| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP14581 |
| DP14581 Environmental Preferences and Technological Choices : Is Market Competition Clean or Dirty? | |
| Philippe Aghion; Roland Benabou; Ralf Martin; Alexandra Roulet | |
| 发表日期 | 2020-04-07 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | This paper investigates the joint effect of consumers' environmental concerns and product-market competition on firms' decisions whether to innovate "clean" or "dirty". We first develop a step-by-step innovation model to capture the basic intuition that socially responsible consumers induce firms to escape competition by pursuing greener innovations. To test and quantify the theory, we bring together patent data, survey data on environmental values, and competition measures. Using a panel of 8,562 firms from the automobile sector that patented in 42 countries between 1998 and 2012, we indeed find that greater exposure to environmental attitudes has a significant positive effect on the probability for a firm to innovate in the clean direction, and all the more so the higher the degree of product market competition. Results suggest that the combination of historically realistic increases in prosocial attitudes and product market competition can have the same effect on green innovation as major increase in fuel prices. |
| 主题 | Industrial Organization ; Macroeconomics and Growth ; Public Economics |
| 关键词 | Environment Social responsibility Climate change Innovation Competition Patents |
| URL | https://cepr.org/publications/dp14581 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/543488 |
| 推荐引用方式 GB/T 7714 | Philippe Aghion,Roland Benabou,Ralf Martin,et al. DP14581 Environmental Preferences and Technological Choices : Is Market Competition Clean or Dirty?. 2020. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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