Hughes_bse.2730.pdf (1.73 MB)
Download file

Green growth versus economic growth: Do sustainable technology transfer and innovations lead to an imperfect choice?

Download (1.73 MB)
journal contribution
posted on 24.02.2021, 11:39 by Cristina Fernandes, Pedro Mota Veiga, Joao Ferreira, Mathew HughesMathew Hughes
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.

History

School

  • Business and Economics

Department

  • Business

Published in

Business Strategy and the Environment

Volume

30

Issue

4

Pages

2021-2037

Publisher

ERP Environment and John Wiley & Sons Ltd

Version

VoR (Version of Record)

Rights holder

© 2021 The Authors.

Publisher statement

This is an open access article under the terms of the Creative Commons Attribution License, which permits use, distribution and reproduction in any medium, provided the original work is properly cited.

Acceptance date

01/01/2021

Publication date

2021-02-23

Copyright date

2021

ISSN

0964-4733

eISSN

1099-0836

Language

en

Depositor

Prof Mat Hughes. Deposit date: 5 January 2021