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The Impact of Environmental Policy Stringency on Industrial R&D Conditional on Pollution Intensity and Relocation Costs

机译:环境政策严格性对污染强度和搬迁成本有条件的工业研发的影响

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Stringent environmental regulations may encourage industrial innovation, as technological advancements lower the cost of pollution abatement (Popp et al. in Handbook of the economics of innovation, vol II. Academic Press, Burlington, pp 873-938, 2010). The pollution-havens hypothesis, on the other hand, indicates that, rather than innovating, dirty industries may relocate to countries with less stringent environmental regulations (Copeland and Taylor in J Econ Lit 42(1):7-71, 2004). Thus, more stringent environmental regulations may increase or decrease innovative activities. This paper examines empirically the impact of environmental regulations on R&D intensities and R&D expenditures in 21 manufacturing industries in 28 OECD countries from 2000 to 2007. I consider pollution intensity and the relative ease of relocation (immobility) as industry characteristics that determine the optimal industry response to increased environmental policy stringency. I find that more pollution intensive industries innovate less as regulatory environments become more restrictive relative to less pollution intensive industries. At the same time, more immobile industries innovate more than more mobile industries as environmental regulations become more stringent, illustrating innovation as an alternative to relocation.
机译:严格的环境法规可能会鼓励工业创新,因为技术进步降低了减排的成本(Popp等人,《创新经济学手册》,第二卷,学术出版社,伯灵顿,第873-938页,2010年)。另一方面,污染天堂的假说表明,肮脏的产业可能会转移到环境法规不太严格的国家,而不是进行创新(Copeland和Taylor,《经济论丛》 42(1):7-71,2004)。因此,更严格的环境法规可能会增加或减少创新活动。本文对2000年至2007年环境法规对28个经合组织国家21个制造业的R&D强度和R&D支出的影响进行了实证研究。我认为污染强度和相对易迁移性(不流动性)是决定最佳行业对策的行业特征。增加环境政策的严格性。我发现随着监管环境相对于污染程度较低的行业更加严格,污染程度更高的行业的创新较少。同时,随着环境法规变得更加严格,更多的不动产行业比更多的不动产行业创新更多,这说明创新是搬迁的替代方案。

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