Will China’s carbon-trading policy foster coordinated innovation in green technologies?
Accelerating green innovation is crucial for achieving high-quality development in China. Despite this importance, empirical evidence on the harmonization techniques in the context of carbon-trading policies has been remarkably thin. To address this gap, we employed the difference-in-difference (DID...
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
KeAi Communications Co. Ltd.
2024-12-01
|
| Series: | Data Science and Management |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2666764924000286 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1850099113918464000 |
|---|---|
| author | Jun Wang Simin Hao |
| author_facet | Jun Wang Simin Hao |
| author_sort | Jun Wang |
| collection | DOAJ |
| description | Accelerating green innovation is crucial for achieving high-quality development in China. Despite this importance, empirical evidence on the harmonization techniques in the context of carbon-trading policies has been remarkably thin. To address this gap, we employed the difference-in-difference (DID) and spatial difference-in-difference (S-DID) models using panel data from 2007 to 2017 for 30 Chinese provinces. Our findings reveal that the carbon-trading policy contributes significantly to the coordinated advancement of green technologies across Chinese provinces and exhibits a local siphoning effect. Specifically, the pilot areas of the policy have attracted talent from neighboring regions, which has fostered local cooperation and promoted coordinated innovation in green technologies within the region. |
| format | Article |
| id | doaj-art-2bb7be9b8dff416fade9a9baded0871d |
| institution | DOAJ |
| issn | 2666-7649 |
| language | English |
| publishDate | 2024-12-01 |
| publisher | KeAi Communications Co. Ltd. |
| record_format | Article |
| series | Data Science and Management |
| spelling | doaj-art-2bb7be9b8dff416fade9a9baded0871d2025-08-20T02:40:33ZengKeAi Communications Co. Ltd.Data Science and Management2666-76492024-12-017429330310.1016/j.dsm.2024.04.004Will China’s carbon-trading policy foster coordinated innovation in green technologies?Jun Wang0Simin Hao1School of Business, Hunan University of Science and Technology, Xiangtan, Hunan, 411201, ChinaCorresponding author.; School of Business, Hunan University of Science and Technology, Xiangtan, Hunan, 411201, ChinaAccelerating green innovation is crucial for achieving high-quality development in China. Despite this importance, empirical evidence on the harmonization techniques in the context of carbon-trading policies has been remarkably thin. To address this gap, we employed the difference-in-difference (DID) and spatial difference-in-difference (S-DID) models using panel data from 2007 to 2017 for 30 Chinese provinces. Our findings reveal that the carbon-trading policy contributes significantly to the coordinated advancement of green technologies across Chinese provinces and exhibits a local siphoning effect. Specifically, the pilot areas of the policy have attracted talent from neighboring regions, which has fostered local cooperation and promoted coordinated innovation in green technologies within the region.http://www.sciencedirect.com/science/article/pii/S2666764924000286Green-technology coordinated innovationCarbon-trading policyLocal siphon effect |
| spellingShingle | Jun Wang Simin Hao Will China’s carbon-trading policy foster coordinated innovation in green technologies? Data Science and Management Green-technology coordinated innovation Carbon-trading policy Local siphon effect |
| title | Will China’s carbon-trading policy foster coordinated innovation in green technologies? |
| title_full | Will China’s carbon-trading policy foster coordinated innovation in green technologies? |
| title_fullStr | Will China’s carbon-trading policy foster coordinated innovation in green technologies? |
| title_full_unstemmed | Will China’s carbon-trading policy foster coordinated innovation in green technologies? |
| title_short | Will China’s carbon-trading policy foster coordinated innovation in green technologies? |
| title_sort | will china s carbon trading policy foster coordinated innovation in green technologies |
| topic | Green-technology coordinated innovation Carbon-trading policy Local siphon effect |
| url | http://www.sciencedirect.com/science/article/pii/S2666764924000286 |
| work_keys_str_mv | AT junwang willchinascarbontradingpolicyfostercoordinatedinnovationingreentechnologies AT siminhao willchinascarbontradingpolicyfostercoordinatedinnovationingreentechnologies |