DEVELOPMENT OF ENVIRONMENTAL REGULATIONS AND BENEFITS ON ENTERPRISES

Martins Jirgens, Dzintra Atstaja

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

The Porter Hypothesis is one of the most controversial views and has received a lot of attention since it was written by M. Porter in 1991. His ideas were strikingly similar to some of the environmental policies developed in Latvia since 1990's. There have been advanced market based environmental regulations implemented in Latvia, and as current data shows, it was quite beneficial to the private enterprises as well as state and municipal entities. As monitoring data for Climate Change Financial Instrument implementation have become more available there were opportunities for analysis of them and also in relation to Porter Hypothesis statements.

This research article provides analysis of the benefits to the enterprises participating in the specific environmental programme as well as public sector entities during the programme. Total impact of the programme based on the European Commission guidelines on Cost Benefit Analysis and European Investment Bank value estimates were calculated, and further research was analyzed. In addition to intangible benefits, the results show clear financial benefits to the enterprises and public sector.
Original languageEnglish
Title of host publicationRURAL DEVELOPMENT AND ENTREPRENEURSHIP BIOECONOMY PRODUCTION AND CO-OPERATION IN AGRICULTURE
Subtitle of host publicationProceedings of the International Scientific Conference
EditorsA. Auzina
Place of PublicationJelgava
PublisherLatvijas Lauksaimniecības universitātes Ekonomikas un sabiedrības attīstības fakultāte
Pages248-255
ISBN (Print)978-9984-48-260-6
Publication statusPublished - 2017
Externally publishedYes
EventInternational Scientific Conference on Economic Science for Rural Development - Jelgava, Latvia
Duration: 27 Apr 201728 Apr 2017

Publication series

NameEconomic Science for Rural Development
Number44

Conference

ConferenceInternational Scientific Conference on Economic Science for Rural Development
Abbreviated titleESRD
Country/TerritoryLatvia
CityJelgava
Period27/04/1728/04/17

Keywords

  • Porter hypothesis
  • environmental regulations
  • entrepreneurship

Field of Science

  • 5.2 Economy and Business

Publication Type

  • 3.1. Articles or chapters in proceedings/scientific books indexed in Web of Science and/or Scopus database

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