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Complementarity between environmental efficiency and labour productivity in a cumulative growth process

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  • Giulio Guarini

    () (Università degli studi della Tuscia)

Abstract

The aim of this paper is to analyse the potential complementarity between environmental efficiency and labour productivity within growth process in theoretical and empirical terms. Firstly, I analyse the theoretical elements that justify the positive relationship between the two efficiencies. Secondly, through a Structuralist-Keynesian baseline model, I illustrate how this complementarity is a necessary condition to obtain ecologically sustainable cumulative growth. Finally, I verify this complementarity with a Dynamic Panel analysis for the European countries in the period 1992-2012 at macro level and manufacturing sector level.

Suggested Citation

  • Giulio Guarini, 2015. "Complementarity between environmental efficiency and labour productivity in a cumulative growth process," PSL Quarterly Review, Economia civile, vol. 68(272), pages 41-56.
  • Handle: RePEc:psl:pslqrr:2015:13
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    File URL: http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/13080/12890
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    References listed on IDEAS

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    Cited by:

    1. Guarini, Giulio & Porcile, Gabriel, 2016. "Sustainability in a post-Keynesian growth model for an open economy," Ecological Economics, Elsevier, vol. 126(C), pages 14-22.
    2. repec:gam:jecomi:v:6:y:2018:i:1:p:3-:d:126197 is not listed on IDEAS

    More about this item

    Keywords

    environmental efficiency; labour productivity; economic growth;

    JEL classification:

    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics

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