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Focusing on the perspective of environmental innovation, this paper first chooses a panel dataset of China’s 30 provinces during 2000–2012 to calculate indicators of environmental R&D and traditional R&D. Furthermore, we examine the relationship between environmental innovation and green transformation of Chinese economic growth pattern by employing the system GMM approach, and conduct a comparative analysis with traditional innovation. The empirical results show that environmental innovation is an essential impetus to promote economic green transformation, but traditional innovation impedes the process of green transformation. The possible reason is that traditional innovation mainly aims at expanding the scale of production and leads to great amount of energy consumption and serious environmental damage. While environmental innovation is able to achieve cleaner production and enhanced productivity simultaneously and eventually to promote economy to transform to the clean and high-end field. Finally, we derive our conclusions and draw some policy implications.
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- Environmental Innovation and Green Transformation of Economic Growth Pattern: Evidence from China
- Springer Singapore
- Chapter 13
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