Green Growth and Productivity

By : V. Basil Hans

Page No: 327-333

Abstract
The quest for green growth has become a pivotal strategy for harmonising economic advancement with environmental sustainability. This article analyses the correlation between green growth policies and productivity performance, investigating whether environmental sustainability might act as a catalyst rather than a limitation on economic efficiency. The study employs a conceptual and empirical framework to examine the impact of investments in clean technology, energy efficiency, and environmental legislation on total factor productivity across various industries and economies. The findings indicate that effectively formulated green growth strategies might augment production via innovation, resource efficiency, and structural transformation, whereas inadequately integrated policies may incur short-term adjustment costs. The article adds to the expanding body of research on sustainable development by showing how green growth can lead to long-term productivity improvements and economic growth that includes everyone. Policy implications underscore the significance of complementary institutions, technological proficiency, and strategic public investment to optimise the productivity advantages of green growth.

Author
V. Basil Hans, Research Professor at Srinivas University in Mangalore, Karnataka, India.
 

DOI: https://doi.org/10.32381/PROD.2026.66.04.01