Macroeconomic uncertainty, high-level innovation, and urban green development performance in China

Peizhen Jin; Chong Peng; Malin Song

doi:10.1016/j.chieco.2019.02.008

Macroeconomic uncertainty, high-level innovation, and urban green development performance in China

Peizhen Jin, Chong Peng, Malin Song

School of Economics and Management

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

192 Scopus citations

Abstract

This study incorporates macroeconomic uncertainty and high-level innovation into the framework of urban green development performance analysis. The positive impact of macroeconomic uncertainty on high-level innovation is related to the economic level and geographical location of cities. In developed cities and coastal cities, positive incentives for high-level innovation depicted by invention patents and green technology patents are generated, but the impacts are not significant in less developed cities. The negative impact of macroeconomic uncertainty on green development performance of developed and coastal cities is not significant, but it has a more obvious inhibition effect in less developed cities; raising the proportion of high-level innovation helps to weaken this negative impact.

Original language	English
Pages (from-to)	1-18
Number of pages	18
Journal	China Economic Review
Volume	55
DOIs	https://doi.org/10.1016/j.chieco.2019.02.008
State	Published - Jun 2019

Keywords

GARCH model
Green development performance
High-level innovation
Macroeconomic uncertainty
Super-efficiency DEA-EBM model

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title = "Macroeconomic uncertainty, high-level innovation, and urban green development performance in China",

abstract = "This study incorporates macroeconomic uncertainty and high-level innovation into the framework of urban green development performance analysis. The positive impact of macroeconomic uncertainty on high-level innovation is related to the economic level and geographical location of cities. In developed cities and coastal cities, positive incentives for high-level innovation depicted by invention patents and green technology patents are generated, but the impacts are not significant in less developed cities. The negative impact of macroeconomic uncertainty on green development performance of developed and coastal cities is not significant, but it has a more obvious inhibition effect in less developed cities; raising the proportion of high-level innovation helps to weaken this negative impact.",

keywords = "GARCH model, Green development performance, High-level innovation, Macroeconomic uncertainty, Super-efficiency DEA-EBM model",

author = "Peizhen Jin and Chong Peng and Malin Song",

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AU - Jin, Peizhen

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AU - Song, Malin

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N2 - This study incorporates macroeconomic uncertainty and high-level innovation into the framework of urban green development performance analysis. The positive impact of macroeconomic uncertainty on high-level innovation is related to the economic level and geographical location of cities. In developed cities and coastal cities, positive incentives for high-level innovation depicted by invention patents and green technology patents are generated, but the impacts are not significant in less developed cities. The negative impact of macroeconomic uncertainty on green development performance of developed and coastal cities is not significant, but it has a more obvious inhibition effect in less developed cities; raising the proportion of high-level innovation helps to weaken this negative impact.

AB - This study incorporates macroeconomic uncertainty and high-level innovation into the framework of urban green development performance analysis. The positive impact of macroeconomic uncertainty on high-level innovation is related to the economic level and geographical location of cities. In developed cities and coastal cities, positive incentives for high-level innovation depicted by invention patents and green technology patents are generated, but the impacts are not significant in less developed cities. The negative impact of macroeconomic uncertainty on green development performance of developed and coastal cities is not significant, but it has a more obvious inhibition effect in less developed cities; raising the proportion of high-level innovation helps to weaken this negative impact.

KW - GARCH model

KW - Green development performance

KW - High-level innovation

KW - Macroeconomic uncertainty

KW - Super-efficiency DEA-EBM model

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SN - 1043-951X

VL - 55

SP - 1

EP - 18

JO - China Economic Review

JF - China Economic Review

ER -

Macroeconomic uncertainty, high-level innovation, and urban green development performance in China

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Keywords

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