| Title | How does renewable energy technology innovation affect the upgrading of industrial structure? The moderating effect of green finance |
|---|---|
| ID_Doc | 30640 |
| Authors | Ge, T; Cai, XS; Song, XW |
| Title | How does renewable energy technology innovation affect the upgrading of industrial structure? The moderating effect of green finance |
| Year | 2022 |
| Published | |
| Abstract | In the context of sustainable development, the renewable energy technology innovation (RETI) may have a potential impact upon the industrial structure upgrading, while green finance will play a moderating part. This paper studies the role of green finance and renewable energy technological innovation on industrial structure in China. We found that RETI has contributed significantly to the adjustment of industrial structure. The research results of PVAR (Panel Vector Autoregressive) model further prove this dynamic and continuous positive pro-motion. The threshold regression results indicate that with the improvement of green finance, there is a non-linear relationship between RETI and industrial structure. In areas where green finance is relatively low, RETI can inhibit the upgrading of industrial structure. When the degree of green finance development is relatively high, the influence of RETI on industrial structure is remarkably positive. Heterogeneity analysis shows that in eastern China, renewable energy technological innovation has significantly promoted the industrial structure upgrading. Therefore, policy makers should take various measures to expedite the green finance development and strengthen the green finance support to renewable energy technology innovations. Chinese government has the need to continue to implement related green credit policies and expand the source of green funds. |
Similar Articles
| ID | Score | Article |
|---|---|---|
30529
|
Zhao, K; Wu, C; Liu, JQ; Liu, YF Green Finance, Green Technology Innovation and the Upgrading of China's Industrial Structure: A Study from the Perspective of Heterogeneous Environmental Regulation(2024)Sustainability, 16, 11 | |
| 35445
|
Li, J Impact of green finance on industrial structure upgrading: implications for environmental sustainability in Chinese regions(2024)Environmental Science And Pollution Research, 31, 9 | |
| 30540
|
Su, Y; Fan, QM Renewable energy technology innovation, industrial structure upgrading and green development from the perspective of China?s provinces(2022) | |
| 31572
|
Wang, XY; Wang, Q Research on the impact of green finance on the upgrading of China's regional industrial structure from the perspective of sustainable development(2021) | |
| 30592
|
Zheng, ZH; Lin, BQ; Ye, N; Zheng, CF; Xie, YJ Impact of renewable energy technology innovation on green industrial structure upgrading: evidence from 284 cities in China(2023)Environmental Research Communications, 5, 11 | |
| 32433
|
Guo, W; Yang, B; Ji, J; Liu, XR Green finance development drives renewable energy development: Mechanism analysis and empirical research(2023) | |
| 30687
|
Wang, MX; Li, YL; Liao, GK Research on the Impact of Green Technology Innovation on Energy Total Factor Productivity, Based on Provincial Data of China(2021) | |
| 35542
|
Zheng, MB; Feng, GF; Chang, CP Is green finance capable of promoting renewable energy technology? Empirical investigation for 64 economies worldwide(2023)Oeconomia Copernicana, 14, 2 | |
| 19413
|
Jiang, ZJ; Lyu, PJ; Ye, L; Zhou, YW Green innovation transformation, economic sustainability and energy consumption during China's new normal stage(2020) | |
| 30375
|
Wang, SJ; Zhou, HY; Tian, KQ Impact Of Fdi On Industrial Structure Upgrading Under Green Technology Innovation In Jiangsu, China(2023)Journal Of Environmental Engineering And Landscape Management, 31, 3 |