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The co-integration identification of green innovation efficiency in Yangtze River Delta region

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  • Zeng, Juying
  • Škare, Marinko
  • Lafont, Juan

Abstract

The research innovatively identifies the co-integration of green innovation efficiency and its related determinants for 26 cities in Yangtze River Delta region (YRD) in China during 2011–2017. Specifically, the research firstly measures the green innovation efficiency with super slacks based measure and global Malmquist-Luenberger index. The regional green innovation efficiency experienced a steady growth in YRD during 2011–2017, showing YRD is an ecologically pioneer in China. Secondly, the spatial econometric estimation validated that the green innovation efficiency among YRD cities finally realized regional co-integration in 2017 with spatial evolution. Finally, the expenditures on technology and education are positive determinants of green innovation efficiency in a city directly. GDP per capita is the positive determinant for co-integration of green innovation efficiency; while foreign direct investment, the proportion of expenditure on technology, and education proportion in local fiscal budget are negative determinants for co-integration of green innovation efficiency in YRD.

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  • Zeng, Juying & Škare, Marinko & Lafont, Juan, 2021. "The co-integration identification of green innovation efficiency in Yangtze River Delta region," Journal of Business Research, Elsevier, vol. 134(C), pages 252-262.
    • Handle: RePEc:eee:jbrese:v:134:y:2021:i:c:p:252-262
    DOI: 10.1016/j.jbusres.2021.04.023
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    18. Liang Liu & Yuting Zhao & Xiujuan Gong & Shu Liu & Mengyue Li & Yirui Yang & Pan Jiang, 2023. "Threshold Effect of Environmental Regulation and Green Innovation Efficiency: From the Perspective of Chinese Fiscal Decentralization and Environmental Protection Inputs," IJERPH, MDPI, vol. 20(5), pages 1-17, February.
    19. Yiding Wu & Jingfei Song, 2024. "Impact of New Energy Industry Agglomeration on Green Innovation Efficiency—Based on the Regulative Effect of Green Finance," Sustainability, MDPI, vol. 16(8), pages 1-19, April.
    20. Lu Wang & Wenzhong Ye & Lingming Chen, 2021. "Research on Green Innovation of the Great Changsha-Zhuzhou-Xiangtan City Group Based on Network," Land, MDPI, vol. 10(11), pages 1-15, November.
    21. Yin, Lei & Du, Shanxing & Chen, Ge, 2024. "The influence of the bank–firm relationship on enterprises’ technological innovation efficiency: Evidence from China," International Review of Economics & Finance, Elsevier, vol. 89(PA), pages 1583-1600.
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    24. Weisong Mi & Kaixu Zhao & Pei Zhang, 2022. "Spatio-Temporal Evolution and Driving Mechanism of Green Innovation in China," Sustainability, MDPI, vol. 14(9), pages 1-27, April.
    25. Jiang, Zihao & Liu, Zhiying, 2022. "Policies and exploitative and exploratory innovations of the wind power industry in China: The role of technological path dependence," Technological Forecasting and Social Change, Elsevier, vol. 177(C).

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