![Slacks-based efficiency measures for modeling environmental performance [An article from: Ecological Economics]](https://m.media-amazon.com/images/I/51197EJ8SFL.jpg)
Feel Free Read Slacks-based efficiency measures for modeling environmental performance [An article from: Ecological Economics] MOBI
This digital document is a journal article from Resource and Energy Economics, published by Elsevier in 2006. The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.Description: This paper attempts to provide empirical evidence on issues concerning: (a) the effect of the stringency of environmental regulations (as measured by pollution control expenditures) on innovative activity (as measured by R&D expenditures) and on the average age of capital stock and (b) the productivity enhancement effect of environmental regulations in Japanese manufacturing industries. The empirical findings in the paper show that the pollution control expenditures have a positive relationship with the R&D expenditures and have a negative relationship with the average age of capital stock. It is also shown that increases in R&D investment stimulated by the regulatory stringency have a significant positive effect on the growth rate of total factor productivity.
