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How does power technology innovation affect carbon productivity? A spatial perspective in China
Yating Deng1, Fengtao Guang2, Shuifeng Hong1
1Research Centre of Resource and Environmental Economics, School of Economics and Management, China University of Geosciences, Wuhan, 430074, China.
Power technology innovation boosts China
Area of Science:
- Environmental Science & Policy
- Energy Economics
- Technological Innovation
Background:
- Power technology innovation is crucial for enhancing China's carbon productivity.
- Empirical evidence on the specific impact of power technology innovation on carbon productivity remains limited.
- Understanding regional disparities and spatial correlations in carbon productivity is essential.
Purpose of the Study:
- To investigate the impact of power technology innovation on carbon productivity in China.
- To analyze the spatial spillover effects of power technology innovation on provincial carbon productivity.
- To identify the mechanisms through which power technology innovation influences carbon productivity.
Main Methods:
- Calculated carbon productivity using the metafrontier Malmquist-Luenberger productivity index.
- Employed the spatial Durbin model to assess the effects of power technology innovation.
- Examined heterogeneous power technology innovations and their synergistic effects.
Main Results:
- Significant spatial correlation and provincial differences in China's carbon productivity were observed.
- Local power technology innovation positively impacts both local and neighboring provinces' carbon productivity.
- Breakthrough innovations demonstrate a stronger positive effect than incremental innovations.
Conclusions:
- Power technology innovation, particularly breakthrough innovations, significantly enhances carbon productivity.
- Spatial spillover effects indicate that innovation in one province benefits its neighbors.
- The 'Catching-up Effect' and 'Innovation Effect' are key transmission channels for improved carbon productivity.
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