Toward a Green Energy System: How Does Carbon Capture, Utilization, and Storage Technology Innovation Promote Green Total Factor Productivity?-Reference-Cited by-同舟云学术

Toward a Green Energy System: How Does Carbon Capture, Utilization, and Storage Technology Innovation Promote Green Total Factor Productivity?

Published:2024 Issue:2 Volume:23 Page:59-88
ISSN:1535-3516
Container-title:Asian Economic Papers
language:en
Short-container-title:

Author:

Dong Kangyin¹,Wang Jianda²,Zhao Congyu³,Taghizadeh-Hesary Farhad⁴⁵,Phoumin Han⁶

Affiliation:

1. School of International Trade and Economics University of International Business and Economics Beijing, China dongkangyin@uibe.edu.cn

2. School of International Trade and Economics University of International Business and Economics Beijing, China wangjd1993@163.com

3. School of International Trade and Economics University of International Business and Economics Beijing, China cyzhao1998@163.com

4. School of Global Studies & TOKAI Research Institute for Environment and Sustainability (TRIES) Tokai University Tokyo, Japan

5. Adnan Kassar School of Business Lebanese American University Beirut, Lebanon farhad@tsc.u-tokai.ac.jp

6. Economic Research Institute for ASEAN and East Asia (ERIA) Jakarta, Indonesia han.phoumin@eria.org

Abstract

Abstract Using a panel data set from 2007 to 2019, we empirically evaluate the impact of carbon capture, utilization, and storage (CCUS) technology innovation on green total factor productivity (GTFP). The findings show that (1) CCUS technology innovation significantly improves GTFP. (2) CCUS technology innovation significantly contributes to GTFP by promoting industrial structure upgrading and carbon emissions efficiency. (3) Environmental regulation plays a positive moderating role in the nexus between CCUS technology innovation and GTFP. The findings of this paper provide guidance for China to achieve green energy transition and build a green energy system.

Publisher

MIT Press

Link

https://direct.mit.edu/asep/article-pdf/23/2/59/2379975/asep_a_00892.pdf

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