THE IMPACT OF EPIDEMICS ON GREEN INNOVATION: GLOBAL ANALYSIS
研究了1971-2018年134个国家的面板数据，发现流行病对绿色创新有长达六年的负面影响，而制度质量和金融发展能缓解这种影响，对政策制定者有参考价值。
Epidemics and their resulting pandemics have become essential factors influencing economic development, financial stability, poverty, and ultimately a country’s innovation level, including green technology innovation. This research thus investigates epidemic events’ correlation to green innovation by operating with skewed panel data involving 134 countries from 1971 to 2018 and provides compelling proof that Epidemics have a detrimental effect on green innovation, not only for the current year but also for the next six years. We also show that the quality of institutions and financial development levels weaken epidemics’ detrimental effects on green innovation. Overall, the findings would draw particular attention from policymakers.