Despite twenty years of intense research by policy makers and academics alike, there is little consensus on the extent to which (if at all) well-designed environmental regulation may spur technological innovation and enhance competitiveness. This lack of clarity presents a significant challenge to the formulation of environmental policy that safeguards both economic and environmental sustainability.
Responding to this challenge, Mark Cohen from Vanderbilt University and Adeline Tubb from the Institute of the Environment are conducting a rigorous meta-analysis, which will synthesise all of the existing empirical research on the relationship between environmental regulation, innovation and competitiveness in addition to answering questions surrounding the optimal design of environmental policy instruments.
Click to view the final published article on "The Impact of Environmental Regulation on Firm and Country Competitiveness: A Meta-analysis of the Porter Hypothesis" in the Journal of the Association of Environmental and Resource Economists (external).
