The Effect of Innovation Investment on Environmental Total Factor Productivity

Based on the panel data of 30 provinces (except Tibet) in China from 2012 to 2019, this paper uses the ML index method and spatial econometric model to evaluate the impact and spillover effect of innovation investment on environmental total factor productivity. The study found the following conclusi...

Full description

Saved in:
Bibliographic Details
Published in:Mathematical problems in engineering 2022-04, Vol.2022, p.1-13
Main Authors: Wu, You-Qun, Li, Jie, Ma, Jin-Chao
Format: Article
Language:English
Subjects:
Economic development
Efficiency
Energy consumption
Environmental impact
Environmental regulations
Five year plans
Growth rate
Impact analysis
Innovations
International financing
Production functions
Productivity
Social capital
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:Based on the panel data of 30 provinces (except Tibet) in China from 2012 to 2019, this paper uses the ML index method and spatial econometric model to evaluate the impact and spillover effect of innovation investment on environmental total factor productivity. The study found the following conclusions. (1) Environmental total factor productivity showed a fluctuating upward trend as a whole, and the driving force of environmental total factor productivity growth mainly came from technological progress. (2) There is global spatial correlation and positive spatial spillover effect in regional environmental total factor productivity. There is a certain spatial correlation in provincial environmental total factor productivity, and the improvement of environmental total factor productivity in this region will promote the improvement of environmental total factor productivity in surrounding areas. (3) Innovation investment, economic development, and foreign investment level play a significant role in promoting the improvement of environmental total factor productivity, and energy structure and human capital level have a negative impact on the improvement of environmental total factor productivity. (4) Innovation investment, economic development, human capital, and foreign investment have positive spillover effects on the improvement of environmental total factor productivity in the surrounding areas, while the energy structure shows negative spillover effects.
ISSN:1024-123X
1563-5147
DOI:10.1155/2022/3100174