
ENTERPRISE ENVIRONMENTAL INVESTMENTS AND PRODUCTIVITY GROWTH - EVIDENCE FOR LITHUANIA INDUSTRY SECTORS
(STEF92 Technology, 2017-06-29, Jolanta Zemguliene, Mantas Valukonis)
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Enterprise investment in environment protection means traditionally are seen as a burden induced by environmental policy. It is claimed that these investments do not support increase in output and productivity and rise production costs. Environmental investments directed to reduce abatement cost may not produce the productivity growth effect if the productivity gain do not outweigh the increase in abatement cost. Though environmental investments of firms are seen as less productive allocations, strong version of t...



