Dynamic relationship between resource endowment, financial agglomeration, innovation-driven, and green total factor productivity.

Autor: Li, Xiangxue1 (AUTHOR), Li, Xingwei1,2 (AUTHOR) xwl@sicau.edu.cn, Zhu, Xiaowen2,3 (AUTHOR), Huang, Yicheng1 (AUTHOR), Liu, Xiang1 (AUTHOR), Deng, Wendan1 (AUTHOR)
Předmět:
Zdroj: Energy & Environment. Aug2024, Vol. 35 Issue 5, p2657-2677. 21p.
Abstrakt: As conflicts between emissions reductions and economic growth intensify, an increasing number of countries and regions are focusing on green total factor productivity (GTFP). Financial agglomeration (QWS), resource endowment (SE), and innovation-driven (ID) are the main factors that cause regional differences in GTFP. However, few scholars have comprehensively considered the impact of the interaction between SE, ID, and QWS on GTFP. This article uses the Global Malmquist-Luenberger (GML) index to calculate the GTFP of 30 Chinese provinces from 2003 to 2020 and constructs a dynamic panel model to present the first comprehensive study of the interactions between SE, ID, and QWS and their relationship with GTFP. The conclusions are as follows. (1) SE is positively correlated with GTFP, which is different from the "resource curse" theory proposed by existing research. (2) There is a crowding-out effect between SE and ID, and their interaction will restrain the growth of GTFP. (3) QWS promotes ID, and the interaction between the two promotes the growth of GTFP. (4) There is a restraining effect between QWS and SE, and their interaction will hinder the growth of GTFP. (5) The key policy directions to improve China's GTFP are to undertake strategic planning from a comprehensive perspective, including encouraging innovation, guiding financial development reasonably, and avoiding excessive consumption of resources. [ABSTRACT FROM AUTHOR]
Databáze: GreenFILE