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Green growth versus economic growth: Do sustainable technology transfer and innovations lead to an imperfect choice?
- Source :
- Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos), Agência para a Sociedade do Conhecimento (UMIC)-FCT-Sociedade da Informação, instacron:RCAAP
- Publication Year :
- 2021
- Publisher :
- Wiley, 2021.
-
Abstract
- A concern with the mitigation of climate change cuts a transversal line across economic agents, epitomized by two contradictory viewpoints. Some defend that green growth can be achieved without harming economic growth; others argue that it is not possible to respect sustainability if intensive consumption of goods continues to foster economic growth. Our research aims to analyze the role that sustainable technology transfer and sustainable innovations play in green growth and ascertain the impact of green growth on economic growth. We use aggregated country-level data provided by the OECD, including national accounts, population, and environment statistics (including patents) between 1990 and 2013 for 32 countries, corresponding to an unbalanced panel of 591 observations. We estimate econometric models based on dynamic panel methodologies to capture differences that exist over time. The results show that sustainable technology transfer and sustainable innovation promote green growth, which in turn positively impacts economic growth. We contribute new insight to the green growth versus economic growth debate and provide several political and management implications.
- Subjects :
- Green growth
Natural resource economics
Strategy and Management
Geography, Planning and Development
Population
010501 environmental sciences
Management, Monitoring, Policy and Law
01 natural sciences
0502 economics and business
Sustainable design
Economics
Climate change
Business and International Management
education
Economic growth
0105 earth and related environmental sciences
Sustainable technology transfer
Consumption (economics)
education.field_of_study
National accounts
05 social sciences
Viewpoints
Environmental policy
Econometric model
Sustainable innovation
Sustainability
050203 business & management
Subjects
Details
- ISSN :
- 10990836 and 09644733
- Volume :
- 30
- Database :
- OpenAIRE
- Journal :
- Business Strategy and the Environment
- Accession number :
- edsair.doi.dedup.....8cf70ecf630f2b9155613cff16dd8732