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

32 Pages Posted: 24 Jan 2014

See all articles by Luisa Gagliardi

Luisa Gagliardi

University of Geneva - Faculty of Economic and Social Sciences; London School of Economics & Political Science (LSE) - Department of Geography and Environment; Bocconi University - CERTeT - Centre for Research on Regional Economics, Transport and Tourism

Giovanni Marin

Italian National Research Council (CNR) - Centre for Economic Research on Firms and Growth (CERIS); Observatoire Français des Conjonctures Economiques (OFCE)

Caterina Miriello

Bocconi University - IEFE Centre for Research on Energy and Environmental Economics and Policy

Date Written: January 22, 2014

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

JEL Classification: O33, Q55, J21

Suggested Citation

Gagliardi, Luisa and Marin, Giovanni and Miriello, Caterina, The Greener the Better: Job Creation and Environmentally‐Friendly Technological Change (January 22, 2014). Available at SSRN: https://ssrn.com/abstract=2383321 or http://dx.doi.org/10.2139/ssrn.2383321

Luisa Gagliardi (Contact Author)

University of Geneva - Faculty of Economic and Social Sciences ( email )

40, data base of the Bridge of Arve
Geneva, CH-1211
Switzerland

London School of Economics & Political Science (LSE) - Department of Geography and Environment ( email )

Houghton Street
London, WC2A 2AE
United Kingdom

Bocconi University - CERTeT - Centre for Research on Regional Economics, Transport and Tourism ( email )

Via Roentgen 1
Milan, 20144
Italy

Giovanni Marin

Italian National Research Council (CNR) - Centre for Economic Research on Firms and Growth (CERIS) ( email )

Via Avogadro 8
10121 Torino
Italy

Observatoire Français des Conjonctures Economiques (OFCE) ( email )

69 Quai d'Orsay
Paris 75004
France

Caterina Miriello

Bocconi University - IEFE Centre for Research on Energy and Environmental Economics and Policy ( email )

viale Filippetti, 9
Milan, 20122
Italy

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