May 30 2018
“Big data” relevant for green restructuring policy
In order to achieve green restructuring at regional level, which constitutes an essential element of sustainability transitions, transformation processes must occur across the entire innovation chain, with policy setting the direction of the restructuring processes.
A study done by NIFU for Research Council of Norway explores research avenues that can help policymakers to assess regional capabilities for “green” economic restructuring. It seeks to harmonize inputs from the innovation studies literature within the framework of economic geography studies.
The researchers suggest that the increasing availability of “big data”, concerning also labour flows and international transactions, will be able to generate new information relevant for policy-making. They describe an empirical path to suggest regions which could particularly benefit from the local implementation of a “green” restructuring policy.
Then, on the basis of the employment composition in each of the 161 Norwegian labour market regions, the NIFU researchers suggest which are the regions where a “green” industrial policy could bring the highest benefit, in terms of contribution to the knowledge flows among local industries.
Finally, they use international trade data to understand which inputs can be considered as strategic for the policy-targeted “green” sector, and which regions could, in the future, produce those same inputs locally.Tweet