The impact of environmental innovations on job-creation process: an empirical investigation for Russian regions
The aim of this paper is to explore the impact of environmental innovation on employment in 85 Russian regions (federal subjects) for the period 2010–2014. In particular, we use latitude and longitude coordinates to compute the distance between Russian regions according to haversine formula. In this way, we measure the spillovers as the weighted sum of R&D capital stock on the basis of computed distance. The contribution to the literature is to explore whether environmental innovations are labour-friendly or labour-saving in Russia. From the empirical results of least squares dummy variable corrected (LSDVC) estimator, we observe different results by Federal Districts (groupings of the federal subjects) of the Russian Federation. The finding is very important in terms of policy implications for supporting employment.