| Title |
The impact of domestic and foreign public green R&D on domestic green innovation |
| ID_Doc |
35142 |
| Authors |
Herzer, D |
| Title |
The impact of domestic and foreign public green R&D on domestic green innovation |
| Year |
2023 |
| Published |
|
| DOI |
10.1080/10438599.2023.2300066 |
| Abstract |
This study examines the effect of both domestic and foreign publicly funded R&D in environmentally friendly technologies on domestic green innovation. Using panel data for 24 countries over the period 1994-2019 and a variety of cointegration methods, which assume non-stationary variables, we find that both domestic and foreign public R&D in environmentally friendly technologies have a significant positive effect on domestic green innovation. The evidence from the panel cointegration analysis also suggests that while foreign government-funded green R&D does not affect domestic innovation in environmental technologies through disembodied, non-trade-related spillovers, and while many imported goods are not a channel for international spillovers of public R&D in environmental technologies, international spillovers from public green R&D occur through imports of environmental goods. In addition, we find no evidence that domestic and foreign publicly funded R&D in environmentally friendly technologies crowd out non-green innovation. Our two main findings - that both domestic and foreign public environmental R&D expenditures have positive effects on domestic green innovation and that international spillovers from government-funded green R&D occur through imports of environmental goods - are robust to the application of a variety of stationary panel methods to a shorter sample that starts in 2008. |
| Author Keywords |
Green innovation; public R&D in environmentally friendly technologies; international spillovers of public R&D in environmental technologies; imports of environmental goods |
| Index Keywords |
Index Keywords |
| Document Type |
Other |
| Open Access |
Open Access |
| Source |
Social Science Citation Index (SSCI) |
| EID |
WOS:001132534400001 |
| WoS Category |
Economics |
| Research Area |
Business & Economics |
| PDF |
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