周默涵| 192期雙周學術論壇：Regulation, Innovation, and Firm Selection: The Porter Hypothesis Revisited

一、主題：Regulation, Innovation, and Firm Selection: The Porter Hypothesis Revisited

二、主講人：周默涵，bevictor伟德官网國際經濟與貿易學院講師。2013年畢業于香港大學，獲經濟學博士學位，本科就讀于武漢大學。他的研究領域包括國際貿易、環境經濟學和中國經濟。研究成果曾在Canadian Journal of Economics、China Economic Review、Economics Letters、《世界經濟》等國内外刊物發表。

三、時間：2017年3月8日（周三），12:30-13:30

四、地點：學院南路校區主教學樓910會議室

五、主持人：張莉妮，bevictor伟德官网講師

Abstract：The Porter Hypothesis (PH) posits that well-designed environmental regulations can stimulate innovation, which may lead to e?ciency gains or even pro?t increase for the regulated ?rms. Extant theoretical works examining the PH neglect two important aspects in their models and analyses: ?rm heterogeneity and general equilibrium. In this study, we revisit the PH by incorporating these two features in our model and analysis. We show that the PH holds for high-capability ?rms, but not for low-capability ?rms. Although heterogeneous responses exist in innovation investment, the average industry productivity increases.