✅ Greener service sectors grow by tapping into market dynamism and resource reallocation, while greener goods sectors thrive through improvements within their own companies.

It's clear: embracing green practices benefits both the environment AND the economy!🌎 🌱

#SustainableGrowth #Research #Canada

Here’s what we found:

✅ Industries with a high “green intensity”—think professional services and agriculture—have 50–60% better #productivity compared to others, and they bounced back faster during the pandemic.

Powering Progress: Toward a Better Understanding of Canada’s Green Economy Despite Canada’s ambitious climate goals and the global transition toward more sustainable economic development models, empirical evidence on how the green transition affects Canada’s productivity gro...

My paper with Bassirou Gueye and Peter Foltin, "Powering Progress: Toward a Better Understanding of Canada’s #GreenEconomy," is out! It introduces a fresh way to measure how green Canadian industries are—including what they produce and how they produce them.

www150.statcan.gc.ca/n1/pub/11f00...