Environmental regulations and innovation activity in UK manufacturing industries

Resource and Energy Economics

Volumn 34, Issue 2, 2012, Pages 211-235

  Kneller, Richard ^a   Manderson, Edward ^b  

^a UNIVERSITY OF NOTTINGHAM   (United Kingdom)

^b UNIVERSITY OF WYOMING   (United States)

Author keywords

Innovation; Panel data; Pollution abatement expenditures

Indexed keywords

CAPITAL ACCUMULATION; ENDOGENEITY; ENVIRONMENTAL CAPITAL; INNOVATION ACTIVITY; MANUFACTURING INDUSTRIES; PANEL DATA; POLLUTION ABATEMENT; POLLUTION ABATEMENT EXPENDITURES;

INNOVATION; POLLUTION;

ENVIRONMENTAL REGULATIONS;

ABATEMENT COST; ENVIRONMENTAL POLICY; INNOVATION; INVESTMENT; MANUFACTURING; PANEL DATA; POLLUTION; RESEARCH AND DEVELOPMENT;

UNITED KINGDOM;

EID: 84855513973     PISSN: 09287655     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.reseneeco.2011.12.001     Document Type: Article

References (51)

1. Aghion P., Bloom N., Blundell R., Griffith R., Howitt P. Competition and innovation: an inverted-U relationship. Quarterly Journal of Economics 2005, (May):701-728.
2. Alonso-Borrego C., Arellano M. Symmetrically normalized instrumental-variable estimation using panel data. Journal of Business and Economic Statistics 1999, 17(1):36-49.
3. Alpay E., Buccola S., Kerkvliet J. Productivity growth and environmental regulation in Mexican and US food manufacturing. American Journal of Agricultural Economics 2002, 84(4):887-901.
4. Arellano M., Bond S. Some tests of specification for panel data: Montecarlo evidence and an application to employment equations. Review of Economic Studies 1991, 58(2):277-297.
5. Arellano M., Bover O. Another look at the instrumental-variable estimation of error-components models. Journal of Econometrics 1995, 68(1):29-52.
6. Arimura T., Hibiki A., Johnstone N. An empirical study of environmental R&D: what encourages facilities to be environmentally-innovative?. Corporate Behaviour and Environmental Policy 2007, Edward Elgar in association with OECD, Cheltenham, UK. N. Johnstone (Ed.).
7. Bauman Y., Lee M., Seeley K. Does technological innovation really reduce marginal abatement costs? Some theory, algebraic evidence, and policy implications. Environmental and Resource Economics 2008, 40:507-527.
8. Baumol W.J. The Free Market Innovation Machine-Analysing the Growth Miracle of Capitalism 2002, Princeton University Press, New Jersey.
9. Berman E., Bui L.T.M. Environmental regulation and productivity: evidence from oil refineries. Review of Economics and Statistics 2001, 83(3):498-510.
10. Blundell R., Bond S. Initial conditions and moment restrictions in dynamic panel data models. Journal of Econometrics 1998, 87(1):115-143.
11. Boyd G., McClelland J. The impact of environmental constraints on productivity improvement in integrated paper plants. Journal of Environmental Economics and Management 1999, 38:121-142.
12. Brannlund R., Fare R., Grosskopf S. Environmental regulation and profitability: an application to Swedish pulp and paper mills. Environmental and Resource Economics 1995, 6:23-36.
13. Brown G. Speech Presented at the Energy and Environment Ministerial Roundtable, UK 2005.
14. Brunnermeier S.B., Cohen M.A. Determinants of environmental innovation in US manufacturing industries. Journal of Environmental Economics and Management 2003, 45:278-293.
15. Carrion-Flores C.E., Innes R. Environmental innovation and environmental performance. Journal of Environmental Economics and Management 2010, 59:27-42.
16. Cole M., Elliott R. FDI and the capital intensity of " dirty" sectors: a missing piece of the pollution haven puzzle. Review of Development Economics 2005, 9(4):530-548.
17. Cole M., Elliott R. Do environmental regulations cost jobs? An industry-level analysis of the UK. B.E. Journal of Economic Analysis and Policy 2007, 7(1). (Topics), Article 28. Available at: http://www.bepress.com/bejeap/vol7/iss1/art28.
18. Department of Environment, Food and Rural Affairs (DEFRA) Environmental Protection Expenditure by Industry: 2007 UK Survey, Final Report 2009.
19. Fischer C., Parry I.W.H., Pizer W.A. Instrument choice for environmental protection when technological innovation is endogenous. Journal of Environmental Economics and Management 2003, 45(3):523-545.
20. Gonzalez P. The empirical analysis of the determinants for environmental technological change: a research agenda. Ecological Economics 2009, 68:861-878.
21. Gray W.B., Shadbegian R.J. Environmental regulation, investment timing, and technology choice. Journal of Industrial Economics 1998, 46(2):235-256.
22. Gray W.B., Shadbegian R.J. Plant vintage, technology, and environmental regulation. Journal of Environmental Economics and Management 2003, 46:384-402.
23. Horbach J. Determinants of environmental innovation-new evidence from German panel data sources. Research Policy 2008, 37:163-173.
24. Jaffe A.B., Newell R.G., Stavins R.N. Environmental policy and technological change. Environmental and Resource Economics 2002, 22:41-69.
25. Jaffe A.B., Palmer K. Environmental regulation and innovation: A panel data study. Review of Economics and Statistics 1997, 79:610-619.
26. Jung C., Krutilla K., Boyd R. Incentives for advanced pollution abatement technology at the industry level: an evaluation of policy alternatives. Journal of Environmental Economics and Management 1996, 30(1):95-111.
27. Keller W., Levinson A. Pollution abatement costs and foreign direct investment inflows to US states. Review of Economics and Statistics 2002, 84(4):691-703.
28. Lanjouw J.O., Mody A. Innovation and the international diffusion of environmentally responsive technology. Research Policy 1996, 25:549-571.
29. Lanoie, P., Laurent-Lucchetti, J., Johnstone, N., Ambec, S., 2007. Environmental Policy, Innovation and Performance: New Insights on the Porter Hypothesis, CIRANO Working Paper, pp. 1-37.
30. Lanoie P., Patry M., Lajeunesse R. Environmental regulation and productivity: testing the Porter hypothesis. Journal of Productivity Analysis 2008, 30:121-128.
31. Levinson A., Taylor M. Unmasking the pollution Haven effect. International Economic Review 2008, 49(1):223-254.
32. Milliman S.R., Prince R. Firm incentives to promote technological change in pollution control. Journal of Environmental Economics and Management 1989, 17(3):247-265.
33. Morgenstern R.D., Pizer W.A., Shih J. The cost of environmental protection. The Review of Economics and Statistics 2001, 83(4):732-738.
34. Morgenstern R.D., Pizer W.A., Shih J. Jobs versus the environment: an industry-level perspective. Journal of Environmental Economics and Management 2002, 43:412-436.
35. Murty M.N., Kumar S. Win-win opportunities and environmental regulation: testing of porter hypothesis for Indian manufacturing industries. Journal of Environmental Management 2003, 67:139-144.
36. Nelson R.A., Tietenberg T., Donihue M.R. Differential environmental regulation: effects on electric utility capital turnover and emissions. Review of Economics and Statistics 1993, 75(2):368-373.
37. Nemet G.F., Kammen D.M. U.S. energy research and development: declining investment, increasing need, and the feasibility of expansion. Energy Policy 2007, 35:746-755.
38. Newell R.G., Jaffe A.B., Stavins R.N. The induced innovation hypothesis and energy-saving technological change. Quarterly Journal of Economics 1999, 114:941-975.
39. Piot-Lepetit I., Le Moing M. Productivity and environmental regulation: the effect of the nitrates directive in the French pig sector. Environmental and Resource Economics 2007, 38:433-446.
40. 2 regulation in the US, Japan, and Germany. Journal of Environmental Economics and Management 2006, 51:46-71.
41. Popp, D., Newell, R. Where does energy R&D come from? Examining crowding out from energy R&D, Energy Economics, in press. doi:10.1016/j.eneco.2011.07.001.
42. Porter M.E. America's Green Strategy. Scientific American 1991, 264(4):168. April 1991.
43. Porter M.E., van der Linde C. Toward a new conception of the environment-competitiveness relationship. Journal of Economic Perspectives 1995, 9(4):97-118.
44. Roediger-Schluga T. Some micro-evidence on the " porter hypothesis" from Austrian VOC emission standards. Growth and Change 2003, 34:359-379.
45. Roodman D. A note on the theme of too many instruments. Oxford Bulletin of Economics and Statistics 2009, 71(1):135-158.
46. Schumpeter J.A. Capital, socialism and democracy 1942, Harper Brothers, New York, 1942.
47. Scott J.T. Schumpeterian competition and environmental R&D. Managerial and Decision Economics 1997, 18(6):455-469.
48. Smith V.K., Walsh R. Do painless environmental policies exist?. Journal of Risk and Uncertainty 2000, 21(1):73-94.
49. Ulph D. Environmental policy and technological innovation'. Frontiers of Environmental Economics 1998, Edward Elgar, Cheltenhsam, UK. C. Carraro, Siniscalaco (Eds.).
50. Windmeijer F. A finite sample correction for the variance of linear efficient two-step GMM estimators. Journal of Econometrics 2005, 126:25-51.
51. Wooldridge, J.M., 2009. Introductory Econometrics: A Modern Approach, fourth ed. South-Western Cengage Learning, Ohio.