scholarly journals The Heterogeneous Effects of Different Environmental Policy Instruments on Green Technology Innovation

Author(s):  
Yi ◽  
Fang ◽  
Wen ◽  
Guang ◽  
Zhang

Environmental regulation is an important driving force of green technology innovation. In this paper, environmental policy instruments are classified into three categories: command-control, market-incentive and social-will. Based on the panel data of 30 provinces in China from 2010 to 2017, a fixed effect model and a panel threshold regression model are used to test the heterogeneous effects of different types of environmental policy instruments on the green technology innovation in China. The results show that: (1) Overall, China’s environmental policy instruments do not provide sufficient impetus for green technology innovation; (2) The impact of command-control environmental policy instruments on green technology innovation has a single threshold effect. When its intensity exceeds a certain threshold, green technology innovation is improved. The impact of market-incentive environmental policy instruments on the green technology innovation shows a double threshold effect, that is to say, only when its intensity maintained within a reasonable interval, can green technology innovation be promoted by it; (3) There is significant spatial difference in the impact of different types of environmental policy instruments on green technology innovation. In order to induce green technology innovation, it is necessary to formulate a combined and differentiated environmental policy system, while rationally adjusting the strength of different types of environmental policy instruments.

2002 ◽  
Vol 8 (1) ◽  
pp. 57-76 ◽  
Author(s):  
Ian W.H. Parry

This paper draws on a number of recent studies to shed light on several policy issues raised by the impact of environmental policies on technological innovation. First, to what extent does induced innovation raise the overall net benefits to society from environmental policies? Second, how does induced innovation affect the appropriate choice among alternative environmental policy instruments? Third, how does it affect the optimal stringency of environmental regulations? Fourth, should environmental policies be supplemented with additional policies to promote innovation, such as research contracts or prizes for new technologies?


2021 ◽  
Vol 9 ◽  
Author(s):  
Mengxin Wang ◽  
Yanling Li ◽  
Gaoke Liao

Against the background of carbon peaking and carbon neutralization, green technology innovation plays an important role in promoting the energy total factor productivity (TFP). This study verifies the impact of green technology innovation on energy TFP in a complete sample and the subsamples by region, by constructing a panel threshold model, and analyzes its influence mechanism on the basis of the mediating effect test based on annual provincial data of mainland China from 2005 to 2018. The empirical results reveal the following: first, with the level of economic development as the threshold variable, there is a threshold effect in the impact of green technology innovation on the energy TFP; second, green technology innovation has an impact on the energy TFP through industrial structure upgrading; that is, industrial structure has a mediating effect in the influence mechanism; and third, there is heterogeneity in the impact of green technology innovation on the energy TFP among different regions in China, and the threshold effect only exists in the western region, since the central and eastern regions have crossed a certain developmental stage.


2021 ◽  
Author(s):  
Xincai Gao ◽  
Shuai Wang ◽  
Fayyaz Ahmad ◽  
Abbas Ali Chandio ◽  
Munir Ahmad ◽  
...  

Abstract As an important production factor, land resources significantly impact green technology innovation (GTI). However, the misallocation of land resources caused by the government's "second-hand" land supply strategy has become increasingly prominent, which will adversely affect GTI by affecting the allocation of innovative elements. Based on the research data of 252 cities in China from 2008 to 2017, this paper uses panel space measurement estimation and panel threshold estimation empirical methods to test the theoretical hypothesis of the impact of misallocation of land resources on GTI. The study finds that local or neighboring land resources' misallocation has a hindering effect on local GTI. Furthermore, the misallocation of land resources has a threshold effect on the impact of GTI. The relatively high level of local economic development and environmental regulation reduces the restraining effect of the misallocation of land resources on GTI, and vice versa. Therefore, local governments should optimize the allocation of innovative elements, accelerate the construction of an efficient and market-oriented green technology innovation system, reduce the excessive intervention in land resources, and enhance the vitality of innovation entities to improve the level of green technology innovation.


Author(s):  
Zifeng Liang ◽  
Manli Zhang ◽  
Qingduo Mao ◽  
Bingxin Yu ◽  
Ben Ma

China’s environmental problems have long been criticized. The Communist Party of China (CPC) and the government have increasingly paid attention to developing environmental protection and included the construction of an ecological civilization in the “Five-in-One” development strategy. The improvement of regional eco-efficiency is an important way to realize the coordinated development of the entire society, and environmental policy instruments are a powerful means to enhance regional eco-efficiency. This paper categorizes environmental policy instruments into mandatory, hybrid, and voluntary types. Based on panel data from 31 provinces in China from 2005 to 2015, the paper discusses the impact of environmental policy instruments on regional eco-efficiency and the means of the impact. The research shows that (1) mandatory and hybrid environmental policy instruments play a significant role in promoting regional eco-efficiency, while the role of voluntary instruments is not significant in promoting regional eco-efficiency; (2) hybrid and mandatory environmental policy instruments have negative interactions; and (3) the level of economic development will positively affect the role of hybrid environmental policy instruments in promoting regional eco-efficiency but negatively affect the role of mandatory instruments in promoting regional efficiency.


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