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Impact of Regional Green Development Strategy on Environmental Total Factor Productivity: Evidence from the Yangtze River Economic Belt, China

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  • Kailu Guo

    (School of Public Administration, China University of Geosciences, Wuhan 430074, China
    School of Management, Taiyuan Normal University, Jinzhong 030619, China)

  • Shixiang Li

    (School of Public Administration, China University of Geosciences, Wuhan 430074, China
    Mineral Resources Strategy and Policy Research Center, China University of Geosciences, Wuhan 430074, China)

  • Zhanqi Wang

    (School of Public Administration, China University of Geosciences, Wuhan 430074, China)

  • Jianru Shi

    (School of Public Administration, China University of Geosciences, Wuhan 430074, China)

  • Jun Bai

    (School of Public Administration, China University of Geosciences, Wuhan 430074, China)

  • Jinhua Cheng

    (Mineral Resources Strategy and Policy Research Center, China University of Geosciences, Wuhan 430074, China)

Abstract

Chinese government policy officially identify the Yangtze River Economic Belt (YREB) as one of regional green development strategies firstly in 2014. This strategy can be regarded as quasi-natural experiment, this paper aims to test its impact on regional environmental total factor productivity (TFP). First, slack-based measure model is used to calculate the environmental TFP from 2005 to 2017 at provincial level. Second, based on Chinese official statistics, differences-in-differences (DID) method is applied to construct an evaluation model of policy effect, combining with the kernel matching in propensity score matching (PSM) method. The results show that environmental TFP of YREB has significant spatial differences, with characteristic of high-east and low-west, its average level is 11.69 percentage points higher than the national average. YREB strategy promotes regional economic growth, but it does no effect on the regional environmental TFP yet. Modelling suggests that YREB strategy may play a role in the short term. From the significance of the control variables, infrastructure construction level is positively correlated with environmental TFP, while per capita GDP, financial development and energy consumption intensity have negative effect on environmental TFP. Based on this, policymakers should focus on green development, promoting industrial transformation, and enhancing environmental protection.

Suggested Citation

  • Kailu Guo & Shixiang Li & Zhanqi Wang & Jianru Shi & Jun Bai & Jinhua Cheng, 2021. "Impact of Regional Green Development Strategy on Environmental Total Factor Productivity: Evidence from the Yangtze River Economic Belt, China," IJERPH, MDPI, vol. 18(5), pages 1-19, March.
    • Handle: RePEc:gam:jijerp:v:18:y:2021:i:5:p:2496-:d:509688
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    References listed on IDEAS

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    Cited by:

    1. Youshuai Sun & Demi Zhu & Zhenyu Zhang & Na Yan, 2022. "Does Fiscal Stress Improve the Environmental Efficiency? Perspective Based on the Urban Horizontal Fiscal Imbalance," IJERPH, MDPI, vol. 19(10), pages 1-23, May.
    2. Junxia He & Luxia Wang & Decai Tang, 2021. "Research on Green Total Factor Productivity of Yangtze River Economic Belt Based on Environmental Regulation," IJERPH, MDPI, vol. 18(22), pages 1-17, November.
    3. Shengli Dai & Weimin Zhang & Jiamin Zong & Yingying Wang & Ge Wang, 2021. "How Effective Is the Green Development Policy of China’s Yangtze River Economic Belt? A Quantitative Evaluation Based on the PMC-Index Model," IJERPH, MDPI, vol. 18(14), pages 1-17, July.

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