摘要： ► Whether stringent environmental regulations induce more R&D and promote productivity? ► We adopt a Taiwanese industry-level panel dataset for the 1997–2003 period. ► Pollution abatement fees are positively related to R&D, whereas PACE do not. ► Induced R&D by environment regulations shows a significant influence on productivity. ► Both pollution abatement fee and PACE have a directly positive impact on productivity. This paper examines whether stringent environmental regulations induce more R&D and promote further productivity in Taiwan. Using an industry-level panel dataset for the 1997–2003 period, empirical results show that pollution abatement fees, a proxy for environmental regulations, is positively related to R&D expenditure, implying that stronger environment protection induces more R&D. On the other hand, pollution abatement capital expenditures do not have a statistically significant influence on R&D. Further evaluation of the influence of induced R&D by environment regulations on industrial productivity shows a significant positive association between them. This finding supports the Porter hypothesis that more stringent environmental regulations may enhance rather than lower industrial competitiveness. 出版者： Amsterdam: Elsevier B.V 出版日期： 2012-11-01 出處： Resource and Energy Economics, 2012-11, Vol.34 (4), p.514-532 版權： 2012 Elsevier B.V. 版權： 2015 INIST-CNRS 版權： Copyright Elsevier Sequoia S.A. Nov 2012 識別號： ISSN: 0928-7655 識別號： EISSN: 1873-0221 識別號： DOI: 10.1016/j.reseneeco.2012.05.001
