scholarly journals How Does Industrial Structure Upgrading Affect the Global Greenhouse Effect? Evidence From RCEP and Non-RCEP Countries

2021 ◽  
Vol 9 ◽  
Author(s):  
Jiajia Dong ◽  
Yue Dou ◽  
Qingzhe Jiang ◽  
Jun Zhao

This study empirically investigates the impact of industrial structure upgrading on global carbon dioxide (CO2) emissions by employing a balanced dataset of 73 countries over the period 1990–2019. After conducting a series of empirical tests, we used the fixed effect (FE) and random effect (RE) methods to estimate the econometric model, and divided the full sample data into two subsamples, i.e., Regional Comprehensive Economic Partnership (RCEP) countries and non-RCEP countries, for heterogeneous analysis. This study also examines the mediating role of technological innovation in the relationship between industrial structure upgrading and global CO2 emissions. The main findings indicate that: (1) both industrial structure upgrading and technological innovation show significant negative impacts on CO2 emissions in the global panel, the RCEP countries, and the non-RCEP countries; (2) industrial structure upgrading not only affects CO2 emissions directly, but also has an indirect impact on global CO2 emissions by promoting technological innovation; and (3) the environmental Kuznets curve (EKC) hypothesis is verified in this study; in other words, both economic growth and CO2 emissions exhibit a significant inverted U-shaped relationship in the global panel, the RCEP countries, and the non-RCEP countries. Finally, we highlighted some important policy implications with respect to promoting industrial structure upgrading and mitigating the greenhouse effect.

2021 ◽  
Vol 9 ◽  
Author(s):  
Yue Dou ◽  
Jun Zhao ◽  
Jiajia Dong

To investigate the nexus between natural gas consumption, global carbon dioxide (CO2) emissions, and technological innovation, this study employs a balanced panel dataset of 73 countries for the period 1990–2019 based on the fixed effect and random effect estimation methods. Considering potential heterogeneity in the natural gas-CO2 nexus, this study divides the 73 countries into regional comprehensive economic partnership (RCEP) countries and non-RCEP countries for comparative analysis. The main findings indicate that natural gas consumption can significantly promote CO2 emissions for the full sample and non-RCEP countries, and improved technological innovation can help alleviate CO2 emissions from natural gas consumption. In the RCEP countries, technological innovation can improve the carbon emission reduction effect of natural gas. Furthermore, economic growth and global CO2 emissions show an inverted U-shaped relationship, which confirms the environmental Kuznets curve hypothesis. Finally, several policy implications are provided to reduce global CO2 emissions and promote green recovery in the post-epidemic era.


2021 ◽  
Vol 9 ◽  
Author(s):  
Wei Shao ◽  
Yufei Yin ◽  
Xiao Bai ◽  
Farhad Taghizadeh-Hesary

At present, China’s economy is in a crucial period of economic structural transformation. To alleviate the downward pressure on the economy and explore sustainable growth paths, the Chinese government has issued several environmental regulations. However, the impact of environmental regulation on industrial structure upgrading has not been carefully examined yet. This study utilizes the Pollution Information Transparency Index (PITI) to measure environmental regulation (ER) and examines the impact of ER on industrial structure upgrading (ISU). The sample cities are divided into 36 resource-based cities (RBCs) and 77 non–resource-based cities (NRBCs). The panel data containing 113 cities during 2008–2017 are used in this study. The empirical results show that ER has a significant impact on ISU of RBCs and NRBCs, and robust tests proved the reliability of this result. Analysis of heterogeneity shows ER has a more substantial role in promoting ISU in RBCs and the eastern region. Meanwhile, inside RBCs, ER has a more substantial impact on ISU in growth-RBCs than on that in other RBCs. The mechanism test shows that the mediation effect of technological innovation in RBCs and NRBCs is significant. At last, the impact of ER on ISU has a double-threshold effect in RBCs and a single-threshold effect in NRBCs. With the technological innovation progress, ER produces an increasing effect on ISU of RBCs and NRBCs.


2021 ◽  
Vol 275 ◽  
pp. 01004
Author(s):  
Liu Ran

In this paper, using the panel data of the National Bureau of Statistics database from 2010 to 2019, and using the random effect model, we studied the impact of agricultural infrastructure investment on economic growth. The empirical results show that the investment in agricultural infrastructure can significantly improve the national economy, among which the investment in new infrastructure promotes the economic growth to a certain extent. After comparing the eastern, central and western regions, it is found that the investment in agricultural infrastructure in the western region contributes more to the economic growth, and the statistical results are more significant. Based on the analysis of the role of agricultural infrastructure investment in promoting economic growth, this paper will further discuss the relevant suggestions of the “two new and one heavy” policy in the agricultural field, and promote the adjustment of agricultural industrial structure with the improvement of agricultural infrastructure, and promote the formation of a new development pattern of “double circulation”.


2021 ◽  
Vol 235 ◽  
pp. 02042
Author(s):  
Peihua Li

Technological innovation represented by artificial intelligence and 5G networks has developed rapidly, since the reform and opening up, especially in recent years. Technological innovation promotes the upgrading of industrial structure, promotes the increase of employment in emerging industries, at the same time, eliminate the workers in backward industries, which will have an impact on overall employment. Therefore, this paper studies the impact of technological innovation on the total employment of China from an empirical perspective. Total Factor Productivity (TFP) and TFP growth rate calculated by the Solow residual method are used as indicators of the level of technological innovation, and the long-term cointegration regression model and short-term impulse response function are established with the number of employees and employment growth rate as the dependent variables, respectively. The study found that, the impact of technological innovation on employment levels has a stable promotion effect in the long run; in the short run, there is a destructive effect at first, but as time goes by, this destructive mechanism gradually occupies the peak, and the creative mechanism begins to take effect. The leading role, technological innovation has a steady promotion effect on employment.


2021 ◽  
Vol 275 ◽  
pp. 02023
Author(s):  
Jing Zheng

Based on the panel data of 278 prefecture-level cities in China from 2008 to 2018, this paper adopts DID method to verify the impact of “the Belt and Road initiative” on pollution level of these cities, the results are still robust through the placebo test and PSM-DID, the mechanism is also analyzed. The study found that “the Belt and Road initiative” has a significant effect on the emission of wastewater, waste gas and dust of cities in China; the mechanism test shows that “the Belt and Road initiative” has significantly reduced urban environmental pollution by promoting foreign investment, upgrading industrial structure and technological innovation.


2021 ◽  
Vol 7 (5) ◽  
pp. 2422-2444
Author(s):  
Song Teng ◽  
Liu Yuxin

Objectives: As the world’s largest tobacco producer and seller, China’s rapid development of the tobacco industry is inextricably linked to the promotion and support of the manufacturing industry. The optimization and adjustment of the manufacturing structure (MS) is critical in determining the competitiveness of the manufacturing industry. This study examines the impact of technological innovation and market size on MS optimization in China using provincial data from 2001 to 2016. We obtain the following main results. First, market size and technological innovation are important drivers in optimizing MS. Technological innovation increases productivity and results in the redistribution of production factors across industrial sectors, altering the industrial structure. The market size facilitates labor division, which boosts productivity. Second, institutional innovation is critical for optimizing MS. It strengthens the impact of technological innovation and market size on MS rationalization. Furthermore, the study’s findings are robust to a variety of estimation techniques, several alternative proxies for core explanatory variables, and a long list of control variables. An important implication of the study’s findings is that the Chinese government should implement effective institutional reforms to accelerate China’s manufacturing industry’s development. China’s tobacco industry, in particular, will achieve higher quality development based on the transformation and upgrading of the overall manufacturing industry.


Author(s):  
Jiao Jiang ◽  
Xindong Zhao ◽  
◽  

This study provides an in-depth analysis of the impact of innovation on industrial upgrading from theoretical and practical perspectives. In terms of theory, based on the endogenous growth theory model, a multi-sectoral growth model is constructed to portray the inherent logical connection between innovation and industrial structure upgrading. The results show that innovation has an important impact on industrial structure upgrading. Industrial structure upgrading depends on differences in innovation level among industries and the substitution relationship of finished products in the industry. From an empirical perspective, based on the panel data of 31 provinces in China from 2005 to 2017, the spatial effect of innovation on industrial upgrading was analyzed using the spatial Durbin model. The results show that innovation and industrial structure upgrading has significant spatial correlation effects, and regional innovation can drive China’s industrial upgrading. Meanwhile, the space spillover effect is an important factor that cannot be ignored in industrial upgrading.


Subject Taiwan growth prospects. Significance Taiwan’s GDP grew by 3.38% year-on-year in October-December 2019. This is an acceleration from 2.6% year-on-year growth in the second quarter to 3.0% in the third. Consumer spending has grown steadily, while investment reshoring and exports to the United States have grown even more strongly due to trade diversion designed to mitigate the impact of US-China trade tensions. Impacts Taiwan is not currently part of the Asia Regional Comprehensive Economic Partnership and its exclusion may limit its trade opportunities. If Taiwan learns from Japan’s experience of adjusting to an ageing population, automated social services could emerge as leading sectors. The president has a renewed mandate to introduce reforms aimed at raising wages and creating jobs, especially in high-skill industries.


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