The Impact of New-Type Urbanization Policy on Urban Green Total Factor Productivity: New Evidence from China

Zhijun Li, Yuanyuan Shi, Michal Wojewodzki, Yigang Wei and Meiyu Guo ()
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Zhijun Li: School of Economics and Management, Xidian University, Xi‘an 710126, China
Yuanyuan Shi: School of Economics and Management, Xidian University, Xi‘an 710126, China
Yigang Wei: School of Economics and Management, Beihang University, Beijing 100191, China
Meiyu Guo: Department of Geography, Hong Kong Baptist University, Hong Kong, China

Sustainability, 2024, vol. 16, issue 12, 1-21

Abstract: China’s new-type urbanization has been instrumental in fostering high-quality economic and social progress. This research explores the impact and underlying mechanisms of the new-type urbanization policy on urban green total factor productivity (GTFP) by analyzing a sample of 165 Chinese prefecture-level cities from 2009 to 2020. Utilizing the difference-in-differences (DID) approach, the study uncovers several key findings: (1) compared to non-pilot areas, the new-type urbanization policy significantly boosts urban GTFP by 43.5%, supporting a shift towards more sustainable and eco-friendly urban growth; (2) the analysis of impact mechanisms indicates that these policies enhance urban GTFP through technological innovation and environmental regulation; and (3) the urban agglomeration model test reveals that being part of an urban agglomeration amplifies the effects of the new-type urbanization policy on GTFP. These results underscore the significance of these policies in driving sustainable and high-quality urban development in China, offering valuable insights for policymakers to formulate and implement effective urbanization strategies.

Keywords: new-type urbanization; green total factor productivity; DID; influencing mechanisms; China (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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