We study long run carbon dioxide emissions-economic development relationships for advanced countries grouped in policy relevant groups: North America and Oceania, South Europe, North Europe. By relying on recent advances on Generalized Additive Mixed Models (GAMMs) and adopting interaction...

This paper revisits the Porter hypothesis by pursuing two new directions. First, we compare the results obtained with two complementary approaches: parametric stochastic frontier analysis and conditional nonparametric frontier analysis. They presents relative advantages and drawbacks. Secondly,...

This paper provides an econometric examination of geographic R&D spillovers among countries by focusing on the issue of cross-sectional dependence, and in particular on the different ways – weak and strong – it may affect the model. A preliminary analysis based on the estimation of the...

By adopting a semiparametric approach, the 'traditional' regional knowledge production function is developed in three complementary directions. First, the model is augmented with region-specic time trends in order to account for endogeneity due to selection on unobservables. Second, the...

We analyse the role of financial barriers behind the adoption of environmental innovations with a focus on SMEs by using recent survey data at EU level. Finance is a key lever of innovation, especially relevant in the current phase of the economic cycle, and might play a critical role in...

Eco-innovation plays a crucial role in reducing carbon emissions. Exploiting the consolidated IPAT / STIRPAT framework, this paper studies whether a relationship exists between green technological change and both CO2 emissions and emission efficiency (CO2/VA), exploiting a rich panel covering 95...

The adoption and diffusion of environmental innovations (EIs) is crucial to greening the economy and achieving win-win environmental-economic gains. A large and increasing literature has focused on the levers underlying EIs that are external to the firm, such as stakeholders' pressure and policy...

This paper develops a theoretical model in order to study how investment decisions in innovation taken by a single agent are influenced by environmental externalities produced by investment decisions taken by other agents. The model acts in a dynamic framework, where knowledge stock represents...

It is only recently that EU policies have started defining targets for waste reduction despite waste prevention being at the top of the ‘waste hierarchy’. Against this backdrop, we examine whether individual behavior towards waste reduction is more strongly driven by extrinsic motivations...

Eco innovations in the climate change realm require pressures and knowledge from outside the firm’s and sector’s boundaries. The role of policies is well known, as a tool that potentially tackles two externalities: innovation and environmental market failures. Sector integration is also...