{"title":"能源转型政策、技术创新和可持续制造","authors":"Jinzhi Liu, Songhua Zhu","doi":"10.1016/j.iref.2024.103717","DOIUrl":null,"url":null,"abstract":"<div><div>This study examines the impact of China's New Energy Pilot City Policy (REPCP) on green development in the manufacturing sector, focusing on the role of technological innovation. Using a Difference-in-Differences (DID) approach with firm-level data from 30 Chinese provinces and cities (2000–2021), the research analyzes how the policy affects firms' adoption of sustainable manufacturing practices. The findings reveal that the REPCP significantly promotes green development, particularly in regions with moderate levels of industrial development. Moreover, technological innovation amplifies the policy's positive impact, indicating a synergistic relationship. The analysis also finds that state-owned enterprises are more responsive to the policy than non-SOEs. This study contributes to the understanding of energy transition policies by providing empirical evidence of their efficacy in China's manufacturing sector, highlighting the importance of technological innovation, regional variations, and ownership structures in achieving sustainable manufacturing.</div></div>","PeriodicalId":14444,"journal":{"name":"International Review of Economics & Finance","volume":"96 ","pages":"Article 103717"},"PeriodicalIF":4.8000,"publicationDate":"2024-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Energy transition policy, technology innovation and sustainable manufacturing\",\"authors\":\"Jinzhi Liu, Songhua Zhu\",\"doi\":\"10.1016/j.iref.2024.103717\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><div>This study examines the impact of China's New Energy Pilot City Policy (REPCP) on green development in the manufacturing sector, focusing on the role of technological innovation. Using a Difference-in-Differences (DID) approach with firm-level data from 30 Chinese provinces and cities (2000–2021), the research analyzes how the policy affects firms' adoption of sustainable manufacturing practices. The findings reveal that the REPCP significantly promotes green development, particularly in regions with moderate levels of industrial development. Moreover, technological innovation amplifies the policy's positive impact, indicating a synergistic relationship. The analysis also finds that state-owned enterprises are more responsive to the policy than non-SOEs. This study contributes to the understanding of energy transition policies by providing empirical evidence of their efficacy in China's manufacturing sector, highlighting the importance of technological innovation, regional variations, and ownership structures in achieving sustainable manufacturing.</div></div>\",\"PeriodicalId\":14444,\"journal\":{\"name\":\"International Review of Economics & Finance\",\"volume\":\"96 \",\"pages\":\"Article 103717\"},\"PeriodicalIF\":4.8000,\"publicationDate\":\"2024-11-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"International Review of Economics & Finance\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S1059056024007093\",\"RegionNum\":2,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"BUSINESS, FINANCE\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Review of Economics & Finance","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1059056024007093","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}
Energy transition policy, technology innovation and sustainable manufacturing
This study examines the impact of China's New Energy Pilot City Policy (REPCP) on green development in the manufacturing sector, focusing on the role of technological innovation. Using a Difference-in-Differences (DID) approach with firm-level data from 30 Chinese provinces and cities (2000–2021), the research analyzes how the policy affects firms' adoption of sustainable manufacturing practices. The findings reveal that the REPCP significantly promotes green development, particularly in regions with moderate levels of industrial development. Moreover, technological innovation amplifies the policy's positive impact, indicating a synergistic relationship. The analysis also finds that state-owned enterprises are more responsive to the policy than non-SOEs. This study contributes to the understanding of energy transition policies by providing empirical evidence of their efficacy in China's manufacturing sector, highlighting the importance of technological innovation, regional variations, and ownership structures in achieving sustainable manufacturing.
期刊介绍:
The International Review of Economics & Finance (IREF) is a scholarly journal devoted to the publication of high quality theoretical and empirical articles in all areas of international economics, macroeconomics and financial economics. Contributions that facilitate the communications between the real and the financial sectors of the economy are of particular interest.