Environmental management, environmental innovation, and productivity growth

A global firm-level investigation

Dados Bibliográficos

ID21691007
AutoresRuohan Wu (0000-0003-2128-4500, University of North Georgia, autor correspondente)
Ano2023
Volume28
Fascículo5
Páginas449-468
Data de publicação2023-10-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoEnvironment and Development Economics (JOURNAL)
Identificadores do periódicoISSN: 1355-770X • E-ISSN: 1469-4395
EditoraCambridge University Press (CUP) (PUBLISHER)
DOI10.1017/s1355770x23000049
OpenAlexW4384698647
IdiomaEN
Citações recebidas2
Referências citadas42

This paper empirically investigates the economic effects of environmental activities. To be specific, it investigates the interactive influence of firms' environmental management and environmental innovation on their productivity. We consider both internal and external environmental management practices of global firms observed from 41 countries between 2017 and 2019. We also consider both inputs and outputs of firms' innovation activities that aim to reduce environmental impacts. Multiple indices are constructed to comprehensively evaluate firms' environmental activities, and productivity is estimated with a semi-parametric method. We find that environmental management and environmental innovation are directly correlated to each other and both substantially promote productivity; however, they tend to substitute each other's positive effects on productivity. Other variables such as globalization, government, labor inputs, and informal competition strongly affect firm productivity too

Business · Economic growth · Economics · Environmental economics · Environmental management system · Environmental scanning · Industrial organization · Natural resource economics · Porter hypothesis · Productivity · Energy, Environment, Economic Growth · Environmental Sustainability in Business · Sustainable Supply Chain Management · Ecology