Is a Voluntary Approach an Effective Environmental Policy Instrument? A Case for Environmental Management Systems

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Arimura, Toshi; Hibiki, Akira; Katayama, Hajime; (2007)
  • Subject: environmental management systems, ISO14001, environmental reports, voluntary actions, governmental assistance programs, environmental impacts, discrete choice model, endogeneity, GHK simulator
    • jel: jel:Q58 | jel:C35 | jel:Q53

Using Japanese facility-level data from an Organisation for Economic Co-operation and Development survey, we estimate the effects of implementation of ISO14001 and publication of environmental reports on the facilities’ environmental performance. While most previous stu... View more
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