Environmental policy and profitability : evidence from Swedish industry

Sammanfattning

The purpose of this paper is to investigate the existence of a “Porter effect” using firm level data on output and inputs from Swedish industry between 1990 and 2004. By utilizing a factor demand modeling approach, and specifying a profit function which has a technology component dependent upon firm specific effective tax on CO2, we are able to separate out the effect of regulatory pressure on technological progress. The results indicate that there is evidence of a reversed “Porter effect” in most industrial sectors, specifically energy intensive industries.

Nyckelord

CO2 tax; factor demands; induced technological change; Porter argument

Publicerad i

Utgivare: Umeå Economic Studies

SLU författare

• Brännlund, Runar

  • Institutionen för skogsekonomi, Sveriges lantbruksuniversitet
    
  • Umeå Universitet

• Lundgren, Tommy

  • Institutionen för skogsekonomi, Sveriges lantbruksuniversitet
    
  • Umeå Universitet

UKÄ forskningsämne

Ekonomi och näringsliv
Samhällsvetenskap
Miljö- och naturvårdsvetenskap

Permanent länk till denna sida (URI)

https://res.slu.se/id/publ/19801