Environmental regulations, induced R&D, and productivity: Evidence from Taiwan's manufacturing industries

Chih Hai Yang, Yu Hsuan Tseng, Chiang Ping Chen

研究成果: 雜誌貢獻期刊論文同行評審

280 引文 斯高帕斯(Scopus)

摘要

This paper examines whether stringent environmental regulations induce more R&D and promote further productivity in Taiwan. Using an industry-level panel dataset for the 1997-2003 period, empirical results show that pollution abatement fees, a proxy for environmental regulations, is positively related to R&D expenditure, implying that stronger environment protection induces more R&D. On the other hand, pollution abatement capital expenditures do not have a statistically significant influence on R&D. Further evaluation of the influence of induced R&D by environment regulations on industrial productivity shows a significant positive association between them. This finding supports the Porter hypothesis that more stringent environmental regulations may enhance rather than lower industrial competitiveness.

原文???core.languages.en_GB???
頁(從 - 到)514-532
頁數19
期刊Resource and Energy Economics
34
發行號4
DOIs
出版狀態已出版 - 11月 2012

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