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Climate policy, env...
Climate policy, environmental performance, and profits
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- Lundgren, Tommy, 1970- (author)
- Swedish University of Agricultural Sciences,Sveriges lantbruksuniversitet,Umeå universitet,Centrum för miljö- och naturresursekonomi (CERE),Institutionen för skogsekonomi,Department of Forest Economics
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- Marklund, Per-Olov, 1960- (author)
- Umeå universitet,Centrum för miljö- och naturresursekonomi (CERE),Centrum för regionalvetenskap (CERUM)
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(creator_code:org_t)
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- 2014-06-12
- 2015
- English.
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In: Journal of Productivity Analysis. - : Springer. - 0895-562X .- 1573-0441. ; 44:3, s. 225-235
- Related links:
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https://urn.kb.se/re...
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Abstract
Subject headings
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- In this study we investigate how firm level environmental performance (EP) affects firm level economic performance measured as profit efficiency (PE) in a stochastic profit frontier setting. Analyzing firms in Swedish manufacturing 1990–2004, results show that EP induced by environmental policy is not a determinant of PE, while voluntary or market driven EP seem to have a significant and positive effect on firm PE in most sectors. The evidence generally supports the idea that good EP is also good for business, as long as EP is not brought on by policy measures, in this case a CO2 tax. Thus, the results provide no general support for the Porter hypothesis.
Subject headings
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Economics (hsv//eng)
Keyword
- CO2 tax
- Environmental performance index
- Profit technical efficiency
- Stochastic frontier analysis
- The Porter hypothesis
Publication and Content Type
- ref (subject category)
- art (subject category)
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