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Environmental innovation and the cost of pollution abatement revisited
Authors:Thierry Bré  chet,Pierre-André   Jouvet
Affiliation:a Center for Operations Research and Econometrics, Chair Lhoist Berghmans in Environmental Economics and Management, Louvain School of Management, Université catholique de Louvain, Voie du Roman Pays 34, B-1348 Louvain-la-Neuve, Belgium
b EconomiX, Université de Nanterre, France
c Center for Operations Research and Econometrics, Université catholique de Louvain, Belgium
Abstract: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.
Keywords:Innovation   Pollution abatement cost   Environmental regulation
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