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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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    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. 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).
    5. 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.
    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. 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.

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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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