2023
DOI: 10.15244/pjoes/169899
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Can the Energy-Consuming Right Trading Policy Improve Urban Green Technology Innovation Capacity? Evidence from China

Bingnan Guo,
Peiji Hu,
Hao Zhang
et al.

Abstract: Green technology innovation plays an important role in achieving high-quality economic development in China. It is of great theoretical value and practical significance to study the effect of the Energy-consuming Right Trading Policy (ERTP) on green technology innovation. Based on the panel data of 279 cities in China from 2006 to 2020, this paper analyzes the effect of the ERTR on urban green technology innovation capacity (GTIC) by using the difference-in-differences (DID) model. The study shows that the ERT… Show more

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“…The beneficial impacts of green innovation are multifaceted, with empirical evidence suggesting that it can contribute to heightened energy efficiency. Green innovation has the potential to foster the development of green and low-carbon production methods and lifestyles, curbing resource consumption, and fostering cleaner and more efficient production processes (Guo et al, 2023b). Additionally, it can bolster production technologies, diminish reliance on fossil fuels in production activities, thereby curbing energy consumption and augmenting energy efficiency.…”
Section: Introductionmentioning
confidence: 99%
“…The beneficial impacts of green innovation are multifaceted, with empirical evidence suggesting that it can contribute to heightened energy efficiency. Green innovation has the potential to foster the development of green and low-carbon production methods and lifestyles, curbing resource consumption, and fostering cleaner and more efficient production processes (Guo et al, 2023b). Additionally, it can bolster production technologies, diminish reliance on fossil fuels in production activities, thereby curbing energy consumption and augmenting energy efficiency.…”
Section: Introductionmentioning
confidence: 99%