Complementarity between environmental efficiency and labour productivity in a cumulative growth process

Giulio Guarini ()

PSL Quarterly Review, 2015, vol. 68, issue 272, 41-56

Abstract: The aim of this paper is to analyse the potential complementarity between environmental efficiency and labour productivity within growth process in theoretical and empirical terms. Firstly, I analyse the theoretical elements that justify the positive relationship between the two efficiencies. Secondly, through a Structuralist-Keynesian baseline model, I illustrate how this complementarity is a necessary condition to obtain ecologically sustainable cumulative growth. Finally, I verify this complementarity with a Dynamic Panel analysis for the European countries in the period 1992-2012 at macro level and manufacturing sector level.

Keywords: environmental efficiency; labour productivity; economic growth (search for similar items in EconPapers)
JEL-codes: O3 O4 Q5 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (8)

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