THE PORTER HYPOTHESIS, PROPERTY RIGHTS, AND INNOVATION OFFSETS: THE CASE OF SOUTHWEST MICHIGAN PORK PRODUCERS

Lorie Srivastava, Sandra S. Batie and Patricia Norris ()

No 21515, 1999 Annual meeting, August 8-11, Nashville, TN from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: The Porter Hypothesis relates the effects of environmental regulation on (a) technological innovation and (b) economic performance. Specifically, it asserts that innovation offsets can occur. These are a type of technological change that will "partially or more than fully offset the costs of complying with environmental regulation" (Porter and van der Linde, 1995, p. 98). The hypothesis has been highly debated, in part, because nomenclature has been careless. Also, the role of property rights in defining innovation offsets has been neglected. If the Porter Hypothesis has validity in agriculture, its policy implications are important. Recent changes in agro-environmental legislation provides an opportunity to more thoroughly investigate the hypothesis and its implications.

Keywords: Environmental Economics and Policy; Land Economics/Use; Livestock Production/Industries (search for similar items in EconPapers)
Pages: 14
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea99:21515

DOI: 10.22004/ag.econ.21515

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