Analyzing the role of environmental technologies and environmental policy stringency on green growth in China

This study aims to investigate the impact of environmental technological innovations and environmental policy stringency on green economic growth in China. The empirical analysis of the study is based on the ARDL model. Findings confirm that environmental technology positively impacts green economic growth in the short and long run. In the robust model, the estimates of all technologies appeared to be significantly positive in the short and long run. Conversely, the estimated coefficients of environmental policy stringency, in the basic and robust model, have only negatively impacted the green economic growth in China in the short run. In the long run, the environmental policy stringency has not shown any significant impact on green economic growth in China in the basic and robust model. China needs to increase environmental technology and environmental policy stringency for achieving green growth and sustainability targets.

Automated summary

This study investigates the impact of environmental technological innovations and environmental policy stringency on green economic growth in China. The findings suggest that environmental technology has a positive effect on green economic growth in both the short and long run, while environmental policy stringency has a negative impact on green economic growth in the short run.