Environmental investments: Too much of a good thing?

Volume: 197, Pages: 297 - 302
Published: Mar 1, 2018
Using an original and large database on more than 6000 French firms over a 5 years period we add empirical evidence regarding the effect of environmental investments on economic performance, measured by firms' net profits. We apply a fixed-effects model at the firm year level which controls for unobserved heterogeneity. We show that this effect follows an almost U-inverted curve, implying that there is an optimal level of environmental...
Paper Details
Environmental investments: Too much of a good thing?
Published Date
Mar 1, 2018
297 - 302
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