scholarly journals Role of low-carbon technology innovation in environmental performance of manufacturing: evidence from OECD countries

2021 ◽  
Author(s):  
Rui Shi ◽  
Yu Cui ◽  
Minjuan Zhao
Keyword(s):  
Environmental Performance ◽  
Technology Innovation ◽  
Oecd Countries ◽  
Low Carbon

scholarly journals Role of Low-carbon Technology Innovation in Environmental Performance of Manufacturing: Evidence From Oecd Countries

2021 ◽  
Author(s):  
Rui Shi ◽  
Yu Cui ◽  
Minjuan Zhao
Keyword(s):  
Environmental Performance ◽  
Technology Innovation ◽  
Oecd Countries ◽  
Fixed Effect ◽  
Policy Implications ◽  
Human Society ◽  
Low Carbon ◽  
Carbon Efficiency ◽  
Green Production ◽  
Carbon Productivity

Abstract Climate change disrupts the balance of natural ecosystems and threatens the sustainable development of human society. As the leading industry in many countries, manufacturing promotes economic development; unfortunately, it also emits large quantities of greenhouse gases. Thus, it is necessary to transform the production pattern of manufacturing into green production. Although technology innovation is the only way to tackle the issue, different types of technology innovation may lead to different environmental performances. We argue that low-carbon technology innovation (LCTI) is the key to green production. Using data of Economic Co-operation and Development (OECD) countries from 1990 to 2014, we use the patent-stock method to measure LCTI levels and analyze its development trend in OECD countries. Based on the shepherd distance function, we measure carbon efficiency and carbon productivity by the fixed-effect Stochastic Frontier Analysis (SFA) model. Then we investigate the effect of LCTI on carbon emission efficiency in manufacturing by the fixed-effect regression model. After controlling some variables, evidence shows a significant positive influence of LCTI on the environmental performance of manufacturing. The level of LCTI constantly increased in OECD countries during the study period. Among these countries, the level of low-carbon technology in the chemical industry is the highest; and in most of the countries, the low-carbon technology of production process grows fastest. Policy implications are further discussed.

scholarly journals Does the Low-Carbon City Pilot Policy Promote Green Technology Innovation? Based on Green Patent Data of Chinese A-Share Listed Companies

2021 ◽  
Vol 18 (7) ◽  
pp. 3695
Author(s):  
Jintao Ma ◽  
Qiuguang Hu ◽  
Weiteng Shen ◽  
Xinyi Wei
Keyword(s):  
Technological Innovation ◽  
Technology Innovation ◽  
Objective Assessment ◽  
Green Technology ◽  
Low Carbon ◽  
Corporate Financing ◽  
Multiple Dimensions ◽  
Low Carbon City ◽  
The Impact ◽  
A Share

To cope with climate change and achieve sustainable development, low-carbon city pilot policies have been implemented. An objective assessment of the performance of these policies facilitates not only the implementation of relevant work in pilot areas, but also the further promotion of these policies. This study uses A-share listed enterprises from 2005 to 2019 and creates a multi-period difference-in-differences model to explore the impact of low-carbon city pilot policies on corporate green technology innovation from multiple dimensions. Results show that (1) low-carbon city pilot policies stimulates the green technological innovation of enterprises as manifested in their application of green invention patents; (2) the introduction of pilot policies is highly conducive to green technological innovation in eastern cities and enterprises in high-carbon emission industries; and (3) tax incentives and government subsidies are important fiscal and taxation tools that play the role of pilot policies in low-carbon cities. By alleviating corporate financing constraints, these policies effectively promote the green technological innovation of enterprises. This study expands the research on the performance of low-carbon city pilot policies and provides data support for a follow-up implementation and promotion of policies from the micro perspective at the enterprise level.

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