Biased technical change, capital deepening, and efficiency of environmental regulations: Evidence from the Chinese provinces

Pan Zhao; Guoheng Hu; Peizhen Jin

doi:10.1016/j.techfore.2023.122453

Biased technical change, capital deepening, and efficiency of environmental regulations: Evidence from the Chinese provinces

Pan Zhao, Guoheng Hu, Peizhen Jin^*

^*Corresponding author for this work

School of Economics and Management

Henan Normal University

Research output: Contribution to journal › Article › peer-review

9 Scopus citations

Abstract

This study uses the Malmquist-Luenberger index to test how the capital-biased technical change affects the efficiency of environmental regulation in China using the provincial-level panel data from 2004 to 2018. It is found that there is a significant capital-biased technical change. The total factor productivity growth promotes the provincial-level efficiency of environmental regulation. However, capital deepening hinders the enhancement of the efficiency of environmental regulation. Finally, the Spatial Durbin model estimations indicate that the capital-biased technical change positively affects the provincial efficiency of environmental regulation, and its components exhibit remarkable spatial spillover effects.

Original language	English
Article number	122453
Journal	Technological Forecasting and Social Change
Volume	191
DOIs	https://doi.org/10.1016/j.techfore.2023.122453
State	Published - Jun 2023

Keywords

Biased technical change
Capital deepening
Environmental regulation
Malmquist-Luenberger Index
Spatial Durbin Model

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10.1016/j.techfore.2023.122453

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title = "Biased technical change, capital deepening, and efficiency of environmental regulations: Evidence from the Chinese provinces",

abstract = "This study uses the Malmquist-Luenberger index to test how the capital-biased technical change affects the efficiency of environmental regulation in China using the provincial-level panel data from 2004 to 2018. It is found that there is a significant capital-biased technical change. The total factor productivity growth promotes the provincial-level efficiency of environmental regulation. However, capital deepening hinders the enhancement of the efficiency of environmental regulation. Finally, the Spatial Durbin model estimations indicate that the capital-biased technical change positively affects the provincial efficiency of environmental regulation, and its components exhibit remarkable spatial spillover effects.",

keywords = "Biased technical change, Capital deepening, Environmental regulation, Malmquist-Luenberger Index, Spatial Durbin Model",

author = "Pan Zhao and Guoheng Hu and Peizhen Jin",

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year = "2023",

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T1 - Biased technical change, capital deepening, and efficiency of environmental regulations

T2 - Evidence from the Chinese provinces

AU - Zhao, Pan

AU - Hu, Guoheng

AU - Jin, Peizhen

PY - 2023/6

Y1 - 2023/6

N2 - This study uses the Malmquist-Luenberger index to test how the capital-biased technical change affects the efficiency of environmental regulation in China using the provincial-level panel data from 2004 to 2018. It is found that there is a significant capital-biased technical change. The total factor productivity growth promotes the provincial-level efficiency of environmental regulation. However, capital deepening hinders the enhancement of the efficiency of environmental regulation. Finally, the Spatial Durbin model estimations indicate that the capital-biased technical change positively affects the provincial efficiency of environmental regulation, and its components exhibit remarkable spatial spillover effects.

AB - This study uses the Malmquist-Luenberger index to test how the capital-biased technical change affects the efficiency of environmental regulation in China using the provincial-level panel data from 2004 to 2018. It is found that there is a significant capital-biased technical change. The total factor productivity growth promotes the provincial-level efficiency of environmental regulation. However, capital deepening hinders the enhancement of the efficiency of environmental regulation. Finally, the Spatial Durbin model estimations indicate that the capital-biased technical change positively affects the provincial efficiency of environmental regulation, and its components exhibit remarkable spatial spillover effects.

KW - Biased technical change

KW - Capital deepening

KW - Environmental regulation

KW - Malmquist-Luenberger Index

KW - Spatial Durbin Model

UR - https://www.scopus.com/pages/publications/85150024021

U2 - 10.1016/j.techfore.2023.122453

DO - 10.1016/j.techfore.2023.122453

M3 - 文章

AN - SCOPUS:85150024021

SN - 0040-1625

VL - 191

JO - Technological Forecasting and Social Change

JF - Technological Forecasting and Social Change

M1 - 122453

ER -

Biased technical change, capital deepening, and efficiency of environmental regulations: Evidence from the Chinese provinces

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Keywords

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