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Innovation Processes and Environmental Safety

Author

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  • BARRA, Cristian

    (CELPE - Centre of Labour Economics and Economic Policy, University of Salerno - Italy)

  • BIMONTE, Giovanna

    (CELPE - Centre of Labour Economics and Economic Policy, University of Salerno - Italy)

  • SENATORE, Luigi

    (CELPE - Centre of Labour Economics and Economic Policy, University of Salerno - Italy)

Abstract

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 help to explain how the level of innovation can determine different levels of air pollution in the world. We use 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

  • BARRA, Cristian & BIMONTE, Giovanna & SENATORE, Luigi, 2016. "Innovation Processes and Environmental Safety," CELPE Discussion Papers 141, CELPE - CEnter for Labor and Political Economics, University of Salerno, Italy.
    • Handle: RePEc:sal:celpdp:0141
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    References listed on IDEAS

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    More about this item

    Keywords

    Kyoto Agreement; Environmental Index; OLS model; Environmental Policy;
    All these keywords.

    JEL classification:

    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General
    • Q52 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Pollution Control Adoption and Costs; Distributional Effects; Employment Effects
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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