Shikuan Zhao , Sabri Boubaker , Ahmed Imran Hunjra , Ping Yang
{"title":"Impact of energy restructuring on green technology innovation in the context of climate policy uncertainty","authors":"Shikuan Zhao , Sabri Boubaker , Ahmed Imran Hunjra , Ping Yang","doi":"10.1016/j.ememar.2025.101377","DOIUrl":null,"url":null,"abstract":"<div><div>We examine the impact of energy restructuring on green innovation by using a panel dataset from 30 provinces spanning from 2011 to 2021. We find that energy restructuring significantly enhances urban green technological innovation, particularly in provinces with high industrialization, concentrated manufacturing, and strict environmental regulations. This study provides a novel perspective by examining the dynamic relationship between energy restructuring and green innovation, with a focus on the mediating roles of labor productivity and digital infrastructure. It also uncovers significant spatial spillover effects, demonstrating that energy restructuring not only benefits the targeted regions but also positively impacts neighboring areas.</div></div>","PeriodicalId":47886,"journal":{"name":"Emerging Markets Review","volume":"69 ","pages":"Article 101377"},"PeriodicalIF":4.6000,"publicationDate":"2025-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Emerging Markets Review","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1566014125001268","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}
引用次数: 0
Abstract
We examine the impact of energy restructuring on green innovation by using a panel dataset from 30 provinces spanning from 2011 to 2021. We find that energy restructuring significantly enhances urban green technological innovation, particularly in provinces with high industrialization, concentrated manufacturing, and strict environmental regulations. This study provides a novel perspective by examining the dynamic relationship between energy restructuring and green innovation, with a focus on the mediating roles of labor productivity and digital infrastructure. It also uncovers significant spatial spillover effects, demonstrating that energy restructuring not only benefits the targeted regions but also positively impacts neighboring areas.
期刊介绍:
The intent of the editors is to consolidate Emerging Markets Review as the premier vehicle for publishing high impact empirical and theoretical studies in emerging markets finance. Preference will be given to comparative studies that take global and regional perspectives, detailed single country studies that address critical policy issues and have significant global and regional implications, and papers that address the interactions of national and international financial architecture. We especially welcome papers that take institutional as well as financial perspectives.