IDEAS home Printed from https://ideas.repec.org/a/gam/jijerp/v19y2022i16p10245-d891132.html
   My bibliography  Save this article

Impact of Green Innovation Efficiency on Carbon Peak: Carbon Neutralization under Environmental Governance Constraints

Author

Listed:
  • Meng Guo

    (School of Economics and Management, Anhui Polytechnic University, Wuhu 241000, China)

  • Shukai Cai

    (School of Economics and Management, Anhui Polytechnic University, Wuhu 241000, China)

Abstract

Under environmental governance constraints, in order to explore the quantitative contribution of green innovation efficiency to carbon peak and carbon neutralization at the urban level, this paper uses the unexpected Super-SBM model to measure the green innovation efficiency of each prefecture-level city based on the panel data of 40 prefecture-level cities in the Yangtze River Delta from 2010 to 2019. Furthermore, the panel fixed effect model is constructed, and the two-stage least squares estimation method is used for empirical research. It is found that green innovation efficiency can significantly reduce carbon emissions in the Yangtze River Delta, promote carbon emissions in the Yangtze River Delta to reach an early peak, and achieve the long-term goal of carbon neutrality as soon as possible. This conclusion is still stable after solving the endogenous problem and the influence of outliers. The results of regional heterogeneity analysis show that green innovation efficiency has remarkable effects on carbon emission reduction in Anhui and Zhejiang Provinces, and the emission reduction effect in Zhejiang Province is greater than that in Anhui Province. In addition, there exists obvious heterogeneity between different quantiles for the impact of green innovation efficiency on carbon emissions, showing an “inverted U” shape, and its intensity in the context of medium carbon emissions is greater than that of low carbon and high carbon emissions.

Suggested Citation

  • Meng Guo & Shukai Cai, 2022. "Impact of Green Innovation Efficiency on Carbon Peak: Carbon Neutralization under Environmental Governance Constraints," IJERPH, MDPI, vol. 19(16), pages 1-18, August.
    • Handle: RePEc:gam:jijerp:v:19:y:2022:i:16:p:10245-:d:891132
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1660-4601/19/16/10245/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/1660-4601/19/16/10245/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Fang, Kai & Tang, Yiqi & Zhang, Qifeng & Song, Junnian & Wen, Qi & Sun, Huaping & Ji, Chenyang & Xu, Anqi, 2019. "Will China peak its energy-related carbon emissions by 2030? Lessons from 30 Chinese provinces," Applied Energy, Elsevier, vol. 255(C).
    2. Baek, Jungho, 2015. "Environmental Kuznets curve for CO2 emissions: The case of Arctic countries," Energy Economics, Elsevier, vol. 50(C), pages 13-17.
    3. Veronika Eyring & Peter M. Cox & Gregory M. Flato & Peter J. Gleckler & Gab Abramowitz & Peter Caldwell & William D. Collins & Bettina K. Gier & Alex D. Hall & Forrest M. Hoffman & George C. Hurtt & A, 2019. "Taking climate model evaluation to the next level," Nature Climate Change, Nature, vol. 9(2), pages 102-110, February.
    4. Shrestha, Ram M. & Rajbhandari, Salony, 2010. "Energy and environmental implications of carbon emission reduction targets: Case of Kathmandu Valley, Nepal," Energy Policy, Elsevier, vol. 38(9), pages 4818-4827, September.
    5. Jun-liang Du & Yong Liu & Wei-xue Diao, 2019. "Assessing Regional Differences in Green Innovation Efficiency of Industrial Enterprises in China," IJERPH, MDPI, vol. 16(6), pages 1-23, March.
    6. Galeotti, Marzio & Salini, Silvia & Verdolini, Elena, 2020. "Measuring environmental policy stringency: Approaches, validity, and impact on environmental innovation and energy efficiency," Energy Policy, Elsevier, vol. 136(C).
    7. Singh, Sanjay Kumar & Giudice, Manlio Del & Chierici, Roberto & Graziano, Domenico, 2020. "Green innovation and environmental performance: The role of green transformational leadership and green human resource management," Technological Forecasting and Social Change, Elsevier, vol. 150(C).
    8. Román-Collado, Rocío & Cansino, José M. & Botia, Camilo, 2018. "How far is Colombia from decoupling? Two-level decomposition analysis of energy consumption changes," Energy, Elsevier, vol. 148(C), pages 687-700.
    9. Uzlu, Ergun & Kankal, Murat & Akpınar, Adem & Dede, Tayfun, 2014. "Estimates of energy consumption in Turkey using neural networks with the teaching–learning-based optimization algorithm," Energy, Elsevier, vol. 75(C), pages 295-303.
    10. Jeremy Martinich & Allison Crimmins, 2019. "Climate damages and adaptation potential across diverse sectors of the United States," Nature Climate Change, Nature, vol. 9(5), pages 397-404, May.
    11. Jeong, Kyonghwa & Kim, Suyi, 2013. "LMDI decomposition analysis of greenhouse gas emissions in the Korean manufacturing sector," Energy Policy, Elsevier, vol. 62(C), pages 1245-1253.
    Full references (including those not matched with items on IDEAS)

    Citations

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


    Cited by:

    1. Yifei Niu & Xi Wang & Ciyun Lin, 2022. "A Study on the Impact of Organizing Environmental Awareness and Education on the Performance of Environmental Governance in China," IJERPH, MDPI, vol. 19(19), pages 1-14, October.
    2. Tao Li & Lei Ma & Zheng Liu & Chaonan Yi & Kaitong Liang, 2023. "Dual Carbon Goal-Based Quadrilateral Evolutionary Game: Study on the New Energy Vehicle Industry in China," IJERPH, MDPI, vol. 20(4), pages 1-16, February.
    3. Xuebin Ma & Junfeng Li & Yucheng Ren & Reaihan E & Qiugang Wang & Jie Li & Sihui Huang & Mingguo Ma, 2022. "Performance and Economic Analysis of the Multi-Energy Complementary Heating System under Different Control Strategies in Cold Regions," Energies, MDPI, vol. 15(21), pages 1-17, November.
    4. Jianglin Lu & Keqiang Wang & Hongmei Liu, 2023. "How Do Institutional Arrangements Affect Corporate Social Mobility? Evidence from Construction Land Reduction," Sustainability, MDPI, vol. 15(23), pages 1-25, November.

    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. Zhang, Boling & Wang, Qian & Wang, Sixia & Tong, Ruipeng, 2023. "Coal power demand and paths to peak carbon emissions in China: A provincial scenario analysis oriented by CO2-related health co-benefits," Energy, Elsevier, vol. 282(C).
    2. Yu Zhang & Xiaojiao Zou & Caifen Xu & Qingshan Yang, 2018. "Decoupling Greenhouse Gas Emissions from Crop Production: A Case Study in the Heilongjiang Land Reclamation Area, China," Energies, MDPI, vol. 11(6), pages 1-13, June.
    3. Hao Zhang & Xin Sun & Kailong Dong & Lianghui Sui & Min Wang & Qiong Hong, 2022. "Green Innovation in Regional Logistics: Level Evaluation and Spatial Analysis," IJERPH, MDPI, vol. 20(1), pages 1-20, December.
    4. Fang, Kai & Li, Chenglin & Tang, Yiqi & He, Jianjian & Song, Junnian, 2022. "China’s pathways to peak carbon emissions: New insights from various industrial sectors," Applied Energy, Elsevier, vol. 306(PA).
    5. Shi, Changfeng & Zhi, Jiaqi & Yao, Xiao & Zhang, Hong & Yu, Yue & Zeng, Qingshun & Li, Luji & Zhang, Yuxi, 2023. "How can China achieve the 2030 carbon peak goal—a crossover analysis based on low-carbon economics and deep learning," Energy, Elsevier, vol. 269(C).
    6. Giedrė Lapinskienė & Kęstutis Peleckis & Neringa Slavinskaitė, 2017. "Energy consumption, economic growth and greenhouse gas emissions in the European Union countries," Journal of Business Economics and Management, Taylor & Francis Journals, vol. 18(6), pages 1082-1097, November.
    7. Yue, Shen & Munir, Irfan Ullah & Hyder, Shabir & Nassani, Abdelmohsen A. & Qazi Abro, Muhammad Moinuddin & Zaman, Khalid, 2020. "Sustainable food production, forest biodiversity and mineral pricing: Interconnected global issues," Resources Policy, Elsevier, vol. 65(C).
    8. Serdar Çop & Victor Oluwafemi Olorunsola & Uju Violet Alola, 2021. "Achieving environmental sustainability through green transformational leadership policy: Can green team resilience help?," Business Strategy and the Environment, Wiley Blackwell, vol. 30(1), pages 671-682, January.
    9. Nosheena Yasir & Nasir Mahmood & Hafiz Shakir Mehmood & Osama Rashid & An Liren, 2021. "The Integrated Role of Personal Values and Theory of Planned Behavior to Form a Sustainable Entrepreneurial Intention," Sustainability, MDPI, vol. 13(16), pages 1-21, August.
    10. Jidapa Ungwanitban1 & Tabish Nawab & Syed Moin-ud-Din Shah, 2020. "An Application of Quadratic EKC model: Energy Use, Economic Development, and Environmental Quality for Thailand," iRASD Journal of Energy and Environment, International Research Association for Sustainable Development (iRASD), vol. 1(2), pages 108-118, December.
    11. Badunenko, Oleg & Galeotti, Marzio & Hunt, Lester C., 2021. "Better to grow or better to improve? Measuring environmental efficiency in OECD countries with a Stochastic Environmental Kuznets Frontier," FEEM Working Papers 316226, Fondazione Eni Enrico Mattei (FEEM).
    12. Yu‐Shan Chen & Xin Yan, 2022. "The small and medium enterprises' green human resource management and green transformational leadership: A sustainable moderated‐mediation practice," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 29(5), pages 1341-1356, September.
    13. Yousaf, Umair Bin & Ullah, Irfan & Jiang, Junchen & Wang, Man, 2022. "The role of board capital in driving green innovation: Evidence from China," Journal of Behavioral and Experimental Finance, Elsevier, vol. 35(C).
    14. Trotta, Gianluca, 2020. "Assessing energy efficiency improvements and related energy security and climate benefits in Finland: An ex post multi-sectoral decomposition analysis," Energy Economics, Elsevier, vol. 86(C).
    15. Abu Elnasr E. Sobaih & Ahmed Hasanein & Ibrahim Elshaer, 2020. "Influences of Green Human Resources Management on Environmental Performance in Small Lodging Enterprises: The Role of Green Innovation," Sustainability, MDPI, vol. 12(24), pages 1-19, December.
    16. Rubio-Andrés, Mercedes & Ramos-González, Mª del Mar & Sastre-Castillo, Miguel Ángel & Gutiérrez-Broncano, Santiago, 2023. "Stakeholder pressure and innovation capacity of SMEs in the COVID-19 pandemic: Mediating and multigroup analysis," Technological Forecasting and Social Change, Elsevier, vol. 190(C).
    17. Dong, Kangyin & Dong, Xiucheng & Jiang, Qingzhe & Zhao, Jun, 2021. "Assessing energy resilience and its greenhouse effect: A global perspective," Energy Economics, Elsevier, vol. 104(C).
    18. Wang, Miao & Feng, Chao, 2017. "Analysis of energy-related CO2 emissions in China’s mining industry: Evidence and policy implications," Resources Policy, Elsevier, vol. 53(C), pages 77-87.
    19. Felix Nutakor & Sylvestre Bizumuremyi & Jinke Li & Wei Liu, 2020. "Does the Environmental Kuznets Curve for CO 2 Emissions Exist for Rwanda? Evidence from Bootstrapped Rolling-Window Granger Causality Test," Sustainability, MDPI, vol. 12(20), pages 1-11, October.
    20. Farzana Riva & Solon Magrizos & Mohammad Rabiul Basher Rubel, 2021. "Investigating the link between managers' green knowledge and leadership style, and their firms' environmental performance: The mediation role of green creativity," Business Strategy and the Environment, Wiley Blackwell, vol. 30(7), pages 3228-3240, November.

    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:gam:jijerp:v:19:y:2022:i:16:p:10245-:d:891132. 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: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    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.