The Impact of New-Type Urbanization Policy on Urban Green Total Factor Productivity: New Evidence from China
<p dir="ltr">China’s new-type urbanization has been instrumental in fostering high-quality economic and social progress. This research explores the impact and underlying mechanisms of the new-type urbanization policy on urban green total factor productivity (GTFP) by analyzing a samp...
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2024
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| Summary: | <p dir="ltr">China’s new-type urbanization has been instrumental in fostering high-quality economic and social progress. This research explores the impact and underlying mechanisms of the new-type urbanization policy on urban green total factor productivity (GTFP) by analyzing a sample of 165 Chinese prefecture-level cities from 2009 to 2020. Utilizing the difference-in-differences (DID) approach, the study uncovers several key findings: (1) compared to non-pilot areas, the new-type urbanization policy significantly boosts urban GTFP by 43.5%, supporting a shift towards more sustainable and eco-friendly urban growth; (2) the analysis of impact mechanisms indicates that these policies enhance urban GTFP through technological innovation and environmental regulation; and (3) the urban agglomeration model test reveals that being part of an urban agglomeration amplifies the effects of the new-type urbanization policy on GTFP. These results underscore the significance of these policies in driving sustainable and high-quality urban development in China, offering valuable insights for policymakers to formulate and implement effective urbanization strategies.</p><h2>Other Information</h2><p dir="ltr">Published in: Sustainability<br>License: <a href="https://creativecommons.org/licenses/by/4.0/" target="_blank">https://creativecommons.org/licenses/by/4.0/</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.3390/su16125220" target="_blank">https://dx.doi.org/10.3390/su16125220</a></p> |
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