search query: @journal_id 1333 / total: 270
reference: 255 / 270
Author: | Dobers, P. |
Title: | Legislation-induced bubble markets : driving forces of air pollution control technology in the field of waste incineration |
Journal: | Scandinavian Journal of Management
1996 : SEP, VOL. 12:3, p. 255-273 |
Index terms: | AIR POLLUTION LEGISLATION POLLUTION CONTROL ENVIRONMENT MARKETS |
Language: | eng |
Abstract: | Only recently has discussion started about the process whereby markets come into existence. Environmental problems are being increasingly addressed, which in turn creates new environmental markets. The concept of the market is presented in the perspective of microeconomic theory, industrial organization, and the life cycle concept. It is suggested that in these theories the existence of markets is taken for granted and is not questioned. On the basis of an exploratory field study it is argued here that in some areas environmental legislation is the major driving force behind the emergence of markets and the concept of legislation-induced bubble markets is introduced. |
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