caa a22 4500 44585507X CHVBK 20180317145425.0 cr unu---uuuuu 170323e20110401xx s 000 0 eng 10.1007/s10640-010-9404-3 doi (NATIONALLICENCE)springer-10.1007/s10640-010-9404-3 Nishitani Kimitaka Graduate School for International Development and Cooperation, Hiroshima University, 1-5-1 Kagamiyama Higashi-Hiroshima, 739-8529, Hiroshima, Japan aut An Empirical Analysis of the Effects on Firms' Economic Performance of Implementing Environmental Management Systems [Elektronische Daten] [Kimitaka Nishitani] This paper investigates whether environmental management system (EMS) implementation influences a firm's value added, one of the indices of economic performance. Because it is expected that EMS implementation increases a firm's value added through an increase in demand and an improvement in productivity, a simple model to identify how these effects influence a firm's value added is developed and is empirically investigated using panel data for Japanese manufacturing firms in the period 1996-2007. The main findings are as follows. For the full sample, EMS implementation increases a firm's value added through an increase in demand and improvement in productivity. Among these firms, however, the positive effect of the implementation through an increase in demand mainly exists for export-oriented firms. At the industry level, the effects of EMS implementation vary among different industries. These results empirically prove that there are plural paths for EMS implementation to improve a firm's economic performance. Springer Science+Business Media B.V., 2010 Environmental management system nationallicence ISO 14001 nationallicence Economic performance nationallicence Increase in demand nationallicence Improvement in productivity nationallicence Fixed effects instrumental variables model nationallicence Environmental and Resource Economics Springer Netherlands 48/4(2011-04-01), 569-586 0924-6460 48:4<569 2011 48 10640 https://doi.org/10.1007/s10640-010-9404-3 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/s10640-010-9404-3 text/html Onlinezugriff via DOI NATIONALLICENCE 100 1- Nishitani Kimitaka Graduate School for International Development and Cooperation, Hiroshima University, 1-5-1 Kagamiyama Higashi-Hiroshima, 739-8529, Hiroshima, Japan aut NATIONALLICENCE 773 0- Environmental and Resource Economics Springer Netherlands 48/4(2011-04-01), 569-586 0924-6460 48:4<569 2011 48 10640 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer