The Potential for Private Cost-Increasing Technological Innovation under a Tax-Based, Economic Incentive Pollution Control Policy

Richard McHugh

Land Economics, 1997, vol. 62, issue 1, 58-64

Abstract: This paper characterizes environmental regulations which induce polluting Bertrand competitors to invest efficiently in environmental RD. Post-innovation benefits to raising rivals' costs provide firms with incentives to innovate. Although optimal ...

Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:uwp:landec:v:62:y:1997:i:1:p:58-64

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