Financial deepening, financial innovation, and education as new determinants of green growth in China

Li, Bo; Xu, Yunbao; Chengbo, Dai; Chao, Tan; Guangde, Zhao; Usman, Ahmed

doi:10.1007/s11356-022-23520-9

Cited by 11 publications

(7 citation statements)

References 41 publications

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“…China's policies have kept pace with the times and promoted rapid economic development. Bo, et al [67] verified that the global financial crisis of 2008 brought disaster to the world economy. However, China made timely policy adjustments in domestic and foreign situations.…”

Section: Trade Openness Led To Technological Innovationmentioning

confidence: 99%

“…Understanding the dynamic interplay between education and technological innovation is crucial for policymakers, educators, and researchers who seek to foster environments that foster continuous advancements in various disciplines. Nevertheless, it is essential to recognize that the relationship between education and innovation is complex and influenced by various contextual factors, necessitating additional research and investigation [67,84].…”

Section: Education Led To Technological Innovationmentioning

confidence: 99%

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Institutional quality-led Technological Innovation in Lower-income nations: Does Trade and Education matter

Md. Qamruzzaman,

Sylvia Kor

2023

GSC Adv. Res. Rev.

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The primary objective of this study is to comprehensively examine the underlying factors that contribute to the promotion of technological advancement within these nations, with the ultimate aim of offering well-informed and efficacious policy recommendations. The present study utilizes a robust methodology, incorporating a comprehensive dataset and employing rigorous statistical analysis techniques. The study's results demonstrate a noteworthy and statistically significant correlation between institutional quality and technological innovation. This suggests that nations with more robust institutions foster an environment conducive to developing and advancing innovative practices. The present study is underpinned by a comprehensive review of existing literature, which substantiates and reinforces the significance of institutions in fostering and facilitating innovation and entrepreneurship. Moreover, the present study reveals a significant positive correlation between trade openness and technological innovation, underscoring the facilitative impact of domestic and international trade on the innovation process. Furthermore, this study elucidates the constructive impact of education on technological innovation, underscoring the significance of easily attainable and high-quality education in nurturing innovation. Based on the empirical evidence presented in this study, it is recommended that policymakers accord high priority to implementing institutional reforms, facilitating trade integration, and allocating resources towards education to effectively stimulate and nurture technological advancements within lower-income nations. Nevertheless, it is imperative to acknowledge the necessity of contemplating alternative explanations and contextual factors that might influence the interplay between these variables. This study offers significant insights that can greatly benefit policymakers and practitioners interested in fostering innovation-driven development in lower-income countries.

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Section: Trade Openness Led To Technological Innovationmentioning

confidence: 99%

Section: Education Led To Technological Innovationmentioning

confidence: 99%

Institutional quality-led Technological Innovation in Lower-income nations: Does Trade and Education matter

Md. Qamruzzaman,

Sylvia Kor

2023

GSC Adv. Res. Rev.

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“…The metric used in this paper is the secondary industry-to-GDP ratio for the area. (5) Regional economic development level (lnagdp): A region's level of economic growth is indicative of the material foundation for urban green innovation and in-fluences the growth of green innovation in the region (Bo et al, 2020). This research uses the annual gross domestic product per capita as a measurement.…”

Section: Control Variablesmentioning

confidence: 99%

Impact of industrial policy on urban green innovation: empirical evidence of China’s national high-tech zones based on double machine learning

Cao,

Jia,

Tan

2024

Front. Environ. Sci.

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Effective industrial policies need to be implemented, particularly aligning with environmental protection goals to drive the high-quality growth of China’s economy in the new era. Setting up national high-tech zones falls under the purview of both regional and industrial policies. Using panel data from 163 prefecture-level cities in China from 2007 to 2019, this paper empirically analyzes the impact of national high-tech zones on the level of urban green innovation and its underlying mechanisms. It utilizes the national high-tech zones as a quasi-natural experiment and employs a double machine learning model. The study findings reveal that the policy for national high-tech zones greatly enhances urban green innovation. This conclusion remains consistent even after adjusting the measurement method, empirical samples, and controlling for other policy interferences. The findings from the heterogeneity analysis reveal that the impact of the national high-tech zone policy on green innovation exhibits significant regional heterogeneity, with a particularly significant effect in the central and western regions. Among cities, there is a notable push for green innovation levels in second-tier, third-tier, and fourth-tier cities. The moderating effect results indicate that, at the current stage of development, transportation infrastructure primarily exerts a negative moderating effect on how the national high-tech zone policy impacts the level of urban green innovation. This research provides robust empirical evidence for informing the optimization of the industrial policy of China and the establishment of a future ecological civilization system.

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“…Sustainability issues in modern society have become increasingly prominent, with environmental concerns taking center stage [18]. One of the primary challenges is climate change, driven by the accumulation of greenhouse gases in the atmosphere from human activities such as burning fossil fuels and deforestation [25]v. The resulting global warming has led to rising sea levels, extreme weather events, and disruptions to ecosystems, posing significant threats to biodiversity and human communities.…”

Section: Sustainability Issues In Modern Societymentioning

confidence: 99%

A Bibliometric Analysis of the Development of Research on Environmental Issues and Sustainability in Modern Society's Built Environment Studies in Indonesia

Judijanto,

Lubis,

Amir

et al. 2023

WSSHS

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This bibliometric analysis delves into the landscape of environmental sustainability research within Indonesia's built environment studies. As a nation undergoing rapid urbanization, understanding the trajectory of scholarly contributions addressing environmental issues becomes imperative. The study employs comprehensive data metrics, including publication trends, influential works, and potential research gaps, to offer a panoramic view of the field. Through clustering and overlay visualization, research trends are identified, and the top-cited documents shed light on influential works. The analysis also reveals less-explored areas, guiding future research directions. The comparison with previous studies enriches our understanding of the field's evolution. The implications extend beyond academia, providing practical guidance for policymakers and practitioners involved in shaping Indonesia's built environment sustainably.

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Financial deepening, financial innovation, and education as new determinants of green growth in China

Cited by 11 publications

References 41 publications

Institutional quality-led Technological Innovation in Lower-income nations: Does Trade and Education matter

Institutional quality-led Technological Innovation in Lower-income nations: Does Trade and Education matter

Impact of industrial policy on urban green innovation: empirical evidence of China’s national high-tech zones based on double machine learning

A Bibliometric Analysis of the Development of Research on Environmental Issues and Sustainability in Modern Society's Built Environment Studies in Indonesia

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