Analyzing the Green Total Factor Productivity: Impact on Sustainable Productivity Growth
Author: Khoula Maryam

Green total factor productivity (GTFP) is important given that it ensures sustainable growth. Against this backdrop, present study aims at establishing a relationship between total factor productivity (TFP) and economic growth (EG) with Carbon Dioxide (CO2) emissions proxied for environment. Data employed is of 141 economies, over the period 1960-2017. GTFP has been computed via the Growth Accounting Model (GAM) with necessary amendments and the dynamic 2-step GMM is used for estimation. A strong relationship is established between GTFP and EG. However, GTFP is higher for developed economies contrary to their counterparts. While, the control variables show results aligned with the existing body of literature. In light of the findings, it is concluded that increased levels of GTFP, higher degree of trade openness (TO) and foreign direct investment (FDI) as well as higher rates of capital investment and employment are essential for economies to embark on a path towards sustainable economic growth (SEG). Hence, policy makers can play a competent role in ensuring that the right kind of policies are adopted for implementation. Supervisor:- Dr. Attiya Yasmin Javid

Meta Data

Keywords : Carbon Dioxide Emission, CO2, Economic Growth, Green TFP
Supervisor: Attiya Yasmin Javid

Related Thesis​