Arbeitspapier
The Porter Hypothesis and Hyperbolic Discounting
We examine pollution-reducing R&D by a monopoly firm producing a dirty product. In a dynamic framework with hyperbolic discounting, we establish conditions under which the Porter hypothesis goes through, i.e. environmental regulation increases R&D, thus reducing pollution, as well as increasing firm profits. This is likely to hold whenever R&D costs are at an intermediate level, and the planning horizon of the firms is large.
- Sprache
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Englisch
- Erschienen in
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Series: EERI Research Paper Series ; No. 42/2010
- Klassifikation
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Wirtschaft
- Thema
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Porter hypothesis
abatement tax
R&D
hyperbolic discounting
- Ereignis
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Geistige Schöpfung
- (wer)
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Chowdhury, Prabal Roy
- Ereignis
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Veröffentlichung
- (wer)
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Economics and Econometrics Research Institute (EERI)
- (wo)
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Brussels
- (wann)
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2010
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Chowdhury, Prabal Roy
- Economics and Econometrics Research Institute (EERI)
Entstanden
- 2010