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Environmental Regulation, Globalization, and Innovation: Integrating Industrial, Environmental, and Trade Policies

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  • Nicholas A. Ashford

    (Massachusetts Institute of Technology (MIT))

Abstract

This paper analyses the relationship between industrial and environmental regulation and sustainable development in the context of a global economy. It is argued that industrial policy, environment policy and commercial initiatives should be integrated and should act jointly. Particular emphasis is also placed on the promotion of technological innovation. Consolidated national regulations can thus act as a stimulus for technological, organisational and social innovation, which would entail commercial advantages for those pioneering firms that are the first to come into line with regulations, enabling them to become leaders and displace rivals that offer sub-optimal products

Suggested Citation

  • Nicholas A. Ashford, 2010. "Environmental Regulation, Globalization, and Innovation: Integrating Industrial, Environmental, and Trade Policies," EKONOMIAZ. Revista vasca de Economía, Gobierno Vasco / Eusko Jaurlaritza / Basque Government, vol. 75(04), pages 18-43.
    • Handle: RePEc:ekz:ekonoz:2010405
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    References listed on IDEAS

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    5. Ekins, Paul & Folke, Carl & Costanza, Robert, 1994. "Trade, environment and development: the issues in perspective," Ecological Economics, Elsevier, vol. 9(1), pages 1-12, January.
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    More about this item

    Keywords

    Environmental rule; industrial policies; environmental policies;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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