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.
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 language | English |
|---|---|
| Title of host publication | RURAL DEVELOPMENT AND ENTREPRENEURSHIP BIOECONOMY PRODUCTION AND CO-OPERATION IN AGRICULTURE |
| Subtitle of host publication | Proceedings of the International Scientific Conference |
| Editors | A. Auzina |
| Place of Publication | Jelgava |
| Publisher | Latvijas Lauksaimniecības universitātes Ekonomikas un sabiedrības attīstības fakultāte |
| Pages | 248-255 |
| ISBN (Print) | 978-9984-48-260-6 |
| Publication status | Published - 2017 |
| Externally published | Yes |
| Event | 18th International Conference "Economic Science for Rural Development" - Jelgava, Latvia Duration: 27 Apr 2017 → 28 Apr 2017 Conference number: 18 https://www.esaf.llu.lv/sites/esaf/files/files/lapas/Krajums_Nr_44_04092017.pdf https://www.esaf.llu.lv/sites/esaf/files/files/lapas/Krajums_Nr_45_04092017.pdf https://www.esaf.llu.lv/sites/esaf/files/files/lapas/Krajums_Nr_46_04092017.pdf |
Publication series
| Name | Economic Science for Rural Development |
|---|---|
| Number | 44 |
Conference
| Conference | 18th International Conference "Economic Science for Rural Development" |
|---|---|
| Abbreviated title | ESRD |
| Country/Territory | Latvia |
| City | Jelgava |
| Period | 27/04/17 → 28/04/17 |
| Internet address |
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
