| Title |
The effect of green fiscal policy on green technological innovation: evidence from energy saving and emission reduction fiscal policy |
| ID_Doc |
35308 |
| Authors |
Bi, SH; Kang, CY; Bai, TT; Yi, XT |
| Title |
The effect of green fiscal policy on green technological innovation: evidence from energy saving and emission reduction fiscal policy |
| Year |
2024 |
| Published |
Environmental Science And Pollution Research, 31, 7 |
| DOI |
10.1007/s11356-023-31798-6 |
| Abstract |
The "National Comprehensive demonstration of Energy Saving and Emission Reduction Fiscal Policy" (ESER policy) is a green fiscal policy to facilitate China's green sustainable development. Green sustainable development is facilitated by green technological innovation. Thus, evaluating the influence of the ESER policy on green technological innovation is essential. This study employs the difference-in-differences model to assess the ESER policy effects. The findings suggest that the ESER policy facilitates green technological innovation, but the policy effect has inhibited green technology innovation in neighboring cities. Mechanism analysis indicates that this policy effect is realized through increasing scientific research investment intensity and promoting industrial structure upgrading. Heterogeneity analysis indicates that this policy is effective in facilitating green technological innovation when performed in eastern, non-old industrial base, non-resource-based, and high green innovation level cities. In addition, the ESER policy implemented in conjunction with innovation policy can be more effective in promoting green technological innovation. These results provide valuable insights for improving the ESER policy and offer helpful guidelines for green fiscal policymaking in other countries. |
| Author Keywords |
Green fiscal policy; Energy saving and emission reduction; Green technological innovation; Difference-in-differences model |
| Index Keywords |
Index Keywords |
| Document Type |
Other |
| Open Access |
Open Access |
| Source |
Science Citation Index Expanded (SCI-EXPANDED) |
| EID |
WOS:001169805200043 |
| WoS Category |
Environmental Sciences |
| Research Area |
Environmental Sciences & Ecology |
| PDF |
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