Impact of low-carbon city pilot policies on urban green innovation from the perspective of spatial and temporal heterogeneity

Zhang, Jinyue; Chu, Zhaopeng; Sun, Zhenglin

doi:10.1007/s11356-023-30320-2

Cited by 5 publications

(1 citation statement)

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“…Chen et al investigated the impact of LCUP on levels of green innovation from an urban perspective, finding that pilot policies significantly promoted urban green innovation, with the presence of heterogeneity in this impact [32]. Zhang et al not only discovered that LCUP facilitated urban green innovation but also identified a spatial spillover effect of such policy impacts [33]. He et al conducted a study on a dataset of 276 Chinese cities, revealing that technological innovation, industrial upgrading, and the capability of public services are significant mechanisms through which LCUP affected the level of urban green innovation [34].…”

Section: Literature Reviewmentioning

confidence: 99%

Evaluating the Impact of Low-Carbon Urban Policy on Corporate Green Innovation—Evidence from China’s National Low-Carbon City Strategy Program

Xia,

Chen,

Chen

2024

Sustainability

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Low-carbon urban policy (LCUP) and corporate green innovation are considered crucial strategies and methods for reducing urban carbon emissions, addressing climate change, and promoting urban environmental sustainability. This study constructed a quasi-natural experiment based on the low-carbon city strategy program implemented in China in 2010, utilizing data from Chinese prefecture-level cities and publicly listed companies from 2005 to 2020. Employing a multi-period difference-in-differences (DID) approach, this paper reveals that the establishment of low-carbon model cities effectively fosters green innovation in corporations. Further analysis demonstrates that this promotional effect is particularly significant in non-state-owned enterprises, enterprises with high media attention, those with a high level of digitalization, and enterprises located in cities with high levels of green finance and in the Eastern and Central regions of China. These conclusions withstood a series of robustness tests, confirming their validity. Meanwhile, the examination of policy mechanisms reveals that public environmental awareness, government environmental regulation, and corporate environmental information disclosure are three key policy transmission mechanisms through which LCUP affects corporate green innovation. The findings of this study provide significant empirical insights for addressing climate change and enhancing the sustainable capacity of urban environments.

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Section: Literature Reviewmentioning

confidence: 99%