Modelling green productivity spillover effects on sustainability


Ahmed, Elsadig Musa (2020) Modelling green productivity spillover effects on sustainability. World Journal of Science, Technology and Sustainable Development, 17 (3). pp. 257-267. ISSN 2042-5945

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Purpose–This study aims to explain the integration of innovation and climate with the economic growthGreen Productivity (GP) concept. This is drawn from the integration of two important developmentalstrategies: productivity improvement and environmental protection. Productivity provides the framework forcontinuous improvement, while environmental protection provides the foundation for sustainabledevelopment. Therefore, GP is a strategy for enhancing productivity and environmental performance foroverall socio-economic development.Design/methodology/approach–Three variations of frameworks and econometric model were developedto measure green total factor productivity, green labour productivity and green capital productivity, and theircontributions to green productivity and sustainable development; these were based on extensive and intensivegrowth theories.Findings–The sustainability of higher economic growth will likely continue to be productivity driven. Thiswill be through the enhancement of total factor productivity (TFP) as technological progress in nations thatcombined the three dimensions of sustainable development (economic development, environmental protectionand social sustainable development via human capital development). Such an enhancement needs to emphasisethe quality of the workforce, demand intensity, economic restructuring, capital structure, technical progressand environmental standards. It should be recalled that green productivity through green TFP demonstratesthe sustainable development concept of progressing technologically. It will ensure the rights of the future, aswell as current, generations for them to enjoy a better life.Originality/value–The study fills the gaps in growth theories by developing three variations of frameworksand econometric models, and internalising pollutants emissions as private and unpriced inputs in the threemodels. Further, the green capital productivity model is the sole contributing model developed in this research;it has not been thought about in any previous studies. This study highlighted the green productivity that isignored by the studies that have been awarded the Nobel Prize in economic sciences in 2018

Item Type: Article
Uncontrolled Keywords: Sustainable development, Green productivity, TFP, Labour productivity, Capital productivity
Subjects: H Social Sciences > HC Economic History and Conditions > HC79 Special Topics. Including air pollution, automation, consumer demand, famines, flow of funds, etc.
Divisions: Faculty of Business (FOB)
Depositing User: Ms Rosnani Abd Wahab
Date Deposited: 25 Dec 2020 06:18
Last Modified: 25 Dec 2020 06:18


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