| Title | Low-Carbon Transition and Green Innovation: Evidence from Pilot Cities in China |
|---|---|
| ID_Doc | 35344 |
| Authors | Wang, TH; Song, Z; Zhou, J; Sun, HP; Liu, FQ |
| Title | Low-Carbon Transition and Green Innovation: Evidence from Pilot Cities in China |
| Year | 2022 |
| Published | Sustainability, 14, 12 |
| Abstract | Officially launched in 2008, China's low-carbon city pilot project is aimed at creating green and low-carbon cities by restricting individual consumption and enterprise production behaviors as a means of controlling greenhouse gas emissions. Among other indicators, the impact of the pilot low-carbon initiative may be evaluated based on whether it induces enterprises to engage in green technology innovation. Using green patent application data from Chinese listed companies between 2009 and 2018, this paper applies a time-varying difference-in-difference (DID) model to conduct a multi-dimensional empirical test on the changes in listed companies' degrees of green innovation before and after the publication of the list of three batches of pilot cities. Our findings were as follows: first, as a means of environmental regulation, the pilot low-carbon city initiative's effect on enterprises' green technology innovation conforms to the Porter hypothesis-that is, it encourages enterprises to improve their production technology and enhances the green innovation levels of listed companies in pilot cities; second, in terms of regional differences, the low-carbon cities pilot initiative can significantly induce green innovation activities among enterprises in China's eastern region, but not in the central or western regions; third, from the perspective of enterprise ownership, the initiative promotes greater awareness of green innovation among non-state-owned enterprises than among state-owned enterprises. At the enterprise level, this paper provides theoretical support and empirical evidence for the success of the low-carbon city pilot initiative and highlights the implications for nationwide policy. |
| https://www.mdpi.com/2071-1050/14/12/7264/pdf?version=1655192929 |
Similar Articles
| ID | Score | Article |
|---|---|---|
30784
|
Wang, J; Liu, ZF; Shi, L; Tan, JH The Impact of Low-Carbon Pilot City Policy on Corporate Green Technology Innovation in a Sustainable Development Context-Evidence from Chinese Listed Companies(2022)Sustainability, 14, 17 | |
| 30531
|
Ma, JT; Hu, QG; Shen, WT; Wei, XY Does the Low-Carbon City Pilot Policy Promote Green Technology Innovation? Based on Green Patent Data of Chinese A-Share Listed Companies(2021)International Journal Of Environmental Research And Public Health, 18, 7 | |
| 30621
|
Wang, YF; Yao, JM Innovation or introduction? Impacts of the low-carbon city pilot policy on the pathways toward green technology progress(2024)Heliyon, 10, 7 | |
| 73199
|
Zheng, BW; Wu, XY; Huo, XT; Wang, SY Can low-carbon cities pilot policy promote enterprise sustainable development? Quasi-experimental evidence from China(2024)Plos One, 19, 5 | |
| 35478
|
Zhang, Z; Zheng, CT; Lan, LY Smart city pilots, marketization processes, and substantive green innovation: A quasi-natural experiment from China(2023)Plos One, 18, 9 | |
| 30596
|
Zhao, X; Shang, YP; Ma, XW; Xia, PF; Shahzad, U Does Carbon Trading Lead to Green Technology Innovation: Recent Evidence From Chinese Companies in Resource-Based Industries(2024) | |
| 33466
|
Wang, C; Lin, K; Liu, XQ Can the low-carbon city pilot policy promote the upgrading of high-carbon emitting enterprises? Evidence from China(2022)Chinese Journal Of Population Resources And Environment, 20.0, 3 | |
| 35392
|
Song, YH; Bian, Z; Ma, NZ; Tu, W How Does the Low-Carbon City Pilot Policy Affect Enterprises' Green Innovation? Empirical Evidence from the Context of China's Digital Economy Development(2024)Sustainability, 16, 5 | |
| 30331
|
Fu, LN; Yi, Y; Wu, T; Cheng, RW; Zhang, ZM Do carbon emission trading scheme policies induce green technology innovation? New evidence from provincial green patents in China(2023)Environmental Science And Pollution Research, 30, 5 | |
| 33800
|
Yang, SB; Jahanger, A; Hossain, MR How effective has the low-carbon city pilot policy been as an environmental intervention in curbing pollution? Evidence from Chinese industrial enterprises(2023) |