Corporate environmentalism and environmental innovation

Journal of Environmental Management

Volumn 153, Issue , 2015, Pages 84-92

  Chang, Ching Hsing ^a   Sam, Abdoul G ^b  

^a NATIONAL CHIAYI UNIVERSITY   (Taiwan)

^b OHIO STATE UNIVERSITY   (United States)

Author keywords

Corporate environmentalism; Environmental innovation; Instrumental variable Poisson; P2 adoption

Indexed keywords

ECONOMICS; ENVIRONMENTAL REGULATIONS; PATENTS AND INVENTIONS;

CORPORATE ENVIRONMENTALISM; CORPORATES; ENVIRONMENTAL INNOVATIONS; ENVIRONMENTAL POLICY; ENVIRONMENTAL STANDARDS; FEDERAL AGENCY; INSTRUMENTAL VARIABLE POISSON; INSTRUMENTAL VARIABLES; P2 ADOPTION; STATE AGENCIES;

ENVIRONMENTAL TECHNOLOGY;

DEVELOPING WORLD; ENVIRONMENTAL ECONOMICS; ENVIRONMENTAL POLICY; ENVIRONMENTALISM; INNOVATION; POISSON RATIO;

ARTICLE; CLEAN ENERGY; CLEAN TECHNOLOGY; CORPORATE ENVIRONMENTALISM; ENVIRONMENTAL ECONOMICS; ENVIRONMENTAL INNOVATION; ENVIRONMENTAL MANAGEMENT; GOVERNMENT; GREEN CHEMISTRY; INDUSTRY; INSTRUMENTAL VARIABLE ANALYSIS; INVESTMENT; PATENT; POISSON DISTRIBUTION; POLICY; POLLUTION CONTROL; TECHNOLOGY; UNITED STATES; ECONOMICS; ENVIRONMENTAL PLANNING; ENVIRONMENTAL PROTECTION; LEGISLATION AND JURISPRUDENCE; PROCEDURES; STATISTICAL MODEL;

CONSERVATION OF NATURAL RESOURCES; ENVIRONMENTAL POLICY; MODELS, ECONOMETRIC;

EID: 84922637115     PISSN: 03014797     EISSN: 10958630     Source Type: Journal    
DOI: 10.1016/j.jenvman.2015.01.010     Document Type: Article

References (55)

1. Arora S., Cason T.N. Why do firms volunteer to exceed environmental regulations? Understanding participation in EPA's 33/50 program. Land Econ. 1996, 72(4):413-432.
2. Bi X., Khanna M. Reassessment of the impact of the EPA's voluntary 33/50 program on toxic releases. Land Econ. 2012, 88(2):341-361.
3. Brouhle K., Graham B., Harrington D.R. Innovation under the climate wise program. Resour. Energy Econ. 2013, 35(2):91-112.
4. Brunnermeier S.B., Cohen M.A. Determinants of environmental innovation in US manufacturing industries. J.Environ. Econ. Manag. 2003, 45(2):278-293.
5. Carrión-Flores C.E., Innes R. Environmental innovation and environmental performance. J.Environ. Econ. Manag. 2010, 59(1):27-42.
6. Carrión-Flores C.E., Innes R., Sam A.G. Do voluntary pollution reduction programs (VPRs) spur or deter environmental innovation? Evidence from 33/50. J.Environ. Econ. Manag. 2013, 66(3):444-459.
7. Cohen W.M., Levin R.C. Empirical studies of innovation and market structure. Handbook of Industrial Organization 1989, Elsevier, Oxford, UK. R. Schmalensee, R. Willig (Eds.).
8. Cohen W.M., Levinthal D.A. Absorptive capacity: a new perspective on learning and innovation. Adm. Sci. Q. 1990, 35(1):128-152.
9. Downing P.B., White L.J. Innovation in pollution control. J.Environ. Econ. Manag. 1986, 13(1):18-29.
10. Eccles R., Ioannou I., Serafeim G. The impact of corporate sustainability on organizational processes and performance. Manag. Sci. 2014, 60(11):2835-2857.
11. Fischer C., Parry I.W.H., Pizer W.A. Instrument choice for environmental protection when technological innovation is endogenous. J.Environ. Econ. Manag. 2003, 45(3):523-545.
12. Foulon J., Lanoie P., Laplante B. Incentive for pollution control: regulation or information?. J.Environ. Econ. Manag. 2002, 44(1):169-187.
13. Gamper-Rabindran S. Did the EPA's voluntary industrial toxics program reduce emissions? A GIS analysis of distributional impacts and by-media analysis of substitution. J.Environ. Econ. Manag. 2006, 52(1):391-410.
14. Gamper-Rabindran S., Finger S.R. Does Industry self-regulation reduce pollution? Responsible care in the chemical industry. J.Regul. Econ. 2013, 43(1):1-30.
15. Guerrero S., Innes R. Self-policing statutes: do they reduce pollution and save regulatory costs?. J.Law Econ. Organ. 2013, 29(3):608-637.
16. Gray W.B., Deily M.E. Compliance and enforcement: air pollution regulation in the U.S. steel industry. J.Environ. Econ. Manag. 1996, 31(1):96-111.
17. Gray W.B., Shimshack J.P. The effectiveness of environmental monitoring and enforcement: a review of the empirical evidence. Rev. Environ. Econ. Policy 2011, 5(1):3-24.
18. Hall B.H. The financing of research and development. Oxf. Rev. Econ. Policy 2002, 18(1):35-51.
19. Hamilton J.T. Pollution as news: media and stock market reactions to the toxics release inventory data. J.Environ. Econ. Manag. 1995, 28(1):98-113.
20. Harrington D.R. Two-stage adoption of different types of pollution prevention (P2) activities. Resour. Energy Econ. 2012, 34(3):349-373.
21. Harrington D.R., Deltas G., Khanna M. Does pollution prevention reduce toxic releases? a dynamic panel data model. Land Econ. 2014, 90(2):199-221.
22. Hausman J.A., Hall B.H., Griliches Z. Econometric models for count data with an application to the patent R and D relationship. Econometrica 1984, 52(4):909-938.
23. Horbach J. Determinants of environmental innovation - new evidence from German panel data sources. Res. Policy 2008, 37(1):163-173.
24. Hsueh L. Beyond regulations: industry voluntary ban in arsenic use. J.Environ. Manag. 2013, 131:435-446.
25. Innes R., Bial J.J. Inducing innovation in the environmental technology of oligopolistic firms. J.Ind. Econ. 2002, 50(3):265-287.
26. Innes R., Sam A.G. Voluntary pollution reductions and the enforcement of environmental law: an empirical study of the 33/50 program. J.Law Econ. 2008, 51(2):271-296.
27. Jaffe A.B., Newell R., Stavins R. Environmental policy and technological change. Environ. Resour. Econ. 2002, 22(1):41-70.
28. Jaffe A.B., Palmer K. Environmental regulation and innovation: a panel data study. Rev. Econ. Stat. 1997, 79(4):610-619.
29. Johnstone N., Hascic I., Popp D. Renewable energy policies and technological innovation: evidence based on patent counts. Environ. Resour. Econ. 2010, 45(1):133-155.
30. Johnstone N., Hascic I. Environmental policy design and the fragmentation of international market for innovation. Reforming Rules and Regulations: Laws, Institutions and Implementation 2011, MIT Press, Cambridge, MA. V. Ghosal (Ed.).
31. Jung C., Krutilla K., Boyd R. Incentives for advanced pollution abatement technology at the industry level: an evaluation of policy alternatives. J.Environ. Econ. Manag. 1996, 30(1):95-111.
32. Khanna M., Brouhle K. Effectiveness of voluntary environmental initiatives. Governance for the Environment: New Perspectives 2009, 144-182. Cambridge University Press, New York. M. Delmas, O. Young (Eds.).
33. Khanna M., Damon L.A. EPA's voluntary 33/50 program: impact on toxic releases and economic performance of firms. J.Environ. Econ. Manag. 1999, 37(1):1-25.
34. Laplante B., Rilstone P. Environmental inspections and emissions of the pulp and paper industry in Quebec. J.Environ. Econ. Manag. 1996, 31(1):19-36.
35. Macher J.T., Boerner C.S. Experience and scale and scope economies: tradeoffs and performance in development. Strateg. Manag. J. 2006, 27(9):845-865.
36. MacKinnon J.G., Magee L. Transforming the dependent variable in regression models. Int. Econ. Rev. 1990, 31(2):315-339.
37. Malueg D.A. Emission credit trading and the incentive to adopt new pollution abatement technology. J.Environ. Econ. Manag. 1989, 16(1):52-57.
38. Maxwell J.W., Decker C.S. Voluntary environmental investment and responsive regulation. Environ. Resour. Econ. 2006, 33:425-439.
39. McGuire W. The effect of ISO 14001 on environmental regulatory compliance in China. Ecol. Econ. 2014, 105:254-264.
40. Milliman S.R., Prince R. Firm incentives to promote technological change in pollution control. J.Environ. Econ. Manag. 1989, 17(3):247-265.
41. National Pollution Prevention Round Table Pollution Prevention Regulatory Integration Case Studies 1997, Washington DC. Available at:. http://www.p2pays.org/ref/04/03037.pdf.
42. Pence K.M. The role of wealth transformations: an application to estimating the effect of tax incentives on saving. Contrib. Econ. Anal. Policy 2006, 5(1):1-26.
43. Porter M.E., van der Linde C. Toward a new conception of the environment-competitiveness relationship. J.Econ. Perspect. 1995, 9(4):97-118.
44. Prakash A., Potoski M. Voluntary environmental programs: a comparative perspective. J.Policy Anal. Manag. 2012, 31(1):123-138.
45. Requate T. Timing and commitment of environmental policy, adoption of new technology, and repercussions on R&D. Environ. Resour. Econ. 2005, 31(2):175-199.
46. Salop S.C., Scheffman D.T. Raising rivals' costs. Am. Econ. Rev. 1983, 73(2):267-271.
47. Sam A.G. Impact of government-sponsored pollution prevention practices on environmental compliance and enforcement: evidence from a sample of US manufacturing facilities. J.Regul. Econ. 2010, 37(3):266-286.
48. Sam A.G., Khanna M., Innes R. Voluntary pollution reduction programs, environmental management, and environmental performance: an empirical study. Land Econ. 2009, 85(4):692-711.
49. Sharma S., Vredenburg H. Proactive corporate environmental strategy and the development of competitively valuable organizational capabilities. Strateg. Manag. J. 1998, 19(8):729-753.
50. Shimshack J.P., Ward M.B. Enforcement and over-compliance. J.Environ. Econ. Manag. 2008, 55(1):90-105.
51. U.S.Environmental Protection Agency, Environmental Criteria and Assessment Office Reference Dose (RfD): Description and Use in Health Risk Assessments 1988, (Cincinnati, OH).
52. Videras J., Alberini A. The appeal of voluntary environmental programs: which firms participate and why. Contemp. Econ. Policy 2000, 18:449-460.
53. Vidovic M., Khanna N. Can voluntary pollution prevention programs fulfill their promises? Further evidence from the EPA's 33/50 program. J.Environ. Econ. Manag. 2007, 53(2):180-195.
54. Welch E.W., Mazur A., Bretschneider S. Voluntary behavior by electric utilities: levels of adoption and contribution of the climate challenge program to the reduction of carbon dioxide. J.Policy Anal. Manag. 2000, 19(3):407-425.
55. Windmeijer F., Santos Silva J. Endogeneity in count data models: an application to demand for health care. J.Appl. Econ. 1997, 12:281-294.