38,376 research outputs found

    Oral History Interview with R. Bruce Porter, September 30, 2000

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    The National Museum of the Pacific War presents an oral interview with R. Bruce Porter. After a few years of college at the University of Southern California, Porter joined the Marines as an aviation cadet. After training on the F4F, Porter was assigned to Squadron 111 and shipped out on the USS Garfield to American Samoa. Porter mentions training with and talking with Joe Foss when his squadron passed through Apia. Porter then went to Turtle Bay, New Caledonia. He next flew F4F's in Guadalcanal in 1943. Their squadron then switched to the Corsair plane. Porter then started moving ""up the slot"" toward Japan gradually moving north with his squadron. Later, Porter returned to the states to train on F6F's and joined a night fighter squadron. He was assigned as a squadron commander in Okinawa. He discusses blowing up a plane with a ""baka"" bomb on it. Porter's record is an ace, with five official kills and one probable. Porter witnessed the surrender party preparing for the official surrender. He stayed in Japan for four months after the occupation

    4551 Jas. R. Porter to Bernard J. Reid, 1863

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    Letter from Jas. R. Porter to Bernard J. Reid. Porter is ill and will be late coming back to camp

    The Porter Hypothesis and Hyperbolic Discounting

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    We examine pollution-reducing R&D by a monopoly firm producing a dirty product. In a dynamic framework with hyperbolic discounting, we establish conditions under which the Porter hypothesis goes through, i.e. environmental regulation increases R&D, thus reducing pollution, as well as increasing firm profits. This is likely to hold whenever R&D costs are at an intermediate level, and the planning horizon of the firms is large.Porter hypothesis; abatement tax; R&D; hyperbolic discounting;

    The Porter hypothesis and hyperbolic discounting

    No full text
    We examine pollution-reducing R&D by a monopoly firm producing a dirty product. In a dynamic framework with hyperbolic discounting, we establish conditions under which the Porter hypothesis goes through, i.e. environmental regulation increases R&D, thus reducing pollution, as well as increasing firm profits. This is likely to hold whenever R&D costs are at an intermediate level, and the planning horizon of the firms is large.Porter hypothesis, abatement tax, R&D, hyperbolic discounting.

    The Porter Hypothesis and Hyperbolic Discounting

    No full text
    We examine pollution-reducing R&D by a monopoly firm producing a dirty product. In a dynamic framework with hyperbolic discounting, we establish conditions under which the Porter hypothesis goes through, i.e. environmental regulation increases R&D, thus reducing pollution, as well as increasing firm profits. This is likely to hold whenever R&D costs are at an intermediate level, and the planning horizon of the firms is large.Porter hypothesis, abatement tax, R&D, hyperbolic discounting.

    Porter-Duff Compositing Operators in R Graphics

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    This document describes an upate to the behaviour of Porter-Duff compositing operators in R graphics.</p

    Environmental policy without costs? A review of the Porter hypothesis

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    This paper reviews the theoretical and empirical literature connected to the so called Porter Hypothesis. That is, to review the literature connected to the discussion about the relation between environmental policy and competitiveness. According to the conventional wisdom environmental policy, aiming for improving the environment through for example emission reductions, do imply costs since scarce resources must be diverted from somewhere else. However, this conventional wisdom has been challenged and questioned recently through what has been denoted the “Porter hypothesis”. Those in the forefront of the Porter hypothesis challenge the conventional wisdom basically on the ground that resources are used inefficiently in the absence of the right kind of environmental regulations, and that the conventional neo-classical view is too static to take inefficiencies into account. The conclusions that can be made from this review is (1) that the theoretical literature can identify the circumstances and mechanisms that must exist for a Porter effect to occur, (2) that these circumstances are rather non-general, hence rejecting the Porter hypothesis in general, (3) that the empirical literature give no general support for the Porter hypothesis. Furthermore, a closer look at the “Swedish case” reveals no support for the Porter hypothesis in spite of the fact that Swedish environmental policy the last 15-20 years seems to be in line the prerequisites stated by the Porter hypothesis concerning environmental policy.Environmental policy; the Porter hypothesis; productivity; profitability

    The Environmental Porter Hypothesis: Theory, Evidence and a Model of Timing of Adoption

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    The Porter Hypothesis postulates that the costs of compliance with environmental standards may be offset by adoption of innovations they trigger. We model this hypothesis using a game of timing of technology adoption. We show that times of adoption are earlier the higher the non-adoption tax. The environmental tax turns the preemption game with low profits into a game with credible precommitment yielding high profits (pro-Porter). If there is a precommitment game without environmental taxes, the introduction of a tax leads to lower profits (anti-Porter). An evaluation of the empirical literature indicates that the Porter hypothesis holds even for profit-maximizing firms under multiple market imperfections such as imperfect competititon, X-inefficiency, and agency costs. These are more likely to be present in sectors with large firms. In many case studies that we evaluate, though, we detect an element of explicit or implicit subsidies for environmentally friendly behaviour, which is in line with Pigovian policies.Environmental Policy, Strategic Trade Theory, Technology Adoption, Porter Hypothesis
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