Research Article
From Catch-Up to Transcend: The Development of Emerging Countries’ Green Economy
Table 4
Average productivity change of each region.
| | Regions | Productivity change | 2008–2012 | 2013–2017 | 2008–2017 |
| | America | Catch-up effect | 1.0025 | 1.0117 | 1.0081 | | Innovation effect | 1.0050 | 0.9989 | 1.0031 | | Technical leadership | 0.9960 | 0.9978 | 0.9972 | | Metafrontier MLPI | 1.0118 | 1.0101 | 1.0113 |
| | Asia | Catch-up effect | 1.0161 | 1.0070 | 1.0085 | | Innovation effect | 1.0002 | 1.0159 | 1.0091 | | Technical leadership | 1.0028 | 1.0027 | 1.0027 | | Metafrontier MLPI | 1.0192 | 1.0215 | 1.0205 |
| | Europe | Catch-up effect | 1.0015 | 1.0072 | 1.0039 | | Innovation effect | 1.0012 | 1.0086 | 1.0047 | | Technical leadership | 1.0106 | 1.0100 | 1.0102 | | Metafrontier MLPI | 1.0171 | 1.0268 | 1.0226 |
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