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dc.contributor.authorRexhäuser, Saschaen
dc.contributor.authorRammer, Christianen
dc.date.accessioned2011-06-09-
dc.date.accessioned2011-06-16T14:05:00Z-
dc.date.available2011-06-16T14:05:00Z-
dc.date.issued2011-
dc.identifier.piurn:nbn:de:bsz:180-madoc-31877en
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
dc.language.isoengen
dc.publisher|aZentrum für Europäische Wirtschaftsforschung (ZEW) |cMannheimen
dc.relation.ispartofseries|aZEW Discussion Papers |x11-036en
dc.subject.jelQ55en
dc.subject.jelQ58en
dc.subject.ddc330en
dc.subject.keywordEnvironmental innovationen
dc.subject.keywordenvironmental regulationen
dc.subject.keywordPorter hypothesisen
dc.subject.keywordcompetitivenessen
dc.subject.stwUmweltpolitiken
dc.subject.stwUmwelttechniken
dc.subject.stwInnovationen
dc.subject.stwRentabilitäten
dc.subject.stwInternationaler Wettbewerben
dc.subject.stwSchätzungen
dc.subject.stwDeutschlanden
dc.titleUnmasking the Porter hypothesis: Environmental innovations and firm-profitability-
dc.typeWorking Paperen
dc.identifier.ppn661858553en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:zewdip:11036en

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