Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/154963 
Year of Publication: 
1999
Series/Report no.: 
Nota di Lavoro No. 9.1999
Publisher: 
Fondazione Eni Enrico Mattei (FEEM), Milano
Abstract: 
Ecolabel award schemes have become increasingly popular. Their rationale is to enable (concerned) consumers to identify "green" products. By so doing, ecolabelling should stimulate environmental innovation, and induce firms to reduce the supply of conventional (polluting) products. Our analysis however points out that the two phenomena are not necessarily correlated. Through a dynamic model of investment decisions, the paper outlines the situations under which ecolabelling could induce perverse effects (increased investment in conventional technologies) and examines whether setting quantitative restrictions on the issuing of labels could constitute an antidote.
Subjects: 
Ecolabel
Green Products
Environmental Policy
Environmental Innovation
JEL: 
Q28
O38
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.