Environmental policy is at the core of the current research debate and policy action. Few studies have discussed the impact of environmental regulation on productivity growth at industry level, and the empirical evidence on this issue is still controversial. Based on panel data on thirteen Italian manufacturing industries from 1995 to 2017, this study analyzes the effect of environmental policies on sectoral productivity by measuring the adjusted productivity growth using the Malmquist-Luenberger index. The main result of this analysis is that environmental regulation has no negative effect in most of the sample industries. A bootstrapping approach has been used to assess the robustness of estimated results.

Environmental regulation and green productivity growth: Evidence from Italian manufacturing industries

Daniela Lena;Marco Cucculelli
2022

Abstract

Environmental policy is at the core of the current research debate and policy action. Few studies have discussed the impact of environmental regulation on productivity growth at industry level, and the empirical evidence on this issue is still controversial. Based on panel data on thirteen Italian manufacturing industries from 1995 to 2017, this study analyzes the effect of environmental policies on sectoral productivity by measuring the adjusted productivity growth using the Malmquist-Luenberger index. The main result of this analysis is that environmental regulation has no negative effect in most of the sample industries. A bootstrapping approach has been used to assess the robustness of estimated results.
File in questo prodotto:
File Dimensione Formato  
TFSC Lena Pasurka Cucculelli 2022 184 (2022) 121993.pdf

accesso aperto

Licenza: Dominio pubblico
Dimensione 709.45 kB
Formato Adobe PDF
709.45 kB Adobe PDF Visualizza/Apri

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11566/307762
 Attenzione

Attenzione! I dati visualizzati non sono stati sottoposti a validazione da parte dell'ateneo

Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus ND
  • ???jsp.display-item.citation.isi??? ND
social impact