HOW DOES ECONOMIC POLICY UNCERTAINTY AFFECT GREEN INNOVATION?

IF 4.8 2区经济学 Q1 ECONOMICS

Technological and Economic Development of Economy Pub Date : 2022-11-25 DOI:10.3846/tede.2022.17760

Xinman Peng, Xing-yun Zou, Xinxin Zhao, Chun-ping Chang

引用次数: 51

Abstract

This research examines the impact of economic policy uncertainty (EPU) on green innovation by using the panel fixed effects model from 2000 to 2017 for the samples of 31 provinces in China. The general conclusion is that there exists a positive link from EPU to green innovation, and that the impact of EPU varies significantly among different provinces that have diverse levels of marketization and trade openness. Specifically, provinces with higher marketization and degrees of trade openness have witnessed stronger positive effects from EPU on green innovation, whereas the correlation is rather weak in regions with low levels of those two factors. Our findings serve as a research reference for how governments may boost green innovation in the face of increasing EPU.

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经济政策的不确定性如何影响绿色创新?

本文采用面板固定效应模型，以中国31个省份为样本，从2000年到2017年，考察了经济政策不确定性对绿色创新的影响。研究发现，环境保护政策与绿色创新之间存在正相关关系，且环境保护政策的影响在不同市场化程度和贸易开放程度的省份之间存在显著差异。其中，市场化程度和贸易开放程度越高的省份，EPU对绿色创新的正向影响越强，而两者水平较低的地区，EPU对绿色创新的正向影响较弱。研究结果可为政府如何在EPU不断增加的情况下促进绿色创新提供研究参考。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Technological and Economic Development of Economy ECONOMICS-

CiteScore

10.00

自引率

8.50%

发文量

审稿时长

15 weeks

期刊介绍： Technological and Economic Development of Economy is a refereed journal that publishes original research and review articles and book reviews. The Journal is designed for publishing articles in the following fields of research: systems for sustainable development, policy on sustainable development, legislation on sustainable development, strategies, approaches and methods for sustainable development, visions and scenarios for the future, education for sustainable development, institutional change and sustainable development, health care and sustainable development, alternative economic paradigms for sustainable development, partnership in the field of sustainable development, industry and sustainable development, sustainable development challenges to business and management, technological changes and sustainable development, social aspects of sustainability, economic dimensions of sustainability, political dimensions of sustainability, innovations, life cycle design and assessment, ethics and sustainability, sustainable design and material selection, assessment of environmental impact, ecology and sustainability, application case studies, best practices, decision making theory, models of operations research, theory and practice of operations research, statistics, optimization, simulation. All papers to be published in Technological and Economic Development of Economy are peer reviewed by two appointed experts. The Journal is published quarterly, in March, June, September and December.