Sustainability,
Год журнала:
2025,
Номер
17(4), С. 1401 - 1401
Опубликована: Фев. 8, 2025
Despite
the
recognized
importance
of
green
total
factor
productivity
(GTFP)
in
literature,
there
remains
a
scarcity
studies
examining
impact
foreign
direct
investment
(FDI)
on
GTFP
at
level
service
enterprises,
particularly
regarding
role
DT
this
relationship.
To
address
gap,
we
utilize
data
from
listed
enterprises
China
to
examine
FDI
enterprise
and
digital
transformation
(DT)
link.
The
results
indicate
that
enhanced
significantly
decreases
GTFP.
Moreover,
negative
is
primarily
attributable
decline
technological
innovation.
Additionally,
alleviates
detrimental
effect
services
Furthermore,
moderated
mediation
tests
reveal
exerts
moderate
mediating
latter
segment
pathway
linking
These
insights
offer
valuable
guidance
harnessing
for
higher
GTFP,
informing
practical
policy
recommendations.
Frontiers in Environmental Science,
Год журнала:
2025,
Номер
12
Опубликована: Янв. 21, 2025
Introduction
New
urbanization
is
a
powerful
support
for
regional
economic
growth
and
green
transformation.
Methods
In
this
paper,
we
select
data
from
237
cities
at
prefecture
level
above
in
China
2010
to
2021
quasi-experimental
design,
investigate
the
effects
of
new
policy
pilots
on
urban
total
factor
productivity
(
GTFP
)
its
mechanism
by
constructing
multi-period
difference-in-differences
model.
Results
The
study
finds
that:
a)
construction
has
positive
impact
promoting
GTFP,
result
verified
series
robustness
tests;
b)
promotion
industrial
structure
upgrading,
facilitation
technological
innovation,
reduction
degree
resource
mismatch
all
partially
mediate
relationship
between
GTFP;
c)
environmental
regulation
market
integration
both
modulate
directions;
d)
heterogeneity
analysis
shows
that,
terms
two-dimensional
city
attributes
‘location-characteristics’,
increase
more
significant
eastern
central
cities,
non-resource
cities;
e)
further
that
pilot
policies
have
spatial
spillover
effect
are
mainly
affected
through
mechanisms
such
as
upgrading
neighboring
municipalities.
Discussion
This
provides
ideas
next
stage
sustainable
development
China,
thus
China's
high-quality
with
theoretical
practical
significance.
Sustainability,
Год журнала:
2025,
Номер
17(3), С. 1050 - 1050
Опубликована: Янв. 27, 2025
Green
fiscal
policy
draws
worldwide
attention
from
policymakers
as
a
potential
mechanism
that
contributes
to
sustainable
development.
However,
although
many
studies
have
discussed
the
economic
consequences
of
green
policy,
there
is
still
lack
systematically
quantify
productivity
impacts
policy.
Therefore,
fill
this
gap,
China’s
Energy
Conservation
and
Emission
Reduction
Fiscal
Policy
Pilot
(ECER)
difference-in-differences
(DID)
identification
method
were
chosen
explore
impact
on
total
factor
(GTFP).
We
find
ECER
significantly
enhances
urban
GTFP,
it
holds
after
series
robustness
tests.
Moreover,
we
mediating
mechanisms
may
explain
effect:
government
environmental
regulation,
technology
innovation,
industrial
structure
optimization.
Further
analysis
shows
positive
effect
more
significant
when
(1)
transparency
high;
(2)
financial
autonomy
(3)
digital
transformation
(4)
city’s
resource
endowment
(5)
development
level
high.
Overall,
our
study
provides
new
insights
into
Sustainability,
Год журнала:
2025,
Номер
17(4), С. 1401 - 1401
Опубликована: Фев. 8, 2025
Despite
the
recognized
importance
of
green
total
factor
productivity
(GTFP)
in
literature,
there
remains
a
scarcity
studies
examining
impact
foreign
direct
investment
(FDI)
on
GTFP
at
level
service
enterprises,
particularly
regarding
role
DT
this
relationship.
To
address
gap,
we
utilize
data
from
listed
enterprises
China
to
examine
FDI
enterprise
and
digital
transformation
(DT)
link.
The
results
indicate
that
enhanced
significantly
decreases
GTFP.
Moreover,
negative
is
primarily
attributable
decline
technological
innovation.
Additionally,
alleviates
detrimental
effect
services
Furthermore,
moderated
mediation
tests
reveal
exerts
moderate
mediating
latter
segment
pathway
linking
These
insights
offer
valuable
guidance
harnessing
for
higher
GTFP,
informing
practical
policy
recommendations.
