The Greener the Better: Job Creation and Environmentally- Friendly Technological Change

Luisa Gagliardi, Giovanni Marin and Caterina Miriello (c.miriello@alumni.imtlucca.it)

No 60, IEFE Working Papers from IEFE, Center for Research on Energy and Environmental Economics and Policy, Universita' Bocconi, Milano, Italy

Abstract: This paper investigates the link between environment related innovation and job creation at firm level. Employing Italian data on 4,507 manufacturing firms, matched with patent records for the period 2001-2008, we test whether “green” innovation, measured using the number of environment related patents, has a positive effect on long run employment growth that is specific with respect to non environmental innovation. Results show a strong positive impact of “green” innovation on long run job creation, substantially bigger than the effect of other innovations. Our findings are robust to a number of additional tests including controls for cost differential between generic and “green” innovation and endogeneity.

Keywords: Technological Change; Eco-Innovation; Employment (search for similar items in EconPapers)
JEL-codes: J21 O33 Q55 (search for similar items in EconPapers)
Pages: 30 pages
Date: 2014
New Economics Papers: this item is included in nep-env, nep-eur, nep-ino, nep-pke, nep-sbm and nep-tid
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (30)

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