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Polluting industries: Does green industrial policy encourage green innovation? Chinese perspective evidence

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Title: Polluting industries: Does green industrial policy encourage green innovation? Chinese perspective evidence
Authors: Huiyu Yang, Muhammad Umair
Source: Heliyon, Vol 10, Iss 17, Pp e36634- (2024)
Publisher Information: Elsevier, 2024.
Publication Year: 2024
Collection: LCC:Science (General)
LCC:Social sciences (General)
Subject Terms: China, Green innovation, Polluting industries, Ordinary least square (OLS) regression, Science (General), Q1-390, Social sciences (General), H1-99
More Details: This study investigates the efficacy of green industrial policies in stimulating green innovation within China's polluting industries, over the period 2011–2022. Focusing on 30 provinces, we assess the dynamic relationship between green industrial policy implementation and innovation in environmentally detrimental sectors. Employing Difference-in-Differences (DID) and Propensity Score Matching DID (PSM-DID) models, we analyze comprehensive provincial-level data to quantify the impact of policy measures on green technological advancements. The results reveal a significant positive correlation between green industrial policies and the rate of green innovation, particularly in regions with higher pollution levels. These findings suggest that well-structured green industrial policies can serve as effective catalysts for fostering sustainable technological innovations in polluting industries. Policy implications highlight the necessity of targeted, region-specific approaches to maximize the potential of green industrial policies in promoting environmental sustainability and economic growth.
Document Type: article
File Description: electronic resource
Language: English
ISSN: 2405-8440
Relation: http://www.sciencedirect.com/science/article/pii/S2405844024126655; https://doaj.org/toc/2405-8440
DOI: 10.1016/j.heliyon.2024.e36634
Access URL: https://doaj.org/article/c203f96f823849d5940ea26713a516c9
Accession Number: edsdoj.203f96f823849d5940ea26713a516c9
Database: Directory of Open Access Journals
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  Data: Polluting industries: Does green industrial policy encourage green innovation? Chinese perspective evidence
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  Data: <searchLink fieldCode="AR" term="%22Huiyu+Yang%22">Huiyu Yang</searchLink><br /><searchLink fieldCode="AR" term="%22Muhammad+Umair%22">Muhammad Umair</searchLink>
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  Data: Heliyon, Vol 10, Iss 17, Pp e36634- (2024)
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  Data: Elsevier, 2024.
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  Label: Description
  Group: Ab
  Data: This study investigates the efficacy of green industrial policies in stimulating green innovation within China's polluting industries, over the period 2011–2022. Focusing on 30 provinces, we assess the dynamic relationship between green industrial policy implementation and innovation in environmentally detrimental sectors. Employing Difference-in-Differences (DID) and Propensity Score Matching DID (PSM-DID) models, we analyze comprehensive provincial-level data to quantify the impact of policy measures on green technological advancements. The results reveal a significant positive correlation between green industrial policies and the rate of green innovation, particularly in regions with higher pollution levels. These findings suggest that well-structured green industrial policies can serve as effective catalysts for fostering sustainable technological innovations in polluting industries. Policy implications highlight the necessity of targeted, region-specific approaches to maximize the potential of green industrial policies in promoting environmental sustainability and economic growth.
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      – Text: English
    Subjects:
      – SubjectFull: China
        Type: general
      – SubjectFull: Green innovation
        Type: general
      – SubjectFull: Polluting industries
        Type: general
      – SubjectFull: Ordinary least square (OLS) regression
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      – SubjectFull: Q1-390
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