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Spatial Effects of Environmental Regulation and Green Credits on Green Technology Innovation under Low-Carbon Economy Background Conditions

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  • Quan Guo

    (School of Management, China University of Mining and Technology, Xuzhou 221116, China
    School of Business, Global Institute of Software Technology, Suzhou 215000, China)

  • Min Zhou

    (School of Management, China University of Mining and Technology, Xuzhou 221116, China)

  • Nana Liu

    (School of Management, China University of Mining and Technology, Xuzhou 221116, China)

  • Yaoyu Wang

    (Research Center for Smarter Supply Chain, Dongwu Business School, Soochow University, Suzhou 215000, China)

Abstract

Based on the data of green credit (GC), environmental regulation (ER) and green technology innovation (GTI) in 30 provinces and cities of China from 2007 to 2016, this study investigated the relationship between green credit and green technology innovation development and analyzed the adjustment effect of ER on GC to promote GTI using Geoda and Matlab2016 software, so as to further guide and encourage GC. The results show that GTI in 30 provinces and municipalities in China has a significant spatial agglomeration effect. Single GC plays a certain role in promoting local technology innovation, but it fails to influences the surrounding areas. Environmental regulation has a certain regulatory effect on the relationship between green credit and green technology innovation in the province but also fails to influences the surrounding areas.

Suggested Citation

  • Quan Guo & Min Zhou & Nana Liu & Yaoyu Wang, 2019. "Spatial Effects of Environmental Regulation and Green Credits on Green Technology Innovation under Low-Carbon Economy Background Conditions," IJERPH, MDPI, vol. 16(17), pages 1-16, August.
    • Handle: RePEc:gam:jijerp:v:16:y:2019:i:17:p:3027-:d:259631
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    8. Muyao Li & Jinsong Zhang & Ramakrishnan Ramanathan & Ruiqian Li, 2020. "Opening the Black Box: The Impacts of Environmental Regulations on Technological Innovation," IJERPH, MDPI, vol. 17(12), pages 1-18, June.
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    10. Di Chen & Haiqing Hu & Chun‐Ping Chang, 2023. "Green finance, environment regulation, and industrial green transformation for corporate social responsibility," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 30(5), pages 2166-2181, September.
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    13. Sun, Yunpeng & Razzaq, Asif & Sun, Huaping & Irfan, Muhammad, 2022. "The asymmetric influence of renewable energy and green innovation on carbon neutrality in China: Analysis from non-linear ARDL model," Renewable Energy, Elsevier, vol. 193(C), pages 334-343.
    14. Yuming Zhang & Chao Xing & David Tripe, 2020. "Redistribution of China’s Green Credit Policy among Environment-Friendly Manufacturing Firms of Various Sizes: Do Banks Value Small and Medium-Sized Enterprises?," IJERPH, MDPI, vol. 18(1), pages 1-28, December.
    15. Xiufeng Zhang & Yan Li & Ke Shi & Yanchao Feng, 2022. "How Do Environmental Technology Standards Affect the Green Transformation? New Evidence from China," IJERPH, MDPI, vol. 19(10), pages 1-16, May.
    16. Xinyu Wang & Wensen Wu & Haodong Li, 2023. "The Impact of City Ranking on Industry Shifting: An Empirical Study," Sustainability, MDPI, vol. 15(11), pages 1-16, June.
    17. Yuhua Ma & Tong Lin & Qifang Xiao, 2022. "The Relationship between Environmental Regulation, Green-Technology Innovation and Green Total-Factor Productivity—Evidence from 279 Cities in China," IJERPH, MDPI, vol. 19(23), pages 1-22, December.
    18. Xianghua Yue & Shikuan Zhao & Xin Ding & Long Xin, 2022. "How the Pilot Low-Carbon City Policy Promotes Urban Green Innovation: Based on Temporal-Spatial Dual Perspectives," IJERPH, MDPI, vol. 20(1), pages 1-20, December.
    19. Weijiao Ye & Ziqiang Li, 2023. "The Impact of Food Production Comparative Advantage on Green Total Factor Productivity: The Moderating Role of Environmental Regulation," Agriculture, MDPI, vol. 13(11), pages 1-23, October.

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