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An Empirical Analysis Of Innovative Efforts As An Instrument Of Green Industrial Policy For Selected Countries

Author

Listed:
  • Rafael Moraes de Sousa

    (Universidade Federal do Maranhão)

  • Karina Palmieri de Almeida

    (Universidade Federal de Uberlândia)

Abstract

This paper examines the relationship between innovative green (public) efforts and short and long-term environmental degradation, through a cointegration panel with 18 countries selected for the period 1995–2018. The ARDL Panel for cointegration was specified with variable effects of scale, composition and technological change. The results obtained that higher levels of public expenditure on resources directed towards environmental R&D (green innovative efforts), with the aim of green technologies, have a negative relationship with the growth of environmental impacts, i.e., that is. such investments have a good expectation of reducing environmental degradation.

Suggested Citation

  • Rafael Moraes de Sousa & Karina Palmieri de Almeida, 2024. "An Empirical Analysis Of Innovative Efforts As An Instrument Of Green Industrial Policy For Selected Countries," Revista de Economia Mackenzie (REM), Mackenzie Presbyterian University, Social and Applied Sciences Center, vol. 21(1), pages 32-57, january-j.
    • Handle: RePEc:aft:journl:v:21:1:2024:jan:jun:p:32-57
    DOI: 10.5935/1808-2785/rem.v21n1p.32-57
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    More about this item

    Keywords

    Green Industrial Policy; innovative efforts; degradation; Panel ARDL; cointegration.;
    All these keywords.

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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