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Impact of Low-Carbon City Construction Policy on Green Innovation Performance in China

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  • Chun He
  • Yun-Peng Wang
  • Kai Tang

Abstract

This research constructs a double difference model to test the impact of LCCP on green innovation by using urban panel data of 276 cities in China from 2005 to 2019. Findings show that LCCP effectively improves the level of green innovation performance, and the conclusion is robust. Its effect is more obvious in cities with high scientific and educational levels as well as big cities or eastern cities of the country. LCCP enhances the performance of urban green innovation by driving technological innovation, upgrading the industrial structure, and optimizing urban public services. This research is significant for realizing high-quality economic development.

Suggested Citation

  • Chun He & Yun-Peng Wang & Kai Tang, 2023. "Impact of Low-Carbon City Construction Policy on Green Innovation Performance in China," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 59(1), pages 15-26, January.
  • Handle: RePEc:mes:emfitr:v:59:y:2023:i:1:p:15-26
    DOI: 10.1080/1540496X.2022.2089019
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    Cited by:

    1. Margarida Rodrigues & Mário Franco, 2023. "Green Innovation in Small and Medium-Sized Enterprises (SMEs): A Qualitative Approach," Sustainability, MDPI, vol. 15(5), pages 1-12, March.
    2. Xingneng Xia & Xuezhao Chen & Qinqin Chen, 2024. "Evaluating the Impact of Low-Carbon Urban Policy on Corporate Green Innovation—Evidence from China’s National Low-Carbon City Strategy Program," Sustainability, MDPI, vol. 16(10), pages 1-26, May.
    3. Ying Li & Changgeng Zhu, 2023. "The Impact of Carbon Emissions Trading on the High Quality Development of Manufacturing Industry - The Evidence from China," Climate Economics and Finance, Anser Press, vol. 1(1), pages 29-44, November.
    4. Zhang, Xiaoding & Niu, Yiran & Si, Deng-kui & Xiao, Zumian, 2024. "Regulatory greening: The impact of environmental legislation on corporate green innovation," Economic Analysis and Policy, Elsevier, vol. 82(C), pages 359-376.
    5. Mengting Zhou & Jingran Yang & Xuanwei Ning & Chengliang Wu & Yang Zhang, 2024. "Analysis of the Characteristics and Driving Mechanisms of Carbon Emission Decoupling in the Hu-Bao-O-Yu City Cluster under the “Double Carbon” Target," Sustainability, MDPI, vol. 16(17), pages 1-18, August.

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