Regional Differences and Convergence of Technical Efficiency in China’s Marine Economy under Carbon Emission Constraints

Abstract

With the continuous development of China’s marine economy and the increasing pollution in marine-related industries, how to implement a sustainable development strategy in the marine economy has become an important issue. Under the stochastic frontier analysis framework, this paper measures the technical efficiency of the marine economy in 11 coastal provinces in China under carbon emission constraints from 2006 to 2016 and analyzes regional differences and the dynamic evolution of technical efficiency and its influencing factors. Panel unit root test is applied to analyze the stochastic convergence of technical efficiency of the inter-regional marine economy. The result shows that: in the reference period, the technical efficiency of the marine economy is on the rise. Guangdong and Shanghai are in the lead. Technical level and industrial structure have a positive impact on technical efficiency, while the structure of property rights, FDI, energy prices, and energy structure have a negative effect on it. On the whole, the changes in the technical efficiency of coastal provinces present a process from concentration to differentiation. There is a stochastic convergence between the Pan-Pearl River Delta and the Yangtze River Delta. Raising the technological level, promoting low-carbon production in the marine industry, and strengthening inter-regional cooperation have a certain effect on the improvement of the technical efficiency of the marine economy.