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Tax differentials and environmental R&D strategic alliances ∗
| Content Provider | Semantic Scholar |
|---|---|
| Author | Benchekroun, Hassan Claude, Denis |
| Copyright Year | 2005 |
| Abstract | Government regulations provide powerfull incentives for firms to invest in environmental research and development. While a significant part of environ mental innovations are autonomous, most of them can be appropriately described as induced1. It is well-known that firms have little incentives to invest in environmental R&D in the absence of environmental regulations. However, environmen tal policy interventions (e.g., effluent charges) render emissions more expen sive and changes in relative prices incite firms to reduce emission intensity by substituting non-polluting inputs for polluting inputs and clean production processes fo r dirtier ∗Premilinary version 1Recent empirical evidences tend to support the view that environmental policy instruments induce innovation. The reader is referred to Landjouw and Mody (1996) , Jaffe and Palmer (1997) and Brunnermeier and Cohen (2003). See also the excellent survey by Ja ffe, Newell and Stravins (2002). |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | http://neumann.hec.ca/cree2005/claude.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
