The Impact of Export Sophistication of the New Energy Industry on Carbon Emissions: An Empirical Study

Ke Huang, Teng Wang (), Jiachao Peng and Lijun Sun
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Ke Huang: School of Economics and Management, China University of Geosciences, Wuhan 430074, China
Teng Wang: School of Economics and Management, China University of Geosciences, Wuhan 430074, China
Jiachao Peng: Law and Business School, Wuhan Institute of Technology, Wuhan 430205, China
Lijun Sun: School of Economics and Management, China University of Geosciences, Wuhan 430074, China

Energies, 2023, vol. 16, issue 9, 1-15

Abstract: Existing research has insufficiently explored the nexus between the new energy industry and CO 2 emissions from the standpoint of export sophistication. This study analyses the implications of the new energy industry’s export sophistication on CO 2 emissions, regional heterogeneity, and its influencing mechanism by gathering data from 31 major economies throughout the world between 1996 and 2021. The study found that the new energy industry’s export sophistication helps reduce carbon dioxide emissions, and this conclusion still holds after robustness testing; the carbon emission reduction effect of the export sophistication of the new energy industry is more significant in developed countries than in developing countries; the new energy industry’s export sophistication possesses a crowding-out effect on domestic technological progress, which to a certain extent impedes carbon reduction effect. This paper’s findings provide theoretical guidance for the global low-carbon energy transition.

Keywords: carbon emissions; export sophistication; new energy industry; influential mechanism; heterogeneity; fixed effects model; mediation effect model (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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