?url_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&rft.relation=http%3A%2F%2Feprints.imtlucca.it%2F1279%2F&rft.title=Do+Eco-Innovations+Harm+Productivity+Growth+through+Crowding+Out%3F+Results+of+an+Extended+CDM+Model+for+Italy&rft.creator=Marin%2C+Giovanni&rft.subject=HD+Industries.+Land+use.+Labor&rft.subject=HD28+Management.+Industrial+Management&rft.description=This+paper+discusses+the+results+for+Italy+of+a+CDM+model+(Crepon+et+al%2C+1998)+further+extended+with+the+objective+of+evaluating+drivers+and+productivity+effects+of+environmental+innovations.+The+particular+nature+of+environmental+innovations%2C+especially+as+regards+the+need+of%0D%0Agovernment+intervention+to+create+market+opportunities%2C+is+likely+to+affect+the+way+through+which+they+are+pursued+(innovation+equation+within+the+CDM+model)+and+their+effect+on+productivity+(productivity+equation).+Here+I+test+two+main+hypothesis%3A+(i)+to+what+extent+polluting+firms%0D%0Arely+on+own+innovations+to+improve+their+environmental+performance%3F+(ii)+do+the+pursue+of+environmental+innovations+reduce+the+likelihood+of+obtaining+other+profitable+innovations+(crowding+out)%3F+Results%2C+based%0D%0Aon+administrative+data+(AIDA+by+Bureau+van+Dijk+and+patent+data+from+PATSTAT)+show+that+innovation+efforts+of+polluting+firms+and+sectors+is+significantly+biased+towards+environmental+innovations+and+that+environmental+innovations+tend+to+crowd+out+other+more+profitable%0D%0A(at+least+in+the+short+run)+innovations.&rft.publisher=IMT+Institute+for+Advanced+Studies&rft.date=2012-05&rft.type=Working+Paper&rft.type=NonPeerReviewed&rft.format=application%2Fpdf&rft.language=en&rft.identifier=http%3A%2F%2Feprints.imtlucca.it%2F1279%2F1%2FEIC_WP_3.pdf&rft.identifier=++Marin%2C+Giovanni++Do+Eco-Innovations+Harm+Productivity+Growth+through+Crowding+Out%3F+Results+of+an+Extended+CDM+Model+for+Italy.++EIC+working+paper+series++%233%2F2012++++IMT+Institute+for+Advanced+Studies++++ISSN+2279-6894.++++++