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Study on the Emission Reduction Effect of Green Technology Innovation

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  • Yifan Wu
  • Shihong Zeng
  • Zhen Zhong

Abstract

Green technology innovation is one of the important ways to achieve carbon emission reduction targets. Based on the STIRPAT (Stochastic Impacts by Regression on Population, Affluence and Technology) model and the fixed-effects model, we measured CO2 emissions by region using regional panel data from 2005 to 2021 at provincial level in China and explored the CO2 emission reduction effect. Based on this, we analyzed heterogeneity of green technology innovation and the mechanism of the effect. The results show that green technology innovation has a significant effect on carbon emission reduction, achieving a 5% reduction. Second the CO2 emission reduction effect of green technology innovation varies according to differences in economic, scientific and technological human resources, and environmental management inputs. It shows that green technology innovation has a significant CO2 emission reduction effect in economically developed regions, regions with sufficient scientific and technological human resources, and regions with high environmental management inputs. Third, green technology innovation mainly achieves CO2 emission reduction by improving the level of cleanliness. Â JEL classification numbers: P28, O14, O15, O18.

Suggested Citation

  • Yifan Wu & Shihong Zeng & Zhen Zhong, 2023. "Study on the Emission Reduction Effect of Green Technology Innovation," Advances in Management and Applied Economics, SCIENPRESS Ltd, vol. 13(6), pages 1-14.
    • Handle: RePEc:spt:admaec:v:13:y:2023:i:6:f:13_6_14
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    References listed on IDEAS

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    More about this item

    Keywords

    Green technology; Carbon emissions; STIRPAT model; Means to reduce emissions.;
    All these keywords.

    JEL classification:

    • P28 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Natural Resources; Environment
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure

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