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dc.contributor.authorRexhäuser, Saschaen_US
dc.contributor.authorRammer, Christianen_US
dc.date.accessioned2011-06-09en_US
dc.date.accessioned2011-06-16T14:05:00Z-
dc.date.available2011-06-16T14:05:00Z-
dc.date.issued2011en_US
dc.identifier.piurn:nbn:de:bsz:180-madoc-31877-
dc.identifier.urihttp://hdl.handle.net/10419/45805-
dc.description.abstractWe examine impacts of different types of environmental innovations on firm profits. Following Porter's (1991) hypothesis that environmental regulation can improve firms' competitiveness we distinguish regulation induced and voluntary environmental innovations. We find that innovations which reduce environmental externalities reduce firms' profits, as long as they are induced by regulations. However, innovation that increases a firm's material or energy efficiency in terms of material or energy consumption has a positive impact on profitability. This positive result holds both for regulation induced and voluntary innovations, although the effect is significantly larger for regulation-driven innovation.We conclude that the Porter hypothesis does not hold in general for its 'strong' version but has to be qualified by the type of environmental innovation. Our finding rest on firm level data from the German part of the Community Innovation Survey in 2009.en_US
dc.language.isoengen_US
dc.publisherZentrum für Europäische Wirtschaftsforschung (ZEW) Mannheimen_US
dc.relation.ispartofseriesZEW Discussion Papers 11-036en_US
dc.subject.jelQ55en_US
dc.subject.jelQ58en_US
dc.subject.ddc330en_US
dc.subject.keywordEnvironmental innovationen_US
dc.subject.keywordenvironmental regulationen_US
dc.subject.keywordPorter hypothesisen_US
dc.subject.keywordcompetitivenessen_US
dc.subject.stwUmweltpolitiken_US
dc.subject.stwUmwelttechniken_US
dc.subject.stwInnovationen_US
dc.subject.stwRentabilitäten_US
dc.subject.stwInternationaler Wettbewerben_US
dc.subject.stwSchätzungen_US
dc.subject.stwDeutschlanden_US
dc.titleUnmasking the Porter hypothesis: Environmental innovations and firm-profitabilityen_US
dc.typeWorking Paperen_US
dc.identifier.ppn661858553en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
dc.identifier.repecRePEc:zbw:zewdip:11036-
Appears in Collections:Publikationen von Forscherinnen und Forschern des ZEW
ZEW Discussion Papers

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