Internet development, economic level, and port total factor productivity: an empirical study of Yangtze River ports

Author(s):  
Yanwu Song ◽  
Hongwei Liu
2021 ◽  
Author(s):  
lei Wu ◽  
Xiaoyan Jia ◽  
Jie Lv ◽  
Li Gao

Abstract Technological innovation can promote high-quality economic growth. This paper discusses the promotion of green total factor productivity from the perspective of collaborative innovation in the Yangtze River Economic Belt. Firstly, the evaluation index system of collaborative innovation level is constructed from two aspects of collaborative innovation elements and collaborative innovation environment. Then the entropy method is used to measure its development level. The results show that the collaborative innovation level of provinces in the Yangtze River Economic Belt presents an increasing trend year by year. Meanwhile, there are regional differences, which is characterized by 'high in the middle reaches, middle in the downstream and low in the upstream' Secondly, the SDM model based on endogenous spatio-temporal weight matrix is constructed to analyze the influencing factors of green total factor productivity. The results show that collaborative innovation in the Yangtze River Economic Belt has significant negative impact on green total factor productivity in terms of spatial interaction and fiscal expenditure also has a negative impact. The spatial interaction between environmental protection and opening up has a significant positive impact on green total factor productivity. However, the spatial interaction between industrial structure and human capital on green total factor productivity is not obvious. Finally, this paper puts forward some policy suggestions to improve green total factor productivity.


Author(s):  
Jia Li ◽  
Decai Tang ◽  
Acheampong Paul Tenkorang ◽  
Zhuoran Shi

This paper employs the global Malmquist Luenberger (GML) index and the System Generalized method of moments (GMM) estimation method to investigate the influence of both environmental regulation and financial development on green total factor productivity in 41 cities of the Yangtze River Delta (YRD) in China from 2003–2019. We select the relevant input-output data to measure the green total factor productivity (GTFP) and its decomposition index including undesirable output. The results show that the GTFP and its decomposition index in the YRD have a slow fluctuating upward trend. The YRD mainly depends on improving the level of technological progress and environmental governance to promote the improvement of regional economic green development level. The empirical research results show that there is an inverted U relationship between environmental regulation and GTFP in the YRD, too strict environmental regulation will inhibit the growth of green total factor productivity. By adding control variables, the inflection point of environmental regulation is 0.5034, which is lower than that without control variables. There is a strong interaction and superposition effect between financial development and environmental regulation, which is closely related to the established financial cooperation mechanism, perfect financial system arrangement and cross-regional financial cooperation platform in the YRD. Government intervention should be reduced, the introduction of foreign capital should be controlled appropriately, foreign capital should be guided to green industries, and the use efficiency of foreign capital should be improved. This paper holds that we should pay attention to the strength of environmental regulation, prevent overcorrection, increase the guidance of credit funds, deepen the reform of the financial system, appropriately intervene in the market by the government, strengthen the guidance of foreign capital, and promote the development and transformation of the green economy in the YRD region with the help of several policies.


Sign in / Sign up

Export Citation Format

Share Document