmental Regulation ◽  
Technical Change ◽  
Best Practice ◽  
Environmental Regulations ◽  
The European Union ◽  
Porter Hypothesis ◽  
The United Kingdom ◽  
Environment Agency ◽  
Sustainable Economic Growth

There is considerable concern and debate about the economic impacts of environmental regulations. Jonathan Fisher, former Economics Manager at the Environment Agency in England and Wales, reviews the available evidence on this subject. Section 2 presents estimates of the costs and benefits of environmental regulations. Section 3 examines the impacts of environmental regulations on economic growth, innovation and technical change as well as impacts on competitiveness and any movement of businesses to less pollution havens. He questions call for greater certainty regarding future environmental regulations, whereas in fact there should be calls for less uncertainty. This section then suggests how this could be achieved. This section then finishes with an overview of the available evidence. This includes an examination of the Porter Hypothesis that environmental regulations can trigger greater innovation that may partially or more than fully offset the compliance costs. Section 4 then sets out principles for how better environmental regulation can improve its impacts on sustainable economic growth and illustrates how the European Union (EU) Water Framework Directive is a good example of the application of these principles in practice. Section 5 reviews current and recent political perspectives regarding developments in environmental regulations across the EU and shows how the United Kingdom (UK) has successfully positively managed to influence such developments so that EU environmental regulations now incorporate many of these principles to improve their impacts on economic growth. Section 5.1 then examines the implications of Brexit for UK environmental regulations. Finally, Section 6 sets out some best practice principles to improve the impacts of environmental regulation on sustainable economic growth, innovation and technical change.

Environmental regulation and productivity: testing the porter hypothesis

2008 ◽  
Vol 30 (2) ◽  
pp. 121-128 ◽  
Author(s):  
Paul Lanoie ◽  
Michel Patry ◽  
Richard Lajeunesse
Keyword(s):  
Environmental Regulation ◽  
Porter Hypothesis

scholarly journals ENVIRONMENTAL PROTECTION INVESTMENT AND BUSINESS PERFORMANCE OF ENTERPRISES UNDER THE INFLUENCE OF ENVIRONMENTAL REGULATION

2021 ◽  
Author(s):  
HONG ZHOU ◽  
JUN-GUO QIAO
Keyword(s):  
Environmental Protection ◽  
Environmental Regulation ◽  
Business Performance ◽  
Cumulative Effect ◽  
Economic Consequences ◽  
Pollutant Emissions ◽  
Manufacturing Companies ◽  
Protection Strategies ◽  
The Impact ◽  
Forward Looking

The 11th Five-Year Plan of China has established obligatory targets for main pollutant emissions while the completion of the targets has been associated with the achievements of local officials. With the full implementation of this plan, many enterprises began to take forward-looking environmental protection strategies to cope with the increasingly stringent environmental regulations. Most of the existing literature have systematically studied the impact of environmental regulation from the perspective of industry or region, but they have not considered the dynamic response of enterprises to environmental regulation. The research on the economic consequences of enterprises adopting forward-looking environmental protection strategies for environmental protection investment at the micro level is relatively insufficient. This paper uses the data of China's listed manufacturing companies from 2011 to 2017 to study the effect of environmental protection investment on their business performance of enterprises. The results show that environmental protection investment has a positive cumulative effect on company’s business performance, especially in non-state-owned enterprises. Based on this conclusion, this paper puts forward relevant policy suggestions to promote enterprises to implement forward-looking environmental protection strategy and gain competitive advantage.

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