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Cooperation, diffusion of technology and environmental protection: a new index

Author

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  • Cristian Barra

    (University of Salerno)

  • Giovanna Bimonte

    (University of Salerno)

  • Luigi Senatore

    (University of Salerno)

Abstract

There are various types of environmental indexes or indicators in the literature. In this paper, we propose a new index that is able to point out the important relationship between environmental protection and investments in innovation processes. We identify the index with the acronym EICI (environmental innovation comparative index). This new empirical tool can represent a new way to illustrate how the level of innovation can determine different levels of air pollution in the world. We use generalized method of moments (GMM) and ordinary least squares (OLS) models to investigate how this new index impacts the variations in greenhouse gas emissions and we underline some fundamental policy implications. Considering the levels of the EICI and the empirical analysis of the role of this index then we conclude that enforcing new environmental agreements with some fundamental rules, as the incentive to reduce the technological gaps among the countries, is crucial to protect the environment and at same time stimulate the investment for innovation in all countries of the world.

Suggested Citation

  • Cristian Barra & Giovanna Bimonte & Luigi Senatore, 2019. "Cooperation, diffusion of technology and environmental protection: a new index," Quality & Quantity: International Journal of Methodology, Springer, vol. 53(4), pages 1913-1940, July.
    • Handle: RePEc:spr:qualqt:v:53:y:2019:i:4:d:10.1007_s11135-019-00848-y
    DOI: 10.1007/s11135-019-00848-y
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    Cited by:

    1. Yi Chen & Yinrong Chen & Kun Chen & Min Liu, 2023. "Research Progress and Hotspot Analysis of Residential Carbon Emissions Based on CiteSpace Software," IJERPH, MDPI, vol. 20(3), pages 1-19, January.

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    More about this item

    Keywords

    Kyoto agreement; Environmental index; GMM model; OLS model; Environmental policy;
    All these keywords.

    JEL classification:

    • C12 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Hypothesis Testing: General
    • C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • F18 - International Economics - - Trade - - - Trade and Environment
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects

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