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Using data of 265 Chinese cities from 2010 to 2017, we studied the impact of access to digital financial services on green technology advances in the context of regional competition. We found that access to digital financial services significantly promotes green technology advances within the region but inhibits those in other regions. We also found that modest regional competition can promote green technology advances, whereas excessive competition impairs the positive relationship between access to digital financial services and green technology advances. We identified a significantly positive spatial spillover effect for green technology advances.
Zhangsheng Liu; Xiaolu Zhang; Liuqingqing Yang; Yinjie Shen. Access to Digital Financial Services and Green Technology Advances: Regional Evidence from China. Sustainability 2021, 13, 4927 .
AMA StyleZhangsheng Liu, Xiaolu Zhang, Liuqingqing Yang, Yinjie Shen. Access to Digital Financial Services and Green Technology Advances: Regional Evidence from China. Sustainability. 2021; 13 (9):4927.
Chicago/Turabian StyleZhangsheng Liu; Xiaolu Zhang; Liuqingqing Yang; Yinjie Shen. 2021. "Access to Digital Financial Services and Green Technology Advances: Regional Evidence from China." Sustainability 13, no. 9: 4927.
With increasing constraints on resources and the environment, it is of great practical importance to discover and utilize the induced effect of green technology through market-based tools, in order to simultaneously realize economic development and ecological sustainability. Based on unique patent data from 1999 to 2013, this paper examines the induced effect of China’s increasing-block electricity pricing scheme (IBP) on energy-efficient patents and checks whether the effect is neutral or biased. Furthermore, the quality of the induced patents is identified. The results reveal that increased green innovation is strongly related to the IBP scheme. In addition, the induced effect is biased towards green technology such that, apart from autonomous technological advances, the biased effect of IBP induced two more energy-efficient patents per hundred technological patents. However, the quality of the induced innovation is relatively low: compared to high-quality inventions, low-quality utility models showed greater and more significant growth due to the IBP. Our paper provides quantitative insight into the impact of the IBP and indicates that a reasonable pricing scheme can benefit both the environment and the economy.
Zhangsheng Liu; Liuqingqing Yang; Liqin Fan. Induced Effect of Environmental Regulation on Green Innovation: Evidence from the Increasing-Block Pricing Scheme. International Journal of Environmental Research and Public Health 2021, 18, 2620 .
AMA StyleZhangsheng Liu, Liuqingqing Yang, Liqin Fan. Induced Effect of Environmental Regulation on Green Innovation: Evidence from the Increasing-Block Pricing Scheme. International Journal of Environmental Research and Public Health. 2021; 18 (5):2620.
Chicago/Turabian StyleZhangsheng Liu; Liuqingqing Yang; Liqin Fan. 2021. "Induced Effect of Environmental Regulation on Green Innovation: Evidence from the Increasing-Block Pricing Scheme." International Journal of Environmental Research and Public Health 18, no. 5: 2620.