Towards sustainable development in China: How do green technology innovation and resource misallocation affect carbon emission performance?

Green technology innovation is an effective way through which to achieve carbon neutrality and sustainable development. Based on provincial panel data of 30 provinces in China from 2005 to 2018, this work examines the tripartite relationship among green technology innovation, resource misallocation,...

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Main Authors: Mingyue Du, Qingjie Zhou, Yunlai Zhang, Feifei Li
Format: Article
Language:English
Published: Frontiers Media S.A. 2022-07-01
Series:Frontiers in Psychology
Subjects:
Online Access:https://www.frontiersin.org/articles/10.3389/fpsyg.2022.929125/full
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author Mingyue Du
Qingjie Zhou
Qingjie Zhou
Yunlai Zhang
Feifei Li
author_facet Mingyue Du
Qingjie Zhou
Qingjie Zhou
Yunlai Zhang
Feifei Li
author_sort Mingyue Du
collection DOAJ
description Green technology innovation is an effective way through which to achieve carbon neutrality and sustainable development. Based on provincial panel data of 30 provinces in China from 2005 to 2018, this work examines the tripartite relationship among green technology innovation, resource misallocation, and carbon emission performance by constructing panel regression models and a dynamic threshold panel model. The research results show that green technology innovation significantly improves carbon emission performance. Further analysis shows that both capital and labour misallocation have a negative impact on carbon emission performance and hinder the contribution of green technology innovation to the improvement of carbon emission performance. The regression results show that there is a threshold effect of green technology innovation on carbon emission performance: as the degree of resource misallocation increases, the positive impact of green technology innovation on carbon emission performance gradually decreases. This study provides an important reference for policy-makers in implementing policies to improve carbon emission performance. Policy-makers should continue to promote the level of green technology innovation and improve the efficiency of labour and capital allocation.
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spelling doaj.art-3569403838ee4d2dad49ac463ed87f1b2022-12-22T03:00:23ZengFrontiers Media S.A.Frontiers in Psychology1664-10782022-07-011310.3389/fpsyg.2022.929125929125Towards sustainable development in China: How do green technology innovation and resource misallocation affect carbon emission performance?Mingyue Du0Qingjie Zhou1Qingjie Zhou2Yunlai Zhang3Feifei Li4School of Economics, Beijing Technology and Business University, Beijing, ChinaSchool of Economics, Beijing Technology and Business University, Beijing, ChinaInstitute of New Commercial Economy, Beijing Technology and Business University, Beijing, ChinaSchool of International Economics and Management, Beijing Technology and Business University, Beijing, ChinaSchool of Economics, Beijing Technology and Business University, Beijing, ChinaGreen technology innovation is an effective way through which to achieve carbon neutrality and sustainable development. Based on provincial panel data of 30 provinces in China from 2005 to 2018, this work examines the tripartite relationship among green technology innovation, resource misallocation, and carbon emission performance by constructing panel regression models and a dynamic threshold panel model. The research results show that green technology innovation significantly improves carbon emission performance. Further analysis shows that both capital and labour misallocation have a negative impact on carbon emission performance and hinder the contribution of green technology innovation to the improvement of carbon emission performance. The regression results show that there is a threshold effect of green technology innovation on carbon emission performance: as the degree of resource misallocation increases, the positive impact of green technology innovation on carbon emission performance gradually decreases. This study provides an important reference for policy-makers in implementing policies to improve carbon emission performance. Policy-makers should continue to promote the level of green technology innovation and improve the efficiency of labour and capital allocation.https://www.frontiersin.org/articles/10.3389/fpsyg.2022.929125/fullgreen technology innovationcarbon emission performanceChinacapital misallocationlabour misallocation
spellingShingle Mingyue Du
Qingjie Zhou
Qingjie Zhou
Yunlai Zhang
Feifei Li
Towards sustainable development in China: How do green technology innovation and resource misallocation affect carbon emission performance?
Frontiers in Psychology
green technology innovation
carbon emission performance
China
capital misallocation
labour misallocation
title Towards sustainable development in China: How do green technology innovation and resource misallocation affect carbon emission performance?
title_full Towards sustainable development in China: How do green technology innovation and resource misallocation affect carbon emission performance?
title_fullStr Towards sustainable development in China: How do green technology innovation and resource misallocation affect carbon emission performance?
title_full_unstemmed Towards sustainable development in China: How do green technology innovation and resource misallocation affect carbon emission performance?
title_short Towards sustainable development in China: How do green technology innovation and resource misallocation affect carbon emission performance?
title_sort towards sustainable development in china how do green technology innovation and resource misallocation affect carbon emission performance
topic green technology innovation
carbon emission performance
China
capital misallocation
labour misallocation
url https://www.frontiersin.org/articles/10.3389/fpsyg.2022.929125/full
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AT qingjiezhou towardssustainabledevelopmentinchinahowdogreentechnologyinnovationandresourcemisallocationaffectcarbonemissionperformance
AT qingjiezhou towardssustainabledevelopmentinchinahowdogreentechnologyinnovationandresourcemisallocationaffectcarbonemissionperformance
AT yunlaizhang towardssustainabledevelopmentinchinahowdogreentechnologyinnovationandresourcemisallocationaffectcarbonemissionperformance
AT feifeili towardssustainabledevelopmentinchinahowdogreentechnologyinnovationandresourcemisallocationaffectcarbonemissionperformance