Carbon Reduction Effect of Green Technology Innovation from the Perspective of Energy Consumption and Efficiency

Wenchao Li (), Lingyu Xu, Jian Xu and Ostic Dragana
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Wenchao Li: School of Finance and Economics, Jiangsu University, Zhenjiang 212013, China
Lingyu Xu: School of Finance and Economics, Jiangsu University, Zhenjiang 212013, China
Jian Xu: School of Finance and Economics, Jiangsu University, Zhenjiang 212013, China
Ostic Dragana: School of Finance and Economics, Jiangsu University, Zhenjiang 212013, China

Sustainability, 2022, vol. 14, issue 21, 1-16

Abstract: Consumption-oriented or efficiency-oriented, it is a hard choice for the green technology innovation pathway. This paper uses the intermediary model to empirically analyze the panel data from 250 prefecture-level cities in China from 2010 to 2019. The conclusions show that: 1. At present, energy consumption-oriented green technology innovation at the national level in China shows a completely intermediary effect, which has a more obvious emission reduction effect; compared with energy consumption, energy efficiency-oriented green technology innovation only has a very weak intermediary effect of 6.58%. 2. Only the Eastern non-resource cities and the Midwest resource cities’ green technology innovation have the effect of energy efficiency-oriented emission reduction, accounting for 8.11% and 9.02%, respectively. 3. Both the Eastern resource cities and the Midwest non-resource cities have no intermediary effect on energy efficiency, so carbon emission reduction is more difficult than in other cities.

Keywords: green technology innovation; carbon emission reduction; energy efficiency; energy consumption (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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