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Biased technical change, capital deepening, and efficiency of environmental regulations: Evidence from the Chinese provinces

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  • Zhao, Pan
  • Hu, Guoheng
  • Jin, Peizhen

Abstract

This study uses the Malmquist-Luenberger index to test how the capital-biased technical change affects the efficiency of environmental regulation in China using the provincial-level panel data from 2004 to 2018. It is found that there is a significant capital-biased technical change. The total factor productivity growth promotes the provincial-level efficiency of environmental regulation. However, capital deepening hinders the enhancement of the efficiency of environmental regulation. Finally, the Spatial Durbin model estimations indicate that the capital-biased technical change positively affects the provincial efficiency of environmental regulation, and its components exhibit remarkable spatial spillover effects.

Suggested Citation

  • Zhao, Pan & Hu, Guoheng & Jin, Peizhen, 2023. "Biased technical change, capital deepening, and efficiency of environmental regulations: Evidence from the Chinese provinces," Technological Forecasting and Social Change, Elsevier, vol. 191(C).
    • Handle: RePEc:eee:tefoso:v:191:y:2023:i:c:s0040162523001385
    DOI: 10.1016/j.techfore.2023.122453
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