Environmental innovation and the cost of pollution abatement revisited

It is widely assumed in the literature that environmental innovation reduces the marginal cost of pollution abatement. In this paper we show that this is not necessarily the case and we provide some unexpected outcomes.

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Keywords:

Environmental regulation, Innovation, Pollution abatement cost

Additional information:

Language(s):English
AuthorsBréchet, Thierry (Center for Operations Research and Econometrics, Catholic University of Louvain, Belgium), Jouvet, Pierre-André (EconomiX, Universite of Nanterre, France)
Publisher:Elsevier B.V.
Keywords:Environmental regulation, Innovation, Pollution abatement cost
Last update:2008