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Title Green Technology Innovation and High-Quality Economic Development: Spatial Spillover Effect*
ID_Doc 30192
Authors Xu, SR; Chen, Y; Lyulyov, O; Pimonenko, T
Title Green Technology Innovation and High-Quality Economic Development: Spatial Spillover Effect*
Year 2023
Published Prague Economic Papers, 32, 3
Abstract Against the background of green development, green technology innovation is an important driving force for high-quality economic development. Countries are facing energy shortages, environmental deterioration and other issues that limit high-quality economic development by extending green technology innovation. The study aims to investigate the impact of green technology innovation and its spillover effect on high-quality economic development. For this purpose, the study applies panel data on 30 provinces in China from 2010 to 2019 to construct a spatial Durbin model. The study finds that green technology innovation in the region plays a positive role in promoting high-quality economic development. The findings show that green technology innovation in the Eastern Region could promote high-quality economic development. Nevertheless, the role of the Central and Western Regions is not significant and negative. Green technology innovation in the Central and Eastern Regions shows a significant positive role in promoting the high-quality economic development level of the surrounding areas. However, spillover effects in the Western Region are not obvious.
PDF http://pep.vse.cz/doi/10.18267/j.pep.833.pdf

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