Title: Market-based environmental regulation, green technology innovation and green and low-carbon economy

Authors: Jia Li; Yibo Xu

Addresses: University of Shanghai for Science and Technology, No. 334, Jungong Road, Changbai New Village, Yangpu District, Shanghai, China ' University of Shanghai for Science and Technology, No. 334, Jungong Road, Changbai New Village, Yangpu District, Shanghai, China

Abstract: The establishment of a green and low-carbon economic development system is of great significance in promoting the overall green transformation of economic development. Based on the Super-SBM model, this paper constructs a green and low-carbon economic development index, uses the dynamic panel data of 30 provinces and cities in China from 2006 to 2018 to study the relationship between market-based environmental regulation, green technology innovation and green low-carbon and economy. The results indicated that market-based environmental regulation has a significant inhibitory effect on green technological innovation, and the combined effect of market-based environmental regulation and green technological innovation can effectively weaken the 'negative' impact of market-based environmental regulation on the development of green and low-carbon economy. However, in the Yangtze River economic belt and the pilot areas of carbon emissions trading, the mechanism of market-based environmental regulation has obvious regional differences.

Keywords: green and low-carbon economy; market-based environmental regulation; green economy demonstration area; carbon neutrality; empirical study.

DOI: 10.1504/IJIMS.2024.140225

International Journal of Internet Manufacturing and Services, 2024 Vol.10 No.2/3, pp.95 - 111

Received: 19 Aug 2022
Accepted: 04 Sep 2022
Published online: 31 Jul 2024 *

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