Complementarity between environmental efficiency and labour productivity in a cumulative growth process
The aim of this paper is to analyse the potential complementarity between environmental efficiency and labour productivity within growth process in theoretical and empirical terms. Firstly, I analyse the theoretical elements that justify the positive relationship between the two efficiencies. Second...
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| Format: | Article |
| Language: | English |
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Associazione Economia civile
2015-03-01
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| Series: | PSL Quarterly Review |
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| Online Access: | http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/13080/12890 |
| Summary: | The aim of this paper is to analyse the potential complementarity between environmental efficiency and labour productivity within growth process in theoretical and empirical terms. Firstly, I analyse the theoretical elements that justify the positive relationship between the two efficiencies. Secondly, through a Structuralist-Keynesian baseline model, I illustrate how this complementarity is a necessary condition to obtain ecologically sustainable cumulative growth. Finally, I verify this complementarity with a Dynamic Panel analysis for the European countries in the period 1992-2012 at macro level and manufacturing sector level. |
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| ISSN: | 2037-3635 2037-3643 |