IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v14y2022i16p9889-d885167.html

Quantitative Analysis of the Impact of Ecological Industry and Ecological Investment on the Economy: A Case Study of Beijing, China

Author

Listed:
  • Yongyu Qu

    (State Key Laboratory of Simulation and Regulation of Water Cycle in River Basin, China Institute of Water Resources and Hydropower Research, Beijing 100038, China)

  • Hongzhen Ni

    (State Key Laboratory of Simulation and Regulation of Water Cycle in River Basin, China Institute of Water Resources and Hydropower Research, Beijing 100038, China)

  • Jing Zhao

    (College of Water Resources, North China University of Water Resources and Electric Power, Zhengzhou 450046, China)

  • Genfa Chen

    (State Key Laboratory of Simulation and Regulation of Water Cycle in River Basin, China Institute of Water Resources and Hydropower Research, Beijing 100038, China)

  • Changshun Liu

    (State Key Laboratory of Simulation and Regulation of Water Cycle in River Basin, China Institute of Water Resources and Hydropower Research, Beijing 100038, China)

Abstract

As China attaches increasing importance to its ecological environment, ecology-related industries have become essential to China’s national economy. However, in the current national economic accounting practice, the ecological industry (eco-industry) is not independent, and the ecological service value ecology creates is currently not within the scope of national economic accounting. To clarify the impact of the development of the eco-industry on the whole regional economy, this paper takes Beijing as the study area. For the first time, the input–output analysis method is adopted to differentiate the eco-industry as an independent sector. Moreover, the ecosystem services value is integrated into the eco-industry, and each coefficient is quantitatively analyzed from an industrial-chain perspective. The results show that the eco-industry exerts a good pulling effect on the regional economy. The inputs and outputs of the eco-industry clearly tend to focus on eco-environmental and public-service-related industries, followed by industries for which ecological development can create value. Judging from the entire regional economy, ecological investment significantly impacts both the education and financial industries. Ecological investment can promote socio-economic development, achieving a 1.318 increase in regional GDP per unit of eco-investment. The results imply that the development of the eco-industry in China should be boosted further and social capital investment should be attracted. Finally, this paper provides a scientific basis for policymakers to better understand the overall situation of both the eco-industry and industry linkages and guide them to develop relevant ecological investment strategies.

Suggested Citation

  • Yongyu Qu & Hongzhen Ni & Jing Zhao & Genfa Chen & Changshun Liu, 2022. "Quantitative Analysis of the Impact of Ecological Industry and Ecological Investment on the Economy: A Case Study of Beijing, China," Sustainability, MDPI, vol. 14(16), pages 1-19, August.
    • Handle: RePEc:gam:jsusta:v:14:y:2022:i:16:p:9889-:d:885167
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/14/16/9889/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/14/16/9889/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Xiangzheng Deng & Fan Zhang & Zhan Wang & Xing Li & Tao Zhang, 2014. "An Extended Input Output Table Compiled for Analyzing Water Demand and Consumption at County Level in China," Sustainability, MDPI, vol. 6(6), pages 1-20, May.
    2. Liu, Yating & Chen, Bin, 2020. "Water-energy scarcity nexus risk in the national trade system based on multiregional input-output and network environ analyses," Applied Energy, Elsevier, vol. 268(C).
    3. Tao, Xueping & Wang, Ping & Zhu, Bangzhu, 2016. "Provincial green economic efficiency of China: A non-separable input–output SBM approach," Applied Energy, Elsevier, vol. 171(C), pages 58-66.
    4. Li, Meng & Gao, Yuning & Meng, Bo & Yang, Zhusong, 2021. "Managing the mitigation: Analysis of the effectiveness of target-based policies on China's provincial carbon emission and transfer," Energy Policy, Elsevier, vol. 151(C).
    5. Choi, Jun-Ki & Bakshi, Bhavik R. & Haab, Timothy, 2010. "Effects of a carbon price in the U.S. on economic sectors, resource use, and emissions: An input-output approach," Energy Policy, Elsevier, vol. 38(7), pages 3527-3536, July.
    6. Glenn-Marie Lange, 1998. "Applying an Integrated Natural Resource Accounts and Input-Output Model to Development Planning in Indonesia," Economic Systems Research, Taylor & Francis Journals, vol. 10(2), pages 113-134.
    7. Costanza, Robert, 2020. "Valuing natural capital and ecosystem services toward the goals of efficiency, fairness, and sustainability," Ecosystem Services, Elsevier, vol. 43(C).
    8. Wassily Leontief, 1973. "National Income, Economic Structure, and Environmental Externalities," NBER Chapters, in: The Measurement of Economic and Social Performance, pages 565-576, National Bureau of Economic Research, Inc.
    9. Singh, Vivek Kumar & Henriques, Carla Oliveira & Martins, António Gomes, 2018. "Fostering investment on energy efficient appliances in India–A multi-perspective economic input-output lifecycle assessment," Energy, Elsevier, vol. 149(C), pages 1022-1035.
    10. Guevara, Zeus & Henriques, SofiaTeives & Sousa, Tânia, 2021. "Driving factors of differences in primary energy intensities of 14 European countries," Energy Policy, Elsevier, vol. 149(C).
    11. Garrett-Peltier, Heidi, 2017. "Green versus brown: Comparing the employment impacts of energy efficiency, renewable energy, and fossil fuels using an input-output model," Economic Modelling, Elsevier, vol. 61(C), pages 439-447.
    12. Bagheri, Mehdi & Guevara, Zeus & Alikarami, Mohammad & Kennedy, Christopher A. & Doluweera, Ganesh, 2018. "Green growth planning: A multi-factor energy input-output analysis of the Canadian economy," Energy Economics, Elsevier, vol. 74(C), pages 708-720.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Lingxiang Huang & Jianyuan Zhang & Xiang Wang & Zhu Chen, 2025. "Evaluating the Economic Performance of Park City Policy—Based on the Penalized Version of Synthetic Control Method," Sustainability, MDPI, vol. 17(8), pages 1-18, April.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. C. Oliveira Henriques & S. Sousa, 2023. "A Review on Economic Input-Output Analysis in the Environmental Assessment of Electricity Generation," Energies, MDPI, vol. 16(6), pages 1-26, March.
    2. Bin Xu & Lin Boqiang, 2023. "Investigating the Determinants of the Growth of the New Energy Industry: Using Quantile Regression Approach," The Energy Journal, , vol. 44(2), pages 241-258, March.
    3. Most. Asikha Aktar & Al-Amrani Khadeem Ali Dhahi & Usman Abdullahi, 2024. "Advancing Sustainable Development through the lens of Energy Efficiency: A Systematic Literature Review," International Journal of Energy Economics and Policy, Econjournals, vol. 14(5), pages 168-180, September.
    4. Banacloche, Santacruz & Cadarso, Maria Angeles & Monsalve, Fabio & Lechon, Yolanda, 2020. "Assessment of the sustainability of Mexico green investments in the road to Paris," Energy Policy, Elsevier, vol. 141(C).
    5. Lingzhang Kong & Jinye Li, 2022. "Digital Economy Development and Green Economic Efficiency: Evidence from Province-Level Empirical Data in China," Sustainability, MDPI, vol. 15(1), pages 1-26, December.
    6. Luigi Aldieri & Jonas Grafström & Kristoffer Sundström & Concetto Paolo Vinci, 2019. "Wind Power and Job Creation," Sustainability, MDPI, vol. 12(1), pages 1-23, December.
    7. Taelim Choi & Randall W. Jackson & Nancey Green Leigh & Christa D. Jensen, 2011. "A Baseline Input—Output Model with Environmental Accounts (IOEA) Applied to E-Waste Recycling," International Regional Science Review, , vol. 34(1), pages 3-33, January.
    8. Brown, Marilyn A. & Li, Yufei & Soni, Anmol, 2020. "Are all jobs created equal? Regional employment impacts of a U.S. carbon tax," Applied Energy, Elsevier, vol. 262(C).
    9. Howai, Niko & Balcombe, Kelvin & Robinson, Elizabeth J.Z., 2025. "Mangroves and economic development in Tobago: Incorporating payment horizons, choice certainty and ex-post interviews in discrete choice experiments," Ecological Economics, Elsevier, vol. 236(C).
    10. Yanjie Jiang & Xiaodi Ding, 2025. "Exploring the Nexus Between Ecosystem Services and Economic Sustainability: A Stakeholder Perspective," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 32(3), pages 3639-3658, May.
    11. Valerio Ercolani, 2021. "The macroeconomic impact of infrastructure investment: a review of channels," Questioni di Economia e Finanza (Occasional Papers) 613, Bank of Italy, Economic Research and International Relations Area.
    12. Trivedi, Jatin & Chakraborty, Dipanwita & Nobanee, Haitham, 2023. "Modelling the growth dynamics of sustainable renewable energy – Flourishing green financing," Energy Policy, Elsevier, vol. 183(C).
    13. Du, Xiaoyun & Meng, Conghui & Guo, Zhenhua & Yan, Hang, 2023. "An improved approach for measuring the efficiency of low carbon city practice in China," Energy, Elsevier, vol. 268(C).
    14. Lach, Łukasz, 2022. "Optimization based structural decomposition analysis as a tool for supporting environmental policymaking," Energy Economics, Elsevier, vol. 115(C).
    15. Pan Liu & Yang Zheng & Yukun Yang & Hao Wang & Xuefeng Sang & Siqi Zhang, 2025. "Exploration of Equity Cooperation Concepts in Water Resource Management," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 39(1), pages 473-502, January.
    16. Jinyan Zhan & Fan Zhang & Zhihui Li & Yue Zhang & Wei Qi, 2020. "Evaluation of food security based on DEA method: a case study of Heihe River Basin," Annals of Operations Research, Springer, vol. 290(1), pages 697-706, July.
    17. Mardones, Cristian & Baeza, Nicolas, 2018. "Economic and environmental effects of a CO2 tax in Latin American countries," Energy Policy, Elsevier, vol. 114(C), pages 262-273.
    18. Tomasz Rokicki & Radosław Jadczak & Adam Kucharski & Piotr Bórawski & Aneta Bełdycka-Bórawska & András Szeberényi & Aleksandra Perkowska, 2022. "Changes in Energy Consumption and Energy Intensity in EU Countries as a Result of the COVID-19 Pandemic by Sector and Area Economy," Energies, MDPI, vol. 15(17), pages 1-26, August.
    19. Kakali Mukhopadhyay & Debesh Chakraborty, 2005. "Is liberalization of trade good for the environment? Evidence from India," Asia-Pacific Development Journal, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), vol. 12(1), pages 109-136, June.
    20. Wentao Lu & Guixiang Zhang, 2023. "Green development efficiency of urban agglomerations in a developing country: evidence from Beijing-Tianjin-Hebei in China," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(7), pages 6939-6962, July.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:14:y:2022:i:16:p:9889-:d:885167. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.