IDEAS home Printed from https://ideas.repec.org/a/eee/tefoso/v192y2023ics0040162523002159.html
   My bibliography  Save this article

Policy complementary or policy crowding-out? Effects of cross-instrumental policy mix on green innovation in China

Author

Listed:
  • Zhang, Pan
  • Zhou, Danping
  • Guo, Junhua

Abstract

Stimulating innovation and encouraging green development require different policy instruments, implying that an effective combination of these instruments is critical for achieving green innovation. The paper evaluates the combined impact of innovation and environmental policies. Taking the combination of China's Innovative City Pilot (ICP) and Low-carbon City Pilot (LCP) policies as an example, it investigates whether their impact on green innovation is complementary. Results show that the ICP and LCP policies can promote urban green innovation, with a net impact of about 12 % and 7 %, respectively. However, the two policies can also crowd each other out, as the ICP policy may substitute for the effect of the LCP policy. Furthermore, this crowding-out effect is more prominent in cities with low administrative levels, of Class I size, and without high-speed rail. The empirical evidence indicates that this cross-instrumental mix fails to produce the desirable policy complementarity and suggests that policymakers looking to support green innovation should carefully coordinate their implementation of environmental and innovation policies.

Suggested Citation

  • Zhang, Pan & Zhou, Danping & Guo, Junhua, 2023. "Policy complementary or policy crowding-out? Effects of cross-instrumental policy mix on green innovation in China," Technological Forecasting and Social Change, Elsevier, vol. 192(C).
    • Handle: RePEc:eee:tefoso:v:192:y:2023:i:c:s0040162523002159
    DOI: 10.1016/j.techfore.2023.122530
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0040162523002159
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.techfore.2023.122530?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.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Zhang, Kun & Zhu, Pei-Hua & Qian, Xiang-Yan, 2024. "National information consumption demonstration city construction and urban green development: A quasi-experiment from Chinese cities," Energy Economics, Elsevier, vol. 130(C).
    2. Xu, Xiaoying & Jin, Mei & Gong, Xinshu, 2024. "Local environmental goal constraint intensity and corporate ESG performance: An empirical observation based on China," Finance Research Letters, Elsevier, vol. 62(PB).
    3. Yihang Zhao & Yuanyuan Zhang & Shengyu Wang, 2024. "Can a Policy Mix Achieve a Collaborative Effect? Exploring the Nested Implementation Process of Urban Carbon Emission Reduction Policies," Sustainability, MDPI, vol. 16(15), pages 1-19, July.
    4. Hu, Xing & Yu, Shiwei & Fang, Xu & Ovaere, Marten, 2023. "Which combinations of renewable energy policies work better? Insights from policy text synergies in China," Energy Economics, Elsevier, vol. 127(PA).
    5. Li, Ruiqian & Ramanathan, Ramakrishnan, 2024. "The interactive effect of environmental penalties and environmental subsidies on corporate environmental innovation: Is more better or worse?," Technological Forecasting and Social Change, Elsevier, vol. 200(C).
    6. Zhang, Shouguo & Zhang, Jianjun & Sha, Anmeng & Zhang, Yaping & Zhang, Di, 2023. "How to recognize the role of policy clusters in built-up land intensity: An empirical case of the Yangtze River Economic Belt of China," Land Use Policy, Elsevier, vol. 134(C).

    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:tefoso:v:192:y:2023:i:c:s0040162523002159. 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.

    We have no bibliographic references for this item. You can help adding them by using 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.sciencedirect.com/science/journal/00401625 .

    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.