Do green trade and technology-oriented trade affect economic cycles? Evidence from the Chinese provinces

Shihua Liu, Hemachandra Padhan, Jithin P., Annmary Jose and Dil Rahut

Technological Forecasting and Social Change, 2024, vol. 202, issue C

Abstract: This paper explores the determinants of economic cycles in Chinese provinces, examining factors like information accessibility, communication infrastructure, technical innovation, and energy usage patterns. The research unveils a negative impact of green exports on economic cycles, potentially influenced by China's recent stringent environmental regulations. The findings suggest that basic communication facilities and energy consumption structure pose initial hindrances to economic cycles. Yet, they foster information dissemination and technical innovation. Despite the negative influence of green imports and specific technology-oriented trade segments on economic cycles, the study underscores the imperative of prioritizing long-term sustainability. It emphasizes the adverse association between energy consumption structure and economic cycles, highlighting the necessity of transitioning to cleaner energy sources despite short-term financial implications. The outcomes are in harmony with the evolving nature of these associations, underscoring the pivotal role of flexible policies and holistic development strategies in steering China's quest for green and sustainable economic development.

Keywords: Economic cycles; Green trade; Technology; Dynamic panel threshold regression; Kinky least-squares (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:tefoso:v:202:y:2024:i:c:s0040162524001306

DOI: 10.1016/j.techfore.2024.123334

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