Do Double-Edged Swords Cut Both Ways? The Role of Technology Innovation and Resource Consumption in Environmental Regulation and Economic Performance
Bibliographic Data
| ID | 15467458 |
|---|---|
| Authors | Qian Zhou (0000-0002-2319-1095, Zhongnan University of Economics and Law), Meng Shi (0000-0001-9765-3101, Chinese Academy of Governance), Qi Huang (0000-0002-4616-5308, People's Bank of China), Tao Shi (0000-0003-1907-3552, Shandong Academy of Social Sciences, corresponding author) |
| Year | 2021 |
| Volume | 18 |
| Issue | 24 |
| Pages | 13152-13152 |
| Publication date | 2021-12-13 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | International Journal of Environmental Research and Public Health (JOURNAL) |
| Journal identifiers | ISSN: 1661-7827 • E-ISSN: 1660-4601 |
| Publisher | Multidisciplinary Digital Publishing Institute (PUBLISHER • CH) |
| DOI | 10.3390/ijerph182413152 |
| PMID | 34948762 |
| OpenAlex | W4200033887 |
| Language | EN |
| Citations received | 1 |
| References cited | 69 |
The Guangdong-Hong Kong-Macao Greater Bay Area (GBA) is one of the significant regions with the strongest economic vitality in China. This study focuses on environmental regulation in the eleven Greater Bay Area cities to explore the relationship between it and economic performance for the period 2000-2016. In doing so, we employ spatial panel models (including the spatial instrumental variable method) to investigate the nonlinear relationship between economic growth and environmental regulation. We confirm the existence of a U-shaped relationship between economic growth and environmental regulation in the Greater Bay Area. In the first half of the inverted U shape, the higher the economic development level, the stronger the environmental regulation strength; however, the latter begins to decrease after the peak point. The doubled-edged sword does not cut both ways. This paper verifies that technology innovation and resource consumption are two important mechanisms. Further, we find that both economic growth and environmental regulation have negative spatial externalities; innovation has a positive impact on the environmental regulation of the local city as well as surrounding cities, while resource consumption is on the contrary. In conclusion, this paper provides policy recommendations to further promote economic growth and environmental technologies, and to enhance energy efficiency in GBA
Bay · China · Consumption (sociology · Economic geography · Economics · Environmental degradation · Environmental regulation · Externality · Geography · Microeconomics · Natural resource economics · Panel data · Resource (disambiguation · Sociology · Vitality · Air Quality and Health Impacts · Economic and Environmental Valuation · Energy, Environment, Economic Growth · Ecology
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| Unique citing works | 1 |
|---|---|
| Citations per year | 0,25 |
| Citation span | 2022 - 2022 (1) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 1 |