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Green Technology Innovation and High-Quality Economic Development: Spatial Spillover Effect

Author

Listed:
  • Shaorui Xu
  • Yang Chen
  • Oleksii Lyulyov
  • Tetyana Pimonenko

Abstract

Against the background of green development, green technology innovation is an important driving force for high-quality economic development. Countries are facing energy shortages, environmental deterioration and other issues that limit high-quality economic development by extending green technology innovation. The study aims to investigate the impact of green technology innovation and its spillover effect on high-quality economic development. For this purpose, the study applies panel data on 30 provinces in China from 2010 to 2019 to construct a spatial Durbin model. The study finds that green technology innovation in the region plays a positive role in promoting high-quality economic development. The findings show that green technology innovation in the Eastern Region could promote high-quality economic development. Nevertheless, the role of the Central and Western Regions is not significant and negative. Green technology innovation in the Central and Eastern Regions shows a significant positive role in promoting the high-quality economic development level of the surrounding areas. However, spillover effects in the Western Region are not obvious.

Suggested Citation

  • Shaorui Xu & Yang Chen & Oleksii Lyulyov & Tetyana Pimonenko, 2023. "Green Technology Innovation and High-Quality Economic Development: Spatial Spillover Effect," Prague Economic Papers, Prague University of Economics and Business, vol. 2023(3), pages 292-319.
    • Handle: RePEc:prg:jnlpep:v:2023:y:2023:i:3:id:833:p:292-319
    DOI: 10.18267/j.pep.833
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    References listed on IDEAS

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    More about this item

    Keywords

    Green technology; green growth; sustainable development; economic growth; innovation;
    All these keywords.

    JEL classification:

    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth
    • P28 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Natural Resources; Environment
    • Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics

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