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The impact of producer services agglomeration on green economic development: Evidence from 278 Chinese cities

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  • Du, Mengfan
  • Zhang, Yue-Jun

Abstract

Driven by market and government forces, China's producer services industries have shown a trend of agglomeration. However, whether this trend can further promote the development of a green economy remains to be explored. Using the panel data of 278 Chinese cities from 2004 to 2017, this study empirically investigates the impact of China's producer services agglomeration on green economic development and examines the moderating effects of relevant industrial and environmental regulation policies. The results show that: (1) Producer services agglomeration promotes China's green economic development, which is obtained by promoting industrial structure upgrading and green technology innovation. (2) The development zone upgrading policy and command-and-control carbon emissions reduction policy can strengthen the positive impact of producer services agglomeration on the green urban economy. (3) The carbon trading policy, as a market-based carbon reduction tool, does not affect the green economic effect of the producer services agglomeration during the sample period.

Suggested Citation

  • Du, Mengfan & Zhang, Yue-Jun, 2023. "The impact of producer services agglomeration on green economic development: Evidence from 278 Chinese cities," Energy Economics, Elsevier, vol. 124(C).
    • Handle: RePEc:eee:eneeco:v:124:y:2023:i:c:s0140988323002670
    DOI: 10.1016/j.eneco.2023.106769
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    More about this item

    Keywords

    Producer services agglomeration; Green economic development; Development zone upgrading policy; Emission reduction policy;
    All these keywords.

    JEL classification:

    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • L80 - Industrial Organization - - Industry Studies: Services - - - General
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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