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Do eco-innovations harm productivity growth through crowding out? Results of an extended CDM model for Italy

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  • Marin, Giovanni

Abstract

This paper discusses the results for Italy of a CDM model (Crepon et al., 1998) further extended with the objective of evaluating drivers and productivity effects of environmental innovations. The particular nature of environmental innovations, especially as regards the need of government intervention to create market opportunities, is likely to affect the way through which they are pursued (innovation equation within the CDM model) and their effect on productivity (productivity equation).

Suggested Citation

  • Marin, Giovanni, 2014. "Do eco-innovations harm productivity growth through crowding out? Results of an extended CDM model for Italy," Research Policy, Elsevier, vol. 43(2), pages 301-317.
  • Handle: RePEc:eee:respol:v:43:y:2014:i:2:p:301-317
    DOI: 10.1016/j.respol.2013.10.015
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    More about this item

    Keywords

    Patents; CDM model; Eco-innovation; Crowding out;

    JEL classification:

    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation
    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General

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