Towards a green world: How do green technology innovations affect total-factor carbon productivity

生产力 绿色增长 全要素生产率 绿色经济 绿色创新 自然资源经济学 技术变革 生产(经济) 全球变暖 产业组织 气候变化 经济 环境经济学 业务 可持续发展 经济增长 生态学 宏观经济学 生物
作者
Kerui Du,Jianglong Li
出处
期刊:Energy Policy [Elsevier BV]
卷期号:131: 240-250 被引量:605
标识
DOI:10.1016/j.enpol.2019.04.033
摘要

Alleviating global climate change requires the development and adoption of green technology innovations. Particularly, the sustained economic growth requires green technology innovations in promoting carbon productivity, which is one of the central issues in raising standards of livings without detrimental consequences for global warming. However, the precise impacts of green technology innovations on carbon productivity are still unknown. Here we show that green technology innovations can only take effects for economies with high income, and it is difficult to find significant evidence that green technology innovations positively impact carbon productivity in less developed economies. The findings are quite robust using various alternative model specifications. Furthermore, our results demonstrate the importance of clarifying between development and adoption of green technology innovations. We propose that policy and public intention to raising living standard rather than environment, as well as lacking complementary supporting from other related innovations, represent barriers to adopt green technology innovations in less developed economies. In such countries, we anticipate our paper to attract attention to substantial upgrading of technologies by adopting green technology innovations in their new investments. The findings in this paper also highlight policies for encouraging worldwide green technology cooperation, such as accelerating green technology transfer across economies.
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