IDEAS home Printed from https://ideas.repec.org/a/eee/ecmode/v140y2024ics0264999324001998.html
   My bibliography  Save this article

Does intellectual property rights protection matter for low-carbon transition? The role of institutional incentives

Author

Listed:
  • Nie, Song

Abstract

Intellectual Property Rights Protection (IPRP) can affect knowledge dissemination and talent flow. However, few studies have examined its effect on regional low-carbon transition and the low-carbon economy. Using carbon emission efficiency (CEE) to measure China's low-carbon transition, we consider the “National Intellectual Property Rights Demonstration Cities” policy as a quasi-experiment and apply a staggered difference-in-differences model to examine IPRP's effect on CEE. We find that IPRP boosts CEE through green innovation and energy intensity and is stronger in coastal, eastern, resourced-based, and big cities. Finally, the significantly positive spillover impact of IPRP boosts CEE in adjacent cities. This study highlights the critical role of the institutional environment in driving low-carbon transitions, offering a foundational framework for developing countries to promote IPRP.

Suggested Citation

  • Nie, Song, 2024. "Does intellectual property rights protection matter for low-carbon transition? The role of institutional incentives," Economic Modelling, Elsevier, vol. 140(C).
    • Handle: RePEc:eee:ecmode:v:140:y:2024:i:c:s0264999324001998
    DOI: 10.1016/j.econmod.2024.106842
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0264999324001998
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.econmod.2024.106842?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
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Song, Xueyin & Huang, Xianhai & Qing, Tao, 2021. "Intellectual property rights protection and quality upgrading: Evidence from China," Economic Modelling, Elsevier, vol. 103(C).
    2. Robert J. Nicholls & Daniel Lincke & Jochen Hinkel & Sally Brown & Athanasios T. Vafeidis & Benoit Meyssignac & Susan E. Hanson & Jan-Ludolf Merkens & Jiayi Fang, 2021. "A global analysis of subsidence, relative sea-level change and coastal flood exposure," Nature Climate Change, Nature, vol. 11(4), pages 338-342, April.
    3. Zhang, Yue-Jun & Sun, Ya-Fang & Huang, Junling, 2018. "Energy efficiency, carbon emission performance, and technology gaps: Evidence from CDM project investment," Energy Policy, Elsevier, vol. 115(C), pages 119-130.
    4. Guo, Mengmeng & Wang, Huixin & Kuai, Yicheng, 2023. "Environmental regulation and green innovation: Evidence from heavily polluting firms in China," Finance Research Letters, Elsevier, vol. 53(C).
    5. Wang, Yun & Sun, Xiaohua & Guo, Xu, 2019. "Environmental regulation and green productivity growth: Empirical evidence on the Porter Hypothesis from OECD industrial sectors," Energy Policy, Elsevier, vol. 132(C), pages 611-619.
    6. Tarlok Singh, 2008. "Financial development and economic growth nexus: a time-series evidence from India," Applied Economics, Taylor & Francis Journals, vol. 40(12), pages 1615-1627.
    7. Zheng, Mingbo & Feng, Gen-Fu & Jang, Chyi-Lu & Chang, Chun-Ping, 2021. "Terrorism and green innovation in renewable energy," Energy Economics, Elsevier, vol. 104(C).
    8. Lily H. Fang & Josh Lerner & Chaopeng Wu, 2017. "Intellectual Property Rights Protection, Ownership, and Innovation: Evidence from China," The Review of Financial Studies, Society for Financial Studies, vol. 30(7), pages 2446-2477.
    9. Hua, Yue & Xie, Rui & Su, Yaqin, 2018. "Fiscal spending and air pollution in Chinese cities: Identifying composition and technique effects," China Economic Review, Elsevier, vol. 47(C), pages 156-169.
    10. Du, Kerui & Cheng, Yuanyuan & Yao, Xin, 2021. "Environmental regulation, green technology innovation, and industrial structure upgrading: The road to the green transformation of Chinese cities," Energy Economics, Elsevier, vol. 98(C).
    11. Ahmad, Fayyaz & Draz, Muhammad Umar & Chandio, Abbas Ali & Ahmad, Munir & Su, Lijuan & Shahzad, Farrukh & Jia, Mingqi, 2022. "Natural resources and environmental quality: Exploring the regional variations among Chinese provinces with a novel approach," Resources Policy, Elsevier, vol. 77(C).
    12. Wu, Haitao & Hao, Yu & Ren, Siyu, 2020. "How do environmental regulation and environmental decentralization affect green total factor energy efficiency: Evidence from China," Energy Economics, Elsevier, vol. 91(C).
    13. Eliana La Ferrara & Alberto Chong & Suzanne Duryea, 2012. "Soap Operas and Fertility: Evidence from Brazil," American Economic Journal: Applied Economics, American Economic Association, vol. 4(4), pages 1-31, October.
    14. Fang, Guochang & Gao, Zhengye & Tian, Lixin & Fu, Min, 2022. "What drives urban carbon emission efficiency? – Spatial analysis based on nighttime light data," Applied Energy, Elsevier, vol. 312(C).
    15. Yu, Yantuan & Zhang, Ning, 2021. "Low-carbon city pilot and carbon emission efficiency: Quasi-experimental evidence from China," Energy Economics, Elsevier, vol. 96(C).
    16. Thorsten Beck & Ross Levine & Alexey Levkov, 2010. "Big Bad Banks? The Winners and Losers from Bank Deregulation in the United States," Journal of Finance, American Finance Association, vol. 65(5), pages 1637-1667, October.
    17. lv, Kangjuan & Pan, Minjie & Huang, Li & Song, Daqiang & Qian, Xinlei, 2023. "Can intellectual property rights protection reduce air pollution? A quasi-natural experiment from China," Structural Change and Economic Dynamics, Elsevier, vol. 65(C), pages 210-222.
    18. Baker, Andrew C. & Larcker, David F. & Wang, Charles C.Y., 2022. "How much should we trust staggered difference-in-differences estimates?," Journal of Financial Economics, Elsevier, vol. 144(2), pages 370-395.
    19. Su, Zhongfeng & Wang, Chenfeng & Peng, Mike W., 2022. "Intellectual property rights protection and total factor productivity," International Business Review, Elsevier, vol. 31(3).
    20. Goodman-Bacon, Andrew, 2021. "Difference-in-differences with variation in treatment timing," Journal of Econometrics, Elsevier, vol. 225(2), pages 254-277.
    21. Mahapatra, Bamadev & Irfan, Mohd, 2021. "Asymmetric impacts of energy efficiency on carbon emissions: A comparative analysis between developed and developing economies," Energy, Elsevier, vol. 227(C).
    22. Callaway, Brantly & Sant’Anna, Pedro H.C., 2021. "Difference-in-Differences with multiple time periods," Journal of Econometrics, Elsevier, vol. 225(2), pages 200-230.
    23. Chen, Lifeng & Wang, Kaifeng, 2022. "The spatial spillover effect of low-carbon city pilot scheme on green efficiency in China's cities: Evidence from a quasi-natural experiment," Energy Economics, Elsevier, vol. 110(C).
    24. Long Qian & Xiaolin Xu & Yunjie Zhou & Ying Sun & Duoliang Ma, 2023. "Carbon Emission Reduction Effects of the Smart City Pilot Policy in China," Sustainability, MDPI, vol. 15(6), pages 1-24, March.
    25. Wang, Qingxi & Hu, An & Tian, Zhihua, 2022. "Digital transformation and electricity consumption: Evidence from the Broadband China pilot policy," Energy Economics, Elsevier, vol. 115(C).
    26. Zhao, Xin & Shang, Yuping & Song, Malin, 2020. "Industrial structure distortion and urban ecological efficiency from the perspective of green entrepreneurial ecosystems," Socio-Economic Planning Sciences, Elsevier, vol. 72(C).
    27. Jia, Ruining & Shao, Shuai & Yang, Lili, 2021. "High-speed rail and CO2 emissions in urban China: A spatial difference-in-differences approach," Energy Economics, Elsevier, vol. 99(C).
    28. Hao, Yu & Gai, Zhiqiang & Wu, Haitao, 2020. "How do resource misallocation and government corruption affect green total factor energy efficiency? Evidence from China," Energy Policy, Elsevier, vol. 143(C).
    29. Li, Pei & Lu, Yi & Wang, Jin, 2016. "Does flattening government improve economic performance? Evidence from China," Journal of Development Economics, Elsevier, vol. 123(C), pages 18-37.
    30. Zhao, Xin & Nakonieczny, Joanna & Jabeen, Fauzia & Shahzad, Umer & Jia, Wenxing, 2022. "Does green innovation induce green total factor productivity? Novel findings from Chinese city level data," Technological Forecasting and Social Change, Elsevier, vol. 185(C).
    31. Zhou, Tao & Huang, Xuhui & Zhang, Ning, 2023. "The effect of innovation pilot on carbon total factor productivity: Quasi-experimental evidence from China," Energy Economics, Elsevier, vol. 125(C).
    32. Damien Dussaux & Antoine Dechezleprêtre & Matthieu Glachant, 2017. "Intellectual property rights protection and the international transfer of low-carbon technologies," Working Papers hal-01693539, HAL.
    33. Yuhua Ma & Tong Lin & Qifang Xiao, 2022. "The Relationship between Environmental Regulation, Green-Technology Innovation and Green Total-Factor Productivity—Evidence from 279 Cities in China," IJERPH, MDPI, vol. 19(23), pages 1-22, December.
    34. Xu, Le & Fan, Meiting & Yang, Lili & Shao, Shuai, 2021. "Heterogeneous green innovations and carbon emission performance: Evidence at China's city level," Energy Economics, Elsevier, vol. 99(C).
    35. Gao, Yuning & Zhang, Meichen & Zheng, Jinghai, 2021. "Accounting and determinants analysis of China's provincial total factor productivity considering carbon emissions," China Economic Review, Elsevier, vol. 65(C).
    36. Yan, Zheming & Zou, Baoling & Du, Kerui & Li, Ke, 2020. "Do renewable energy technology innovations promote China's green productivity growth? Fresh evidence from partially linear functional-coefficient models," Energy Economics, Elsevier, vol. 90(C).
    37. Feng Dong & Chang Qin & Xiaoyun Zhang & Xu Zhao & Yuling Pan & Yujin Gao & Jiao Zhu & Yangfan Li, 2021. "Towards Carbon Neutrality: The Impact of Renewable Energy Development on Carbon Emission Efficiency," IJERPH, MDPI, vol. 18(24), pages 1-23, December.
    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. Zhou, Tao & Huang, Xuhui & Zhang, Ning, 2023. "The effect of innovation pilot on carbon total factor productivity: Quasi-experimental evidence from China," Energy Economics, Elsevier, vol. 125(C).
    2. Lee, Chi-Chuan & Lee, Chien-Chiang, 2022. "How does green finance affect green total factor productivity? Evidence from China," Energy Economics, Elsevier, vol. 107(C).
    3. Xufei Zhang & Hongsheng Fang & Lin Guo, 2023. "Corporate Endowment Insurance Fee Reduction and Employee Wages: Evidence from China," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 31(2), pages 192-222, March.
    4. Kai Hu & Dandan Li & Daqian Shi & Wenli Xu, 2023. "Environmental regulation and energy efficiency: evidence from daily penalty policy in China," Journal of Regulatory Economics, Springer, vol. 63(1), pages 1-29, April.
    5. Zhuo, Chengfeng & Xie, Yuping & Mao, Yanhua & Chen, Pengqin & Li, Yiqiao, 2022. "Can cross-regional environmental protection promote urban green development: Zero-sum game or win-win choice?," Energy Economics, Elsevier, vol. 106(C).
    6. Gao, Yihong & Gao, Jiayan, 2023. "Low-carbon transformation and corporate cash holdings," Finance Research Letters, Elsevier, vol. 54(C).
    7. Tang, Zhaopei & Wang, Liehui & Wu, Wei, 2023. "The impact of high-speed rail on urban carbon emissions: Evidence from the Yangtze River Delta," Journal of Transport Geography, Elsevier, vol. 110(C).
    8. Wang, Xue & Liu, Qingyuan, 2024. "Information disclosure and ESG rating disagreement: Evidence from green bond issuance in China," Pacific-Basin Finance Journal, Elsevier, vol. 85(C).
    9. Pan, Minjie & Zhao, Xin & lv, Kangjuan & Rosak-Szyrocka, Joanna & Mentel, Grzegorz & Truskolaski, Tadeusz, 2023. "Internet development and carbon emission-reduction in the era of digitalization: Where will resource-based cities go?," Resources Policy, Elsevier, vol. 81(C).
    10. Jia, Zhijie & Wen, Shiyan, 2024. "Interaction effects of market-based and incentive-driven low-carbon policies on carbon emissions," Energy Economics, Elsevier, vol. 137(C).
    11. Li, Rui & Fang, Debin & Xu, Jiajun, 2024. "Does China's carbon inclusion policy promote household carbon emissions reduction? Theoretical mechanisms and empirical evidence," Energy Economics, Elsevier, vol. 132(C).
    12. Ge, Shilong & Luo, Xiaodan & Li, Yuangang & Zheng, Lanxing, 2024. "The impact of green credit policy on total factor productivity of enterprises," International Review of Economics & Finance, Elsevier, vol. 95(C).
    13. Chen, Lifeng & Wang, Kaifeng, 2022. "The spatial spillover effect of low-carbon city pilot scheme on green efficiency in China's cities: Evidence from a quasi-natural experiment," Energy Economics, Elsevier, vol. 110(C).
    14. Zhiqiang Cai & Wenjie Zhang, 2024. "Quantitative evidence of the community of shared future for mankind as a driver of sustainable development in human society," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-16, December.
    15. Ma, Rui & Guo, Fei & Li, Dongdong, 2024. "Can public data availability affect stock price crash risk? Evidence from China," International Review of Financial Analysis, Elsevier, vol. 94(C).
    16. Wang, Zhen & Chu, Erming, 2024. "The path toward urban carbon neutrality: How does the low-carbon city pilot policy stimulate low-carbon technology?," Economic Analysis and Policy, Elsevier, vol. 82(C), pages 954-975.
    17. Li, Bo & Han, Yukai & Wang, Chensheng & Sun, Wei, 2022. "Did civilized city policy improve energy efficiency of resource-based cities? Prefecture-level evidence from China," Energy Policy, Elsevier, vol. 167(C).
    18. Dong, Siyuan & Wang, Na & Fan, Chengwei & Chen, Shi & Zhang, Lei, 2024. "E-commerce and rural women entrepreneurship ——Based on the quasi-natural experiment of “comprehensive demonstration policy” for E-commerce in rural areas," Economic Analysis and Policy, Elsevier, vol. 83(C), pages 749-765.
    19. Du, Zhili & Wang, Yao, 2022. "Does energy-saving and emission reduction policy affects carbon reduction performance? A quasi-experimental evidence in China," Applied Energy, Elsevier, vol. 324(C).
    20. Chen, Hongwen & Cheng, Ken & Zhang, Meiyang, 2023. "Does geographic proximity affect firms’ cross-regional development? Evidence from high-speed rail construction in China," Economic Modelling, Elsevier, vol. 126(C).

    More about this item

    Keywords

    Carbon emission efficiency; Intellectual property rights protection; Green innovation capacity; Energy intensity;
    All these keywords.

    JEL classification:

    • C5 - Mathematical and Quantitative Methods - - Econometric Modeling
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics
    • R5 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis

    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:eee:ecmode:v:140:y:2024:i:c:s0264999324001998. 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: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/30411 .

    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.