Trade openness and urban green innovation: A dual perspective based on financial agglomeration and human capital accumulation

IF 3.3 2区社会学 Q2 ENVIRONMENTAL SCIENCES

Sustainable Futures Pub Date : 2025-02-04 DOI:10.1016/j.sftr.2025.100478

Jinda Wen, Yi Zhou

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引用次数: 0

Abstract

A more comprehensive understanding of the impact of trade openness on green innovation can help to advance sustainable development of economic growth and environmental protection simultaneously. Therefore, using panel data from 277 Chinese cities from 2009 to 2022, and based on the dual perspectives of financial agglomeration and human capital accumulation and the moderating role of environmental regulation, this study provides an in depth analysis of the bidirectional impacts of trade openness on the quantity and quality of green innovation in cities from multiple perspectives. The relevant findings are fourfold. (1) Trade openness significantly promotes the quantity and quality of green innovation, and the conclusions remain robust following a series of tests for validity and endogeneity. (2) Heterogeneity analysis demonstrates that the impact of trade openness on overall green innovation is more significant for export-trading cities, inland cities, resource-based cities, and nonenvironmental protection priority cities. (3) Mechanism analysis indicates that trade openness enhances overall urban green innovation by promoting regional financial agglomeration and human capital accumulation. (4) Moderating effect tests demonstrate that environmental regulation positively influences the relationship between trade openness and green innovation. Specifically, the positive impact of trade openness on green innovation is more pronounced in environments with stricter regulations. These results provide valuable insights for promoting China's increased openness to the outside world and advancing global Sustainable Development Goals.

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来源期刊

Sustainable Futures Social Sciences-Sociology and Political Science

CiteScore

9.30

自引率

1.80%

发文量

审稿时长

71 days

期刊介绍： Sustainable Futures: is a journal focused on the intersection of sustainability, environment and technology from various disciplines in social sciences, and their larger implications for corporation, government, education institutions, regions and society both at present and in the future. It provides an advanced platform for studies related to sustainability and sustainable development in society, economics, environment, and culture. The scope of the journal is broad and encourages interdisciplinary research, as well as welcoming theoretical and practical research from all methodological approaches.