Spatial Spillover Effect of New Energy Development on Economic Growth in Developing Areas of China—An Empirical Test Based on the Spatial Dubin Model

Jun Bai, Shixiang Li, Nan Wang, Jianru Shi and Xianmin Li
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Jun Bai: School of Public Administration, China University of Geosciences, Lumo Road 388, Wuhan 430074, China
Shixiang Li: Public Administration Department, Mineral Resources Strategy and Policy Research Center, China University of Geosciences, Lumo Road 388, Wuhan 430074, China
Nan Wang: School of Public Administration, China University of Geosciences, Lumo Road 388, Wuhan 430074, China
Jianru Shi: School of Public Administration, China University of Geosciences, Lumo Road 388, Wuhan 430074, China
Xianmin Li: School of Public Administration, China University of Geosciences, Lumo Road 388, Wuhan 430074, China

Sustainability, 2020, vol. 12, issue 8, 1-17

Abstract: The development of new energy in developing areas should not only consider the effect on local economic growth, but also give some attention to its spillover effect for economic growth in neighboring areas and take a new path of cluster-style development and cooperative governance. On the basis of Moran’s I and the Spatial Dubin Model (SDM), this paper analyzes the spatial spillover effect of new energy development on economic growth of 21 developing areas in China from 2000 to 2017. The results show that: (1) According to the Moran’s I, there are significant economic agglomeration characteristics in the spatial distributions among different areas in the study area. (2) A comparative study using the mixed Ordinary Least Squares (OLS) method and SDM shows that new energy has a negative spillover effect on the economic growth of neighboring areas when considering spatial factors, but this negative effect is underestimated in the mixed OLS method. (3) In addition to the core explanatory variable, the spatial spillover effect of new energy on economic growth is also affected by control variables, but the degree of impact varies. The results imply that some effective policy measures, such as sustainable development mechanisms, industrial distribution, and comparative innovation, should be taken to encourage new energy development for the high quality growth in developing areas on the national, regional, and global scale.

Keywords: developing areas; new energy; economic growth; spatial spillover effect; SDM (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 (4)

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