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Role of green technological innovation in the green economic growth in China's natural resource markets

Author

Listed:
  • Li, Mulin
  • Hou, Yufei
  • Jia, Zhiya
  • Li, Jingang

Abstract

This study examines the impact of green technological innovation in China's natural resource markets on achieving green growth from 2000 to 2020 using a Generalized Method of Moments (GMM) model. It emphasizes the role of renewable energy in promoting the Green Total Factor Productivity (GTFP) and environmental sustainability. The results show that renewable energy technological innovation leads to an increase in GTFP in China as a whole and regionally in Western and Central parts of the country, enhancing the effectiveness of natural resource markets. Green innovation acts as a catalyst, promoting efficiency and carbon emission mitigation. This underscores the importance of innovation and technology in driving sustainable energy transitions in China. Overall, the findings highlight the significance of implementing renewable energy and innovation-driven strategies to address environmental concerns and achieve sustainable development goals in China.

Suggested Citation

  • Li, Mulin & Hou, Yufei & Jia, Zhiya & Li, Jingang, 2023. "Role of green technological innovation in the green economic growth in China's natural resource markets," Resources Policy, Elsevier, vol. 86(PA).
    • Handle: RePEc:eee:jrpoli:v:86:y:2023:i:pa:s030142072300898x
    DOI: 10.1016/j.resourpol.2023.104187
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