Innovation and green total factor productivity in China: a linear and nonlinear investigation

Liu, Siming; Hou, Peng; Gao, Yingkun; Tan, Yong

doi:10.1007/s11356-020-11436-1

Cited by 57 publications

(48 citation statements)

References 86 publications

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“…The assessment of IGG includes a single indicator measurement and multidimensional comprehensive evaluation. Based on the neoclassical growth theory, many scholars adopt green total factor productivity to measure IGG (Ai, Hu, & Li, 2021;Färe, 2001;Gao et al, 2021;Liu, Hou, Gao, & Tan, 2020;Yang, Jia, & Yang, 2021). However, using a single index evaluation (SIE) has a drawback in that it cannot reveal the multi-dimensional and comprehensive characteristics of IGG.…”

Section: Literature Reviewmentioning

confidence: 99%

The Dynamic Coupling Nexus Among Inclusive Green Growth: A Case Study in Western Yangtze River Delta of China

Cao¹

2021

Preprint

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Inclusive Green growth (IGG) offers an effective alternative to pursue sustainable development. The core of the IGG system lies in the coordination of inclusive, green, and growth subsystems. However, there is little quantitative assessment on IGG based on subsystem collaboration. This paper explores the dynamic coupling IGG nexus in western Yangtze River Delta of China from 2009 to 2018, by using the entropy weight approach (EWA), coupling coordination degree model (CCDM) and obstacle factor diagnostic model (OFDM). The results show that: (1) The integrated approach can allow assessment of the spatiotemporal dynamic coupling nexus of IGG subsystems; (2) At the provincial level, a relatively high IGG performance and a low coupling coordination degree (CCD) of the IGG nexus are seen. The impact of indicators on the coordinated development of IGG can be divided into two stages; (3) At the prefectural level, the cities in which CCD is rising outnumber those it is falling. However, the CCD is also low, and the gap among the regions is getting wider. The obstacles that affect the CCD of cities see a dynamic evolution trend from “inclusive obstacle type” to “inclusive and growth obstacle type” then to “green obstacle type” over the decade.

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Section: Literature Reviewmentioning

confidence: 99%

The Dynamic Coupling Nexus Among Inclusive Green Growth: A Case Study in Western Yangtze River Delta of China

Cao¹

2021

Preprint

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“…First, TI improves the efficiency of economic development. Specifically, it is reflected in the improvement of labor productivity and capital output efficiency [6], the upgrading of industrial structure, and the improvement of resource utilization efficiency. On the one hand, it saves labor force and improves labor productivity per unit [31]; on the other hand, TI promotes the rationalization of the industrial structure, which is conducive to the upgrading of the industrial structure and the optimal allocation of resources [32].…”

Section: Ti and High-quality Economic Developmentmentioning

confidence: 99%

“…Inspired by previous researchers [4,6,19], this study constructs the baseline panel estimates to test the effects of TI on the quantity and quality of economic growth, the detailed specific forms of the estimated models are as follows:…”

Section: Econometric Modelsmentioning

confidence: 99%

“…Technological innovation (TI) is an important driving force to achieve HQED and enhance the regional core competitiveness [3,4,6,7]. A large number of scholars have conducted a lot of research about the impact of TI on the economic growth rate, social progress, and environmental protection, separately.…”

Section: Introductionmentioning

confidence: 99%

“…Second, using nations or provinces as a single decision-making unit is too macro to capture more micro-level information [13]. However, existing literature mainly focuses on the national or provincial level empirical analysis [3,6,7,14], the city level and city group level studies are limited. Research on the comparative perspective, some research compared the impact of R&D input on regional economic growth in the Seoul and the rest of Korea [3]; some research compared the environmental regulation in facilitating the quantity and quality of green innovation [15].…”

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

Research on the Impact of Technology Innovation on Quantity and Quality of Economic Growth in the Yangtze River Delta of China: A Comparative Study

Cao¹,

Ge²

2021

IJSDP

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High-quality economic development (HQED) has recently become a crucial sustainable growth mode in China, which pursues economic growth while maintaining social equity and green ecology. The HQED of the Yangtze River Delta (YRD) has played an exemplary role in achieving the leap from “China speed” to “China Quality”. In this paper, we first use the entropy-weight multidimensional comprehensive evaluation method to calculate the HQED index as a proxy for the quality of economic growth. Then, using panel data of 41 cities in the YRD, we conduct a comparative study to examine impacts of technological innovation (TI) on quantity and quality of economic growth by employing different panel estimation models over the period 2009-2019 and check the robustness in five ways. Finally, this paper investigates the TI-economic growth link based on the panel quantile regression across the conditional distributions of economic growth levels. Results show that TI has significantly positive effects in terms of both quantity and quality of economic growth, and the promoting effect on the quantity of economic growth is almost four times higher than that of quality under mean estimations by double fixed-effects. The effect on quantity of economic growth is also stronger than that of quality under the conditional distribution, and TI has a stronger impact for regions with higher levels of economic growth.

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How can China's sustainable development be damaged in consequence of financial misallocation? Analysis from the perspective of regional innovation capability

Long

Zhu

et al. 2022

Bus Strat Env

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China's extensive economic growth has been accompanied with high levels of pollution, and excessive energy consumption has brought serious pollution problems. The use of financial resources to regulate green production modes and encourage high‐quality economic development has become a major focus in academia. At the same time, growth enterprise market (GEM) enterprises, which mainly operate in technology‐intensive industries, are assumed to have a simulating effect on regional innovation. Therefore, this paper utilizes the capital return differences of 4437 listed companies and 920 GEM companies based in 30 provinces of China from 2008 to 2018 to quantitatively analyze the levels of financial misallocation. With two‐stage regression method, the direct effect of financial misallocation on regional green total factor energy efficiency (GTFEE) and the indirect impact observed when taking regional innovation as an intermediary variable are discussed. Furthermore, dynamic threshold panel regression and heterogeneity analysis are used to verify the above nonlinear relationship. The empirical findings indicate that financial misallocation enhances innovation capability and further restrains GTFEE. With an improved degree of marketization and environmental regulation, the inhibitory effect of financial misallocation on GTFEE is more significant.

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Innovation and green total factor productivity in China: a linear and nonlinear investigation

Cited by 57 publications

References 86 publications

The Dynamic Coupling Nexus Among Inclusive Green Growth: A Case Study in Western Yangtze River Delta of China

The Dynamic Coupling Nexus Among Inclusive Green Growth: A Case Study in Western Yangtze River Delta of China

Research on the Impact of Technology Innovation on Quantity and Quality of Economic Growth in the Yangtze River Delta of China: A Comparative Study

How can China's sustainable development be damaged in consequence of financial misallocation? Analysis from the perspective of regional innovation capability

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