Green energy as a new determinant of green growth in China: The role of green technological innovation

IF 13.6 2区经济学 Q1 ECONOMICS Energy Economics Pub Date : 2022-10-01 DOI:10.1016/j.eneco.2022.106260

Jiaman Li , Kangyin Dong , Xiucheng Dong

{"title":"Green energy as a new determinant of green growth in China: The role of green technological innovation","authors":"Jiaman Li , Kangyin Dong , Xiucheng Dong","doi":"10.1016/j.eneco.2022.106260","DOIUrl":null,"url":null,"abstract":"<div><p>As China attaches great importance to accelerating the energy transition, improving national innovation capability, and achieving green growth, it is essential to investigate the nexus of green energy, technological innovation, and growth (3G). This paper utilizes the system generalized method of moments (SYS-GMM) estimator for exploring the impacts of green energy and green technological innovation on green growth. This paper also investigates the moderating and mediating roles of green technological innovation, heterogeneity, and asymmetry in 3G nexus. Therefore, the following conclusions are highlighted: (1) Green energy and green technological innovation are positively associated with green growth, and green technological innovation can enhance the positive influence of the green energy on growth and further promote sustainable economic development; (2) green technological innovation is a positive mediator in the impact of green energy on growth; (3) the impact of green energy is heterogeneous and asymmetric, while the influence of green technological innovation is consistent. This study highlights several policy implications aimed at enhancing green growth and sustainable development in China.</p></div>","PeriodicalId":11665,"journal":{"name":"Energy Economics","volume":null,"pages":null},"PeriodicalIF":13.6000,"publicationDate":"2022-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"21","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Energy Economics","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0140988322004005","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}

引用次数: 21

Abstract

As China attaches great importance to accelerating the energy transition, improving national innovation capability, and achieving green growth, it is essential to investigate the nexus of green energy, technological innovation, and growth (3G). This paper utilizes the system generalized method of moments (SYS-GMM) estimator for exploring the impacts of green energy and green technological innovation on green growth. This paper also investigates the moderating and mediating roles of green technological innovation, heterogeneity, and asymmetry in 3G nexus. Therefore, the following conclusions are highlighted: (1) Green energy and green technological innovation are positively associated with green growth, and green technological innovation can enhance the positive influence of the green energy on growth and further promote sustainable economic development; (2) green technological innovation is a positive mediator in the impact of green energy on growth; (3) the impact of green energy is heterogeneous and asymmetric, while the influence of green technological innovation is consistent. This study highlights several policy implications aimed at enhancing green growth and sustainable development in China.

查看原文

微信好友朋友圈 QQ好友复制链接

本刊更多论文

绿色能源作为中国绿色增长的新决定因素:绿色技术创新的作用

随着中国对加快能源转型、提高国家创新能力和实现绿色增长的重视，研究绿色能源、技术创新与增长(3G)之间的关系至关重要。本文利用系统广义矩量法(SYS-GMM)估计量来探讨绿色能源和绿色技术创新对绿色增长的影响。本文还探讨了绿色技术创新、异质性和不对称性在3G关系中的调节和中介作用。因此，本文得出以下结论:(1)绿色能源和绿色技术创新与绿色增长呈正相关关系，绿色技术创新可以增强绿色能源对增长的正向影响，进一步促进经济的可持续发展;(2)绿色技术创新在绿色能源对经济增长的影响中起正向中介作用;(3)绿色能源的影响具有异质性和不对称性，而绿色技术创新的影响具有一致性。本研究强调了旨在促进中国绿色增长和可持续发展的若干政策启示。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文去求助

来源期刊

Energy Economics ECONOMICS-

CiteScore

18.60

自引率

12.50%

发文量

524

期刊介绍： Energy Economics is a field journal that focuses on energy economics and energy finance. It covers various themes including the exploitation, conversion, and use of energy, markets for energy commodities and derivatives, regulation and taxation, forecasting, environment and climate, international trade, development, and monetary policy. The journal welcomes contributions that utilize diverse methods such as experiments, surveys, econometrics, decomposition, simulation models, equilibrium models, optimization models, and analytical models. It publishes a combination of papers employing different methods to explore a wide range of topics. The journal's replication policy encourages the submission of replication studies, wherein researchers reproduce and extend the key results of original studies while explaining any differences. Energy Economics is indexed and abstracted in several databases including Environmental Abstracts, Fuel and Energy Abstracts, Social Sciences Citation Index, GEOBASE, Social & Behavioral Sciences, Journal of Economic Literature, INSPEC, and more.