Does Entrepreneurial Behaviour Matter for the Strong Porter Hypothesis
Dominique Bianco ()
MPRA Paper from University Library of Munich, Germany
The traditional economic argument states that compliance with environmental policy diverts resources from innovation. In his engaging paper, Porter (1991) argues counterintuitively that more stringent environmental policies induce innovations the benefits of which exceed the costs. We build a Schumpeterian endogenous growth model that takes account of both arguments by including satisficing and profit-maximizing managers. Our theoretical results enable us to determine the validity condition of the strong Porter hypothesis which is consistent with empirical results.
Keywords: Endogenous growth; Environmental Porter hypothesis; Environmental policy; Entrepreneurial Behaviours. (search for similar items in EconPapers)
JEL-codes: D40 H23 L21 O33 O44 Q58 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ent, nep-env, nep-gro and nep-ino
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
https://mpra.ub.uni-muenchen.de/100116/1/MPRA_paper_100116.pdf original version (application/pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:100116
Access Statistics for this paper
More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().