What Factors Affect the Level of Green Urbanization in the Yellow River Basin in the Context of New-Type Urbanization?

Luping Shi, Zhongyao Cai, Xuhui Ding, Rong Di and Qianqian Xiao
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Luping Shi: Business School, Hohai University, Changzhou 213022, China
Zhongyao Cai: Business School, Hohai University, Changzhou 213022, China
Xuhui Ding: School of Finance and Economics, Jiangsu University, Zhenjiang 212013, China
Rong Di: School of Economics, Lanzhou University, Lanzhou 730000, China
Qianqian Xiao: Business School, Hohai University, Changzhou 213022, China

Sustainability, 2020, vol. 12, issue 6, 1-15

Abstract: Promoting new-type urbanization with the concept of green development has become an inevitable requirement for high-quality development in the Yellow River Basin. Grasping the development trend and influencing factors of green urbanization level in the Yellow River Basin is of great significance for implementing the international conventions on environmental protection and participating in global environmental governance. This paper selects the green urbanization level panel data of nine provinces in the Yellow River Basin from 2006 to 2018. Then, principal component analysis and factor analysis are applied to measure and evaluate the green urbanization level of each province. Furthermore, this paper constructs a dynamic panel estimation model and uses differential generalized method of moments (DIF-GMM) model and system generalized method of moments (SYS-GMM) model to explore the influencing factors. The results show that the overall level of green urbanization in the Yellow River Basin has steadily and rapidly increased, and there are significant spatial differences. The green urbanization level of eastern provinces is significantly higher than that of central and western provinces. In addition, the overall level of green urbanization shows a convergence trend. From the perspective of influencing factors, the factors that have significant positive effects on the level of green urbanization include economic development level, technological innovation level, and urban size. Industrial structure, foreign direct investment (FDI), and education level counteract the level of green urbanization. However, environmental regulation strength and opening degree fail to pass the significance test. Therefore, it is necessary to promote and upgrade industrial transformation, improve the quality of opening up, and strengthen cooperation in technological innovation and environmental governance. There are requirements that the government control the urban size and population scientifically and implement the environmental access system strictly in order to improve the level of green urbanization in the Yellow River Basin. It is more possible to achieve harmonious economic and ecological environment development.

Keywords: green urbanization; principal component analysis; factor analysis; dynamic panel estimation model; Yellow River Basin (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (13)

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