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Europe’s alternative: a Green Industrial Policy for sustainability and convergence

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  • Lucchese, Matteo
  • Pianta, Mario

Abstract

Europe is facing the twin challenges of addressing climate change and reducing the centre-periphery divergence. The ‘European Green Deal’ of the EU Commission includes larger climate change objectives, but with the same amount of EU resources and no clear vision on how to achieve aims. The lack of action for greater cohesion and convergence in economic performances is contributing to wider disparities within Europe, in particular with the countries and regions of Southern Europe. These challenges could be jointly understood as a need for deep changes in Europe’s production systems, making them carbon-neutral and distributing more evenly economic activities in Europe’s territory. A Green Industrial Policy for Europe could be the appropriate frame for developing a combined set of policies addressing such challenges.

Suggested Citation

  • Lucchese, Matteo & Pianta, Mario, 2020. "Europe’s alternative: a Green Industrial Policy for sustainability and convergence," MPRA Paper 98705, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:98705
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    File URL: https://mpra.ub.uni-muenchen.de/98705/1/MPRA_paper_98705.pdf
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    References listed on IDEAS

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    Cited by:

    1. Andrea Coveri & Claudio Cozza & Leopoldo Nascia & Antonello Zanfei, 2020. "Supply chain contagion and the role of industrial policy," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 47(3), pages 467-482, September.
    2. Matteo Lucchese & Mario Pianta, 2020. "The Coming Coronavirus Crisis: What Can We Learn?," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 55(2), pages 98-104, March.
    3. Nicolò Barbieri & Davide Consoli & Lorenzo Napolitano & François Perruchas & Emanuele Pugliese & Angelica Sbardella, 2023. "Regional technological capabilities and green opportunities in Europe," The Journal of Technology Transfer, Springer, vol. 48(2), pages 749-778, April.
    4. Ioana Andreea Bogoslov & Anca Elena Lungu & Eduard Alexandru Stoica & Mircea Radu Georgescu, 2022. "European Green Deal Impact on Entrepreneurship and Competition: A Free Market Approach," Sustainability, MDPI, vol. 14(19), pages 1-15, September.
    5. Chakraborty, Saptorshee Kanto & Mazzanti, Massimiliano, 2021. "Renewable electricity and economic growth relationship in the long run: Panel data econometric evidence from the OECD," Structural Change and Economic Dynamics, Elsevier, vol. 59(C), pages 330-341.
    6. Iures Mugur Victor Constantin, 2021. "The Main Differences Between The Updated Bioeconomy Strategy And The European Green Deal," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 5, pages 228-233, October.
    7. Nils Grashof & Stefano Basilico, 2023. "The dark side of green innovation? Green transition and regional inequality in Europe," Papers in Evolutionary Economic Geography (PEEG) 2314, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Jun 2023.

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    More about this item

    Keywords

    Europe; green industrial policy; economic convergence;
    All these keywords.

    JEL classification:

    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
    • P48 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies

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