气候变化领域集成服务门户(CCPortal): The conundrum of porter hypothesis, pollution haven hypothesis, and pollution halo hypothesis: evidence from the Indian manufacturing sector

CCPortal

DOI	10.1007/s10098-024-02886-z
	The conundrum of porter hypothesis, pollution haven hypothesis, and pollution halo hypothesis: evidence from the Indian manufacturing sector
	Bagchi, Prantik; Sahu, Santosh Kumar
发表日期	2024
ISSN	1618-954X
EISSN	1618-9558
英文摘要	In the globalized world, factors, such as environmental regulations and outcomes, are interlinked with foreign direct investment and technological innovation. However, firm-level theories mostly treat them independently. We have filled the gap by carrying out empirical research with an integrated approach at the firm level. The theoretical framework is based on Porter's hypothesis and the pollution haven hypothesis/pollution halo hypothesis. We collect the data from the center for monitoring Indian Economy Prowess IQ and the Ministry of Environment, Forest, and Climate Change. Using the modified Krugman specialization index, we find that Indian manufacturing firms are neither converging nor specialized in terms of technical progress. Estimating a z-score for environmental stringency, we interact that with the pollution loads of the firms. Our findings suggest that environmental regulation does not ensure a win-win situation for the producers, refuting Porter's hypothesis. Rather, factors such as profit margin and R&D produce robust results across different models to induce the productivity of the firm. One of the concerning facts is older firms using vintage capital are detrimental to productivity enhancement, and there is evidence of layoff at the cost of increasing profits to improve the firm performance. Also, more dependence for export-intensive firms on material increases the cost and, thereby, reduces productivity. In addition, we apply a panel threshold regression model and conclude that there is evidence of a single threshold, and irrespective of the choice of technology foreign firms induces the energy intensity, confirming a pollution Haven hypothesis.
英文关键词	Productivity; Pollution haven hypothesis; Pollution halo hypothesis; Energy transition; Emission; Indian manufacturing
语种	英语
WOS研究方向	Science & Technology - Other Topics ; Engineering ; Environmental Sciences & Ecology
WOS类目	Green & Sustainable Science & Technology ; Engineering, Environmental ; Environmental Sciences
WOS记录号	WOS:001226668300004
来源期刊	CLEAN TECHNOLOGIES AND ENVIRONMENTAL POLICY
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/301147
作者单位	Indian Institute of Technology System (IIT System); Indian Institute of Technology (IIT) - Kharagpur; Indian Institute of Technology System (IIT System); Indian Institute of Technology (IIT) - Madras; Indian Institute of Technology System (IIT System); Indian Institute of Technology (IIT) - Madras
推荐引用方式 GB/T 7714	Bagchi, Prantik,Sahu, Santosh Kumar. The conundrum of porter hypothesis, pollution haven hypothesis, and pollution halo hypothesis: evidence from the Indian manufacturing sector[J],2024.
APA	Bagchi, Prantik,&Sahu, Santosh Kumar.(2024).The conundrum of porter hypothesis, pollution haven hypothesis, and pollution halo hypothesis: evidence from the Indian manufacturing sector.CLEAN TECHNOLOGIES AND ENVIRONMENTAL POLICY.
MLA	Bagchi, Prantik,et al."The conundrum of porter hypothesis, pollution haven hypothesis, and pollution halo hypothesis: evidence from the Indian manufacturing sector".CLEAN TECHNOLOGIES AND ENVIRONMENTAL POLICY (2024).