Does Environmetal Policy Stringency Foster Innovation and Productivity in OECD Countries?
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Altres documents de l'autoria: Morales-Lage, Rafael; Bengochea, Aurelia; Martinez-Zarzoso, Inmaculada
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https://www.econstor.eu/bitstream/10419/130512/1/856901970.pdf |
Metadades
Títol
Does Environmetal Policy Stringency Foster Innovation and Productivity in OECD Countries?Data de publicació
2016Editor
Georg-August-Universität GöttingenISSN
1439-2305Cita bibliogràfica
MORALES-LAGE, Rafael; BENGOCHEA-MORANCHO, Aurelia; MARTÍNEZ-ZARZOSO, Inmaculada. Does environmental policy stringency foster innovation and productivity in OECD countries?. CEGE Center for European, Governance and Economic Development Research: Discussion papers, 2016, April, no 282.Tipus de document
info:eu-repo/semantics/articleVersió de l'editorial
https://www.econstor.eu/bitstream/10419/130512/1/856901970.pdfParaules clau / Matèries
Resum
In this paper we use panel data models and quantile regressions to test the “weak” and “strong”
versions of the Porter hypothesis, using data from 14 OECD countries over the period 1990-2011.
A newly-released ... [+]
In this paper we use panel data models and quantile regressions to test the “weak” and “strong”
versions of the Porter hypothesis, using data from 14 OECD countries over the period 1990-2011.
A newly-released environmental policy stringency index (EPS) provided by the OECD is used as
an indicator of the stringency of environmental regulations in order to tackle endogeneity issues
of proxies used in earlier research. The findings indicate that more stringent environmental
regulations positively influence R&D expenditure, the number of patent applications and total
factor productivity (TFP). The results show that environmental stringency has a positive effect on
R&D, mainly for the lower quantiles (0.10, 0.25) of the distribution of R&D, whereas for the
number of patent applications and total factor productivity, the effect increases for the highest
quantiles (0.75, 0.90) of the distribution of the targeted indicators. [-]
Publicat a
CEGE Center for European, Governance and Economic Development Research: Discussion papers, 2016, April, no 282.Drets d'accés
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