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The Porter Hypothesis And The Economic Consequences Of Environmental Regulation |
Thomas Roediger-Schluga, formerly of ARC Systems Research GmbH, Austria
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| 2004 |
368 pp |
Hardback |
978 1 84376 644 5 |
$150.00 |
on-line discount
$135.00 |
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‘The book is right on target about a much-discussed topic: innovation impacts and techno-economic consequences of environmental regulation. Its novelty lies in engaging in empirical case research of the impacts and the political regulatory design process of volatile organic compound (VOC) control in Austria. It is a valuable contribution to the literature on the Porter Hypothesis, offering a model for predicting outcomes and offering recommendations for dealing with information asymmetries in the regulatory process.’
– René Kemp, Maastricht University, The Netherlands
Combining the public choice literature on political decision making with the Neo-Schumpeterian literature on innovation, this valuable new book develops a conceptual model of how environmental regulation is designed. The author presents a novel perspective on the Porter Hypothesis, arguing that the effect of environmental regulation is too weak to induce technological change. This implies that environmental policy intervention has little, if any, economic consequences which has significant repercussions for environmental decision-making.
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Contents: 1. Introduction 2. The Porter Hypothesis: Environmental Regulation, Innovation and Competitiveness 3. The Technological, Regulatory and Economic Environment 4. Some Stylised Facts on Technological Advance 5. Determinants and Adoption of Cleaner Technological Innovations 6. The Design of an Environmental Regulation in a Market Framework: A Conceptual Model 7. Empirical Evidence on the Genesis of Austrian VOC Emission Standards 8. Confronting the Expected Regulatory Outcome with Reality 9. Summary and Policy Implications References Index
View the author's website at
http://www.trsch.at
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