Spatial Effects of Technological Progress and Financial Support on China’s Provincial Carbon Emissions

Yingying Zhou, Yaru Xu, Chuanzhe Liu, Zhuoqing Fang and Jiayi Guo
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Yingying Zhou: School of Management, China University of Mining and Technology, Xuzhou 221116, Jiangsu, China
Yaru Xu: School of Management, China University of Mining and Technology, Xuzhou 221116, Jiangsu, China
Chuanzhe Liu: School of Management, China University of Mining and Technology, Xuzhou 221116, Jiangsu, China
Zhuoqing Fang: School of Management, China University of Mining and Technology, Xuzhou 221116, Jiangsu, China
Jiayi Guo: School of Management, China University of Mining and Technology, Xuzhou 221116, Jiangsu, China

IJERPH, 2019, vol. 16, issue 10, 1-22

Abstract: The spatial autocorrelation analysis method was applied to panel data from the provinces of China (including autonomous regions and municipalities directly under the central government) for the period 2003 to 2016 in order to construct a spatial Durbin model of technological progress and financial support in relation to reductions in carbon emissions. The results show that China’s carbon intensity presents significant spatial spillover effects under different spatial weights, which indicates that the carbon intensity of a province is influenced not only by its own characteristics, but also by the carbon emission behaviors of geographically adjacent and economically similar provinces and regions. Financial structure, financial scale, and financial efficiency all have significant effects on carbon intensity within a province, while financial structure is also linked to carbon intensity in other regions, but financial scale has no significant spillover effect on carbon intensity in space. Areas with high financial efficiency can reduce their own carbon intensity as well as that of surrounding areas. The inter-regional spillover effect of technological progress on carbon intensity is stronger than the spillover effect, but there is a time lag.

Keywords: technical progress; financial support; carbon intensity; spatial autocorrelation (search for similar items in EconPapers)
JEL-codes: I I1 I3 Q Q5 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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