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ID:
166552
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| Summary/Abstract |
Because nearly five years have passed since China's Belt and Road Initiative (BRI) was implemented, there is an urgent need to explore whether it has significantly promoted provincial green economy development. Focusing on the primary provinces along its route, this study uses a GML index based on SBM directional distance function to evaluate provincial green total factor productivity (GTFP) and quantitatively analyses the BRI's net effect on provincial GTFP. The results indicate that provincial GTFP development is relatively good, with technological progress being its main driving force, there are significant differences between the regional GTFP development along the Silk Road Economic Belt (SREB) and the Maritime Silk Road (MSR), and the BRI has played a significant role in promoting provincial and two regional GTFP. R&D investment inhibits provincial GTFP development while it is not significant. There is a U-shaped relationship between economic development and GTFP, a negative correlation between the current provincial economic level and GTFP. Trade between provinces and countries along the route has a negative effect on GTFP. To promote GTFP development, the provinces should value foreign trade, improve innovation mechanism, cultivate talents and actively embed in the BRI construction.
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| 2 |
ID:
176121
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| Summary/Abstract |
The green development of free trade zones conforms to the theoretical principles of sustainable development and is key to promoting regional transformation and upgrading. By using synthetic control methods (SCM) based on microscopic data, this paper investigates the net effect of the establishment of the China (Shanghai) pilot free trade zone (SPFTZ) on green total factor productivity (GTFP) in Shanghai. The results show that the SPFTZ has promoted the GTFP in Shanghai. As far as time trend is concerned, the effects of this promotion become more apparent after a short-term period of slow growth. In terms of impact paths, the main driving force of policy is technological progress. Therefore, the SPFTZ should improve GTFP and create greater incentives for technological innovation. Institutional innovation for green development should play a central guiding role in the construction. We need continue to explore other green development models as well as means of creating higher levels of economic openness.
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