| Title |
Can green credit policy promote low-carbon technology innovation? |
| ID_Doc |
30118 |
| Authors |
Chen, ZG; Zhang, YQ; Wang, HS; Ouyang, X; Xie, YX |
| Title |
Can green credit policy promote low-carbon technology innovation? |
| Year |
2022 |
| Published |
|
| DOI |
10.1016/j.jclepro.2022.132061 |
| Abstract |
While the advancing process of achieving the carbon-neutral goal, how green credit policies guide enterprises to green production and low-carbon technology innovation has received much attention Based on the microdata of Chinese enterprises from 2004 to 2019, this paper constructs a difference-in-differences (DID) model according to the Green Credit Guidelines to investigate the impact of green credit policies on enterprises' low-carbon technological innovation and its influence mechanism. The findings include that (1) green credit policy can significantly promote low-carbon technology innovation; (2) green credit policy has a more significant promotion effect on the low-carbon technology innovation of state-owned enterprises and ESG-certified companies; (3) mechanism analysis shows that green credit policies promote enterprises' low-carbon technology innovation by increasing their R&D investment and management efficiency. This study helps policymakers to better understand the impact of green credit policies on low-carbon technology innovation and provides evidence to support the promotion of energy conservation and emission reduction in developing countries. |
| Author Keywords |
Green credit policy; Low-carbon technology innovation; R & D investment; Management efficiency |
| Index Keywords |
Index Keywords |
| Document Type |
Other |
| Open Access |
Open Access |
| Source |
Science Citation Index Expanded (SCI-EXPANDED) |
| EID |
WOS:000805716400005 |
| WoS Category |
Green & Sustainable Science & Technology; Engineering, Environmental; Environmental Sciences |
| Research Area |
Science & Technology - Other Topics; Engineering; Environmental Sciences & Ecology |
| PDF |
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