| Title | Carbon neutrality and green technology innovation efficiency in Chinese textile industry |
|---|---|
| ID_Doc | 30184 |
| Authors | Xu, XF; Cui, XD; Zhang, YF; Chen, XY; Li, WH |
| Title | Carbon neutrality and green technology innovation efficiency in Chinese textile industry |
| Year | 2023 |
| Published | |
| Abstract | The present trend of rapid expansion in the textile industry is highly polluting and energy intensive, and the government intervention is necessitated. This study develops a Data Envelopment Analysis (DEA) model, ex-amines the green technology innovation of listed textile enterprises, and explores its determining factors in order to address the issue of carbon emission reduction in the textile sector. The research sample for this study is obtained from 42 listed textile enterprises from 2017 to 2020. The research demonstrates: (1) the green tech-nology innovation efficiency of domestic listed textile enterprises remains marginal; (2) from 2017 to 2020, the mean value of total factor productivity (TFP) and its decomposition index of listed enterprises in China's textile industry exhibit a downward trend, primarily as a consequence of the slowdown of technological progress; (3) the green technology of the entire industry is in recession from 2017 to 2020; (4) green technology innovation efficiency is inversely correlated with government subsidies, but positively correlated with net profit and asset size of enterprises. In light of the above information, enterprises should boost their ability to innovate with green technologies and implement a research and development (R&D) management development strategy that gives equal consideration to both economic and environmental benefits. |
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