Title |
Has the sustainable energy transition in China's resource-based cities promoted green technology innovation in firms? |
ID_Doc |
30562 |
Authors |
Sun, JM; Xue, JA; Qiu, XD |
Title |
Has the sustainable energy transition in China's resource-based cities promoted green technology innovation in firms? |
Year |
2023 |
Published |
|
DOI |
10.1016/j.seps.2022.101330 |
Abstract |
Sustainable energy access for all cities is a major concern. Using a sample of listed companies between 2007 and 2018 in China's heavy pollution industries, this paper considers the Plan for the Sustainable Development of Resource-based Cities in China (2013-2020) (hereafter referred to as "SE policy") as a quasi-natural experiment to evaluate the impact of a sustainable energy policy for resource-based cities (RBCs) on firm-level green behavior based on difference-in-differences (DID) model and further tests the heterogeneity of impact. The main findings are presented as follows:(1) The implementation of SE policy promotes heavily polluting firms' green technology innovation. After several robustness tests, the result is still valid. (2) There is a greater impact of SE policy on firms' green technology innovation among state-owned enterprises (SOEs) when compared with non-SOEs. (3) The impact of SE policy on firms' green technology innovation is greater among firms with a high degree of slack resources. In a nutshell, enacting a sustainable energy policy for RBCs is successful in encouraging green behavior among firms in RBCs. |
Author Keywords |
Sustainable energy policy; Resource-based cities; Firm's green technology innovation; Difference-in-differences model |
Index Keywords |
Index Keywords |
Document Type |
Other |
Open Access |
Open Access |
Source |
Science Citation Index Expanded (SCI-EXPANDED); Social Science Citation Index (SSCI) |
EID |
WOS:001011623900001 |
WoS Category |
Economics; Management; Operations Research & Management Science |
Research Area |
Business & Economics; Operations Research & Management Science |
PDF |
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