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Title The co-integration identification of green innovation efficiency in Yangtze River Delta region
ID_Doc 35122
Authors Zeng, JY; Skare, M; Lafont, J
Title The co-integration identification of green innovation efficiency in Yangtze River Delta region
Year 2021
Published
Abstract The research innovatively identifies the co-integration of green innovation efficiency and its related determinants for 26 cities in Yangtze River Delta region (YRD) in China during 2011-2017. Specifically, the research firstly measures the green innovation efficiency with super slacks based measure and global Malmquist-Luenberger index. The regional green innovation efficiency experienced a steady growth in YRD during 2011-2017, showing YRD is an ecologically pioneer in China. Secondly, the spatial econometric estimation validated that the green innovation efficiency among YRD cities finally realized regional co-integration in 2017 with spatial evolution. Finally, the expenditures on technology and education are positive determinants of green innovation efficiency in a city directly. GDP per capita is the positive determinant for co-integration of green innovation efficiency; while foreign direct investment, the proportion of expenditure on technology, and education proportion in local fiscal budget are negative determinants for co-integration of green innovation efficiency in YRD.
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