Academic Journal

ECONOMIC DEVELOPMENT AND ECO-INNOVATION: AN ANALYSIS OF THE NON-LINEAR RELATIONSHIP IN THE EU-27.

Bibliographic Details
Title: ECONOMIC DEVELOPMENT AND ECO-INNOVATION: AN ANALYSIS OF THE NON-LINEAR RELATIONSHIP IN THE EU-27.
Alternate Title: Desarrollo económico y ecoinnovación. Un análisis de la relación no lineal en la UE-27.
Authors: García-García, Claudia1 clgarc13@ucm.es, Fernández, Sara1 sarafe21@ucm.es, Torrecillas, Celia2 celiatorrecillas@ucm.es
Superior Title: Informacion Comercial Espanola Revista de Economia. ene-mar2024, Issue 934, p97-118. 22p.
Subject Terms: *ECONOMIC development, *PER capita, NONLINEAR analysis
Abstract (English): Nowadays, eco-innovation is considered the engine for a green path. This paper analyses the relationship between the level of economic development and eco-innovations for the EU-27 countries in the period 2013-2022. Results show an S-shaped curve in the relationship between the two variables in the EU countries: a lower level of GDP per capita implies that eco-innovation growth is monotonically positive or exponential, however, a higher level of economic development shows eco-innovation stagnates. [ABSTRACT FROM AUTHOR]
Abstract (Spanish): Actualmente, la ecoinnovación es considerada como el motor para la transición verde. Este artículo analiza la relación entre el desarrollo económico y la ecoinnovación para la UE-27 en el periodo 2013-2022. Los resultados muestran una curva en forma de S en la relación entre ambas variables en estos países: un menor nivel de PIB per cápita implica que el crecimiento de la ecoinnovación es monotónicamente positivo o exponencial, sin embargo, un mayor nivel de desarrollo muestra que la ecoinnovación se estanca. [ABSTRACT FROM AUTHOR]
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Database: Business Source Premier
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