IDEAS home Printed from https://ideas.repec.org/a/plo/pone00/0284740.html
   My bibliography  Save this article

Does the low-carbon pilot policy improve urban economic resilience? Evidence from China

Author

Listed:
  • Zhiyu Liu

Abstract

Identifying the relationship between carbon neutrality initiatives and its economic impact is crucial in evaluating the cost of low-carbon transition for policy makers. In this paper, a theoretical model is built to discuss the effects of the low-carbon pilot policy in China on urban economic resilience and an empirical test is conducted to examine the relationship using the Heckman two stage model and a panel data of 277 cities from 2004 to 2020. The results show that low-carbon pilot policy significantly enhanced urban economic resilience and the stimulating effect is mainly achieved by motivating technology innovations. In addition, further analysis indicates that low-carbon pilot policy has a more pronounced effect on improving urban economic resilience of cities in the central and western regions than eastern regions. The effect is also more prominent in non-first-tier cities than first-tier cities. The results are robust to placebo test, the Propensity Score Matching Difference-in-Difference test and the test for alternative measure of urban economic resilience. The findings show that the low-carbon pilot policy is consistent with the goal of improving urban economic resilience and technology innovation is the essential pillar of sustainable development.

Suggested Citation

  • Zhiyu Liu, 2023. "Does the low-carbon pilot policy improve urban economic resilience? Evidence from China," PLOS ONE, Public Library of Science, vol. 18(4), pages 1-23, April.
    • Handle: RePEc:plo:pone00:0284740
    DOI: 10.1371/journal.pone.0284740
    as

    Download full text from publisher

    File URL: https://journals.plos.org/plosone/article?id=10.1371/journal.pone.0284740
    Download Restriction: no
    File URL: https://journals.plos.org/plosone/article/file?id=10.1371/journal.pone.0284740&type=printable
    Download Restriction: no
    File URL: https://libkey.io/10.1371/journal.pone.0284740?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Ron Martin, 2012. "Regional economic resilience, hysteresis and recessionary shocks," Journal of Economic Geography, Oxford University Press, vol. 12(1), pages 1-32, January.
    2. Shade T Shutters & Rachata Muneepeerakul & José Lobo, 2015. "Quantifying urban economic resilience through labour force interdependence," Palgrave Communications, Palgrave Macmillan, vol. 1(palcomms2), pages 15010-15010, May.
    3. Yu, Jian & Shi, Xunpeng & Guo, Dongmei & Yang, Longjian, 2021. "Economic policy uncertainty (EPU) and firm carbon emissions: Evidence using a China provincial EPU index," Energy Economics, Elsevier, vol. 94(C).
    4. Stognief, Nora & Walk, Paula & Schöttker, Oliver & Oei, Pao-Yu, 2019. "Economic Resilience of German Lignite Regions in Transition," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 11(21).
    5. Jing Jiang & Xiaoqing Zhang & Caihong Huang, 2022. "Influence of Population Agglomeration on Urban Economic Resilience in China," Sustainability, MDPI, vol. 14(16), pages 1-19, August.
    6. Liu, Xiaoyu & Duan, Zhiyuan & Shan, Yuli & Duan, Haiyan & Wang, Shuo & Song, Junnian & Wang, Xian'en, 2019. "Low-carbon developments in Northeast China: Evidence from cities," Applied Energy, Elsevier, vol. 236(C), pages 1019-1033.
    7. Camilo Mora & Daniele Spirandelli & Erik C. Franklin & John Lynham & Michael B. Kantar & Wendy Miles & Charlotte Z. Smith & Kelle Freel & Jade Moy & Leo V. Louis & Evan W. Barba & Keith Bettinger & Ab, 2018. "Broad threat to humanity from cumulative climate hazards intensified by greenhouse gas emissions," Nature Climate Change, Nature, vol. 8(12), pages 1062-1071, December.
    8. Haichao Yu & Yan Liu & Chengliang Liu & Fei Fan, 2018. "Spatiotemporal Variation and Inequality in China’s Economic Resilience across Cities and Urban Agglomerations," Sustainability, MDPI, vol. 10(12), pages 1-19, December.
    9. Zhong, Wei & Yuan, Wei & Li, Susan X. & Huang, Zhimin, 2011. "The performance evaluation of regional R&D investments in China: An application of DEA based on the first official China economic census data," Omega, Elsevier, vol. 39(4), pages 447-455, August.
    10. Robert Faff & Yew-Kee Ho & Weiling Lin & Chee-Meng Yap, 2013. "Diminishing marginal returns from R&D investment: evidence from manufacturing firms," Applied Economics, Taylor & Francis Journals, vol. 45(5), pages 611-622, February.
    11. Heckman, James, 2013. "Sample selection bias as a specification error," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 31(3), pages 129-137.
    12. Ron Martin & Peter Sunley, 2015. "On the notion of regional economic resilience: conceptualization and explanation," Journal of Economic Geography, Oxford University Press, vol. 15(1), pages 1-42.
    13. Thorsten Wiechmann & Karina M. Pallagst, 2012. "Urban shrinkage in Germany and the USA: A Comparison of Transformation Patterns and Local Strategies," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 36(2), pages 261-280, March.
    14. Feng, Tong & Lin, Zhongguo & Du, Huibin & Qiu, Yueming & Zuo, Jian, 2021. "Does low-carbon pilot city program reduce carbon intensity? Evidence from Chinese cities," Research in International Business and Finance, Elsevier, vol. 58(C).
    Full references (including those not matched with items on IDEAS)

    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. Mikhail Rogov & Céline Rozenblat, 2018. "Urban Resilience Discourse Analysis: Towards a Multi-Level Approach to Cities," Sustainability, MDPI, vol. 10(12), pages 1-21, November.
    2. Jing Jiang & Xiaoqing Zhang & Caihong Huang, 2022. "Influence of Population Agglomeration on Urban Economic Resilience in China," Sustainability, MDPI, vol. 14(16), pages 1-19, August.
    3. Barbara Ermini & Luca Papi & Francesca Scaturro, 2022. "Over-education and the great recession. The case of Italian Ph.D graduates," RIEDS - Rivista Italiana di Economia, Demografia e Statistica - The Italian Journal of Economic, Demographic and Statistical Studies, SIEDS Societa' Italiana di Economia Demografia e Statistica, vol. 76(3), pages 17-28, July-Sept.
    4. Jia Lv & Hao Zeng & Zhi Liu, 2023. "The Impact of Green Innovation Capacity on Urban Economic Resilience: Evidence from China’s Yangtze River Delta Region," Sustainability, MDPI, vol. 15(21), pages 1-28, October.
    5. Liu, Shuwen & Li, Youli & Shen, Zhihan & Yu, Jinyi & Xu, Zhaoyi, 2024. "The impact of population agglomeration on economic resilience: Evidence from 280 cities in China," International Review of Economics & Finance, Elsevier, vol. 94(C).
    6. Yi Xu & Jian Li & Yongcan Yan & Pengcheng Gao & Heng Xie, 2022. "Can Coordinated Development of Manufacturing and Information Communication Service Industries Boost Economic Resilience? An Empirical Study Based on China’s Provinces," Sustainability, MDPI, vol. 14(17), pages 1-15, August.
    7. Marina Capparucci & Emanuela Ghignoni & Alina Verashchagina & Natalia Vorozhbit, 2015. "The Drivers of Innovation in the Italian Manufacturing Sector," Economia & lavoro, Carocci editore, issue 3, pages 111-128.
    8. Vinko Muštra & Blanka Šimundić & Zvonimir Kuliš, 2020. "Does innovation matter for regional labour resilience? The case of EU regions," Regional Science Policy & Practice, Wiley Blackwell, vol. 12(5), pages 955-970, October.
    9. Tapio Riepponen & Mikko Moilanen & Jaakko Simonen, 2023. "Themes of resilience in the economics literature: A topic modeling approach," Regional Science Policy & Practice, Wiley Blackwell, vol. 15(2), pages 326-356, April.
    10. Roberto Antonietti & Ron Boschma, 2021. "Social capital, resilience, and regional diversification in Italy [Social capital, innovation and growth: evidence from Europe]," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 30(3), pages 762-777.
    11. repec:osf:osfxxx:s8ayp_v1 is not listed on IDEAS
    12. Ugo Fratesi & Andrés Rodríguez-Pose, 2016. "The crisis and regional employment in Europe: what role for sheltered economies?," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 9(1), pages 33-57.
    13. A D Adom, 2016. "Resilience of developing countries to shocks: Case study of WAEMU countries with SUR and VAR Approaches," Economic Issues Journal Articles, Economic Issues, vol. 21(2), pages 105-138, September.
    14. Ugo Fratesi & Giovanni Perucca, 2018. "Territorial capital and the resilience of European regions," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 60(2), pages 241-264, March.
    15. Kurikka, Heli & Grillitsch, Markus, 2020. "Resilience in the periphery: What an agency perspective can bring to the table," Papers in Innovation Studies 2020/7, Lund University, CIRCLE - Centre for Innovation Research.
    16. Giulio Cainelli & Roberto Ganau & Marco Modica, 2019. "Does related variety affect regional resilience? New evidence from Italy," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 62(3), pages 657-680, June.
    17. Yun-Hsuan Lee & Li-Ling Kao & Wen-Hsiang Liu & Jen-Te Pai, 2023. "A Study on the Economic Resilience of Industrial Parks," Sustainability, MDPI, vol. 15(3), pages 1-15, January.
    18. Paolo Rizzi & Paola Graziano & Antonio Dallara, 2018. "A capacity approach to territorial resilience: the case of European regions," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 60(2), pages 285-328, March.
    19. Hennebry Barraí, 2018. "Regional Resilience in Ireland and the Existence of a Two-Tier Recovery," Quaestiones Geographicae, Sciendo, vol. 37(4), pages 99-110, December.
    20. Suat Tuysuz & Tüzin Baycan & Fatih Altuğ, 2022. "Economic impact of the COVID-19 outbreak in Turkey: analysis of vulnerability and resilience of regions and diversely affected economic sectors," Asia-Pacific Journal of Regional Science, Springer, vol. 6(3), pages 1133-1158, October.
    21. Elias Giannakis & Adriana Bruggeman, 2017. "Economic crisis and regional resilience: Evidence from Greece," Papers in Regional Science, Wiley Blackwell, vol. 96(3), pages 451-476, August.

    More about this item

    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:plo:pone00:0284740. 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: plosone (email available below). General contact details of provider: https://journals.plos.org/plosone/ .

    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.