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Did the Invisible Hand Need a Regulatory Glove to Develop a Green Thumb? Some Historical Perspective on Market Incentives, Win-Win Innovations and the Porter Hypothesis

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  • Pierre Desrochers, 2008. "Did the Invisible Hand Need a Regulatory Glove to Develop a Green Thumb? Some Historical Perspective on Market Incentives, Win-Win Innovations and the Porter Hypothesis," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 41(4), pages 519-539, December.
  • Handle: RePEc:kap:enreec:v:41:y:2008:i:4:p:519-539
    DOI: 10.1007/s10640-008-9208-x
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    1. Baumgartner, Stefan & Dyckhoff, Harald & Faber, Malte & Proops, John & Schiller, Johannes, 2001. "The concept of joint production and ecological economics," Ecological Economics, Elsevier, vol. 36(3), pages 365-372, March.
    2. Jaffe, Adam B. & Newell, Richard G. & Stavins, Robert N., 2005. "A tale of two market failures: Technology and environmental policy," Ecological Economics, Elsevier, vol. 54(2-3), pages 164-174, August.
    3. Karen Palmer & Wallace E. Oates & Paul R. Portney & Karen Palmer & Wallace E. Oates & Paul R. Portney, 2004. "Tightening Environmental Standards: The Benefit-Cost or the No-Cost Paradigm?," Chapters, in: Environmental Policy and Fiscal Federalism, chapter 3, pages 53-66, Edward Elgar Publishing.
    4. Mohr, Robert D., 2002. "Technical Change, External Economies, and the Porter Hypothesis," Journal of Environmental Economics and Management, Elsevier, vol. 43(1), pages 158-168, January.
    5. William E. Spellman, 1979. "The Economics of Edward Alsworth Ross," American Journal of Economics and Sociology, Wiley Blackwell, vol. 38(2), pages 129-140, April.
    6. Smith, V Kerry & Walsh, Randy, 2000. "Do Painless Environmental Policies Exist?," Journal of Risk and Uncertainty, Springer, vol. 21(1), pages 73-94, July.
    7. W.H. Richmond, 1978. "John A. Hobson: Economic Heretic," American Journal of Economics and Sociology, Wiley Blackwell, vol. 37(3), pages 283-294, July.
    8. Don Fullerton & Robert Stavins, 1998. "How economists see the environment," Nature, Nature, vol. 395(6701), pages 433-434, October.
    9. Robert Murray Haig, 1926. "Toward an Understanding of the Metropolis: I. Some Speculations Regarding the Economic Basis of Urban Concentration," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 40(2), pages 179-208.
    10. Adam Jaffe & Richard Newell & Robert Stavins, 2002. "Environmental Policy and Technological Change," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 22(1), pages 41-70, June.
    11. John R. Commons, 1904. "Labor Conditions in Meat Packing and The Recent Strike," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 19(1), pages 1-32.
    12. A. E. Dingle, 1982. "‘The Monster Nuisance of All’: Landowners, Alkali Manufacturers, and Air Pollution, 1828–64," Economic History Review, Economic History Society, vol. 35(4), pages 529-548, November.
    13. Marcus Wagner, 2004. "The Porter Hypothesis Revisited: A Literature Review of Theoretical Models and Empirical Tests," Public Economics 0407014, University Library of Munich, Germany.
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    Cited by:

    1. Leppälä, Samuli & Desrochers, Pierre, 2010. "The division of labor need not imply regional specialization," Journal of Economic Behavior & Organization, Elsevier, vol. 74(1-2), pages 137-147, May.
    2. George van Leeuwen & Pierre Mohnen, 2017. "Revisiting the Porter hypothesis: an empirical analysis of Green innovation for the Netherlands," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 26(1-2), pages 63-77, February.
    3. Grothe, Oliver & Müsgens, Felix, 2013. "The influence of spatial effects on wind power revenues under direct marketing rules," Energy Policy, Elsevier, vol. 58(C), pages 237-247.
    4. Zylicz, Tomasz, 2010. "Goals and Principles of Environmental Policy," International Review of Environmental and Resource Economics, now publishers, vol. 3(4), pages 299-334, May.
    5. Justin Doran & Geraldine Ryan, 2014. "Eco-Innovation – does additional engagement lead to additional rewards?," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 41(11), pages 1110-1130, November.
    6. Pierre Desrochers, 2012. "Freedom Versus Coercion in Industrial Ecology: A Reply to Boons," Econ Journal Watch, Econ Journal Watch, vol. 9(2), pages 78-99, May.
    7. Grothe, Oliver & Müsgens, Felix, 2012. "The influence of spatial effects on wind power revenues under direct marketing rules," EWI Working Papers 2012-7, Energiewirtschaftliches Institut an der Universitaet zu Koeln (EWI).

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    More about this item

    Keywords

    Porter Hypothesis; By-products; Private property rights; Common law; Win-win innovation; L21; O18; Q53; Q55; Q56; R11;
    All these keywords.

    JEL classification:

    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
    • 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
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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