The Greener the Better: Job Creation and Environmentally- Friendly Technological Change
Giovanni Marin () and
No 60, IEFE Working Papers from IEFE, Center for Research on Energy and Environmental Economics and Policy, Universita' Bocconi, Milano, Italy
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: O33 Q55 J21 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-env, nep-eur, nep-ino, nep-pke, nep-sbm and nep-tid
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