Synergistic Effects of Low-Carbon and Science and Technology Finance Policies on New-Quality Productivity
Bibliographic Data
| ID | 22006400 |
|---|---|
| Authors | Yeping He (0000-0002-1770-0367, Guizhou University of Finance and Economics), Tingting Ren (0000-0002-6226-6504, Guizhou University of Finance and Economics), Ren Yayun (Guizhou University of Finance and Economics, corresponding author) |
| Year | 2025 |
| Volume | 15 |
| Issue | 4 |
| Publication date | 2025-10-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | SAGE Open (JOURNAL) |
| Journal identifiers | ISSN: 2158-2440 • E-ISSN: 2158-2440 |
| Publisher | SAGE Publications (PUBLISHER • US) |
| DOI | 10.1177/21582440251379602 |
| OpenAlex | W4416165199 |
| Language | EN |
| References cited | 45 |
From the perspective of neoclassical economics, this study incorporates the concept of new-quality productivity to develop an evaluation indicator system. Using panel data from 139 Chinese cities between 2008 and 2021, a quasi-natural experiment is constructed to examine the combined effects of low-carbon policies and science and technology finance policies. A regression control method grounded in counterfactual thinking is employed to evaluate their influence on new-quality productivity. The analysis further investigates heterogeneity across labor force quality, financial development level, and geographic location, as well as the transmission mechanisms via technological innovation and industrial structure. The results indicate that policy synergies significantly enhance new-quality productivity, a finding that remains robust under multiple tests. These synergies drive improvement through technological innovation and industrial structure optimization. The positive effect is more pronounced in regions with higher labor force quality and financial development, and in eastern China, whereas it is negligible in other regions. This study offers theoretical support and policy guidance for fostering new-quality productivity across regions
Counterfactual thinking · Panel data · Productivity · Technological change · China's Socioeconomic Reforms and Governance · Energy, Environment, Economic Growth · Innovation Policy and RD
Public policies against global warming
The impact of the pilot program on industrial structure upgrading in low-carbon cities
The impact of low-carbon city pilot policy on the total factor productivity of listed enterprises in China
An empirical study on the influence of new quality productivity development on the degree of rural revitalization
How does environmental regulation promote green technology innovation in enterprises? A policy simulation approach with an evolutionary game
Impact of sci-tech finance on the innovation efficiency of China's marine industry
Environmental policies and low-carbon industrial upgrading
A Model of Growth Through Creative Destruction
High-Quality Human Resources in the Labor Market
Does fintech innovation promote enterprise transformation? Evidence from China
Towards an accurate understanding of ‘new quality productive forces
Low-carbon transition policy and employment structure
| Highly cited | No |
|---|