Natural resources utilization efficiency under the influence of green technological innovation

Chenglin Miao, Debin Fang, Liyan Sun and Qiaoling Luo

Resources, Conservation & Recycling, 2017, vol. 126, issue C, 153-161

Abstract: Innovation is the fundamental force to drive economic and social development, green technological innovation is the key driving force to achieve the development of low-carbon economic and enhance the efficiency of natural resources. With a panel data between 2001 and 2015, this paper applies the stochastic frontier analysis on the impact of green technological innovation on natural resources utilization efficiency taking high-tech industries as the research object, and analyzes the influence factors of natural resources utilization efficiency. The empirical result shows that under green technological innovation, the level of natural resources utilization efficiency is relatively higher and the change trend is increasing. Besides, green technology introduction funds and green new product development funds play a significant positive role on natural resources utilization efficiency, while green technology transformation funds and technological staff have the negative effect. Finally, policy suggestions about improving natural resources utilization efficiency are put forward. This paper makes an empirical study on the theoretical relationship between green technology innovation and natural resource utilization efficiency, clarifies the mechanism of green technological innovation on the efficiency of natural resource utilization based on the stochastic frontier analysis method, and analyzes the positive and negative factors of green technological innovation. The results can help to select the optimal innovation behavior to create the conditions of rational use of natural resources and realize economic development and environmental protection.

Keywords: Green technological innovation; Natural resources utilization efficiency; Stochastic frontier analysis (SFA); High-tech industries (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (100)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:recore:v:126:y:2017:i:c:p:153-161

DOI: 10.1016/j.resconrec.2017.07.019

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