eprintid: 1279
rev_number: 15
eprint_status: archive
userid: 6
dir: disk0/00/00/12/79
datestamp: 2012-05-22 13:59:24
lastmod: 2012-07-05 10:09:36
status_changed: 2012-05-22 13:59:24
type: monograph
metadata_visibility: show
creators_name: Marin, Giovanni
creators_id: giovanni.marin@alumni.imtlucca.it
title: Do Eco-Innovations Harm Productivity Growth through Crowding Out? Results of an Extended CDM Model for Italy
ispublished: pub
subjects: HD
subjects: HD28
divisions: EIC
full_text_status: public
monograph_type: imt_eic_working_paper
keywords: JEL code: L60, O30, Q55
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). Here I test two main hypothesis: (i) to what extent polluting firms
rely on own innovations to improve their environmental performance? (ii) do the pursue of environmental innovations reduce the likelihood of obtaining other profitable innovations (crowding out)? Results, based
on 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
(at least in the short run) innovations.
date: 2012-05
date_type: published
number: 3
publisher: IMT Institute for Advanced Studies
pages: 29
institution: IMT Institute for Advanced Studies Lucca
issn: 2279-6894
citation:   Marin, Giovanni  Do Eco-Innovations Harm Productivity Growth through Crowding Out? Results of an Extended CDM Model for Italy.  EIC working paper series  #3/2012    IMT Institute for Advanced Studies    ISSN 2279-6894.      
document_url: http://eprints.imtlucca.it/1279/1/EIC_WP_3.pdf