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Understanding the driving factors and finding the pathway to mitigating carbon emissions in China's Yangtze River Delta region

Changhua Chen, Yuqing Luo, Hong Zou and Junbing Huang

Energy, 2023, vol. 278, issue PB

Abstract: Technological progress is an effective tool for controlling carbon emissions. However, because the connection between technological progress and carbon emissions remains under-theorized, the literature often discusses the overall effect of technological progress, ignoring the heterogeneity of technology. To better understand the driving factors of carbon emissions, we develop a new theoretical model based on the Green Solow model, in which technology is divided into production, energy conservation, and energy substitution technologies. Dynamic panel models are then applied to show the driving influence of different factors affecting carbon emissions in the Yangtze River Delta (YRD) region between 2000 and 2017. The results indicate that total technological progress is conducive to reducing carbon emissions. The heterogeneity analysis indicates a positive reduction effect on carbon emissions for energy substitution and energy conservation technologies, but not for production technology. Interestingly, production technology significantly drives carbon emissions. However, the results also suggest that to control carbon emissions, it is necessary to promote production technology. Further analysis suggests that production technology plays an important role in the effectiveness of energy conservation and energy substitution technologies in decreasing carbon emissions.

Keywords: Carbon emission; Yangtze River Delta; Technological heterogeneity (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:278:y:2023:i:pb:s0360544223012914

DOI: 10.1016/j.energy.2023.127897

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