Spatial Effect Analysis of Forestry Technology Innovation on Forestry Industry Economic Growth

Abstract

The forestry industry is a low-carbon green industry with great potential for development, but its current development model is facing multiple dilemmas that urgently require a shift to high-quality forestry development. Neoclassical theory and endogenous growth theory consider technology innovation as the foundation of economic growth. In order to explore the impact of forestry technology innovation (FTI) on the economic growth of forestry industry, this paper uses the entropy method, spatial Durbin model, and threshold model to explore the spatial effect of forestry technology innovation on forestry industry economy for analysis and exploration of the non-linear relationship between the two, and the panel data from 31 provinces in China from 2002 to 2020 are used as the sample for empirical study. Results show that: (1) Forestry technology innovation has a significant role in promoting the economic growth of the forestry industry and has obvious spatial spillover effects, which also promotes the economic growth of forestry in neighboring regions. (2) There is a threshold effect of forestry technology innovation on the economic growth of the forestry industry. When the forestry technology innovation exceeds its optimal interval, its effect on the economic growth of forestry industry shows diminishing marginal benefits. (3) Forestry technology innovation has industrial heterogeneity on the economic growth of the forestry industry. Therefore, managers should take advantage of the growth effect of forestry technology innovation in the forestry industry at the level of sustainability, and further make full use of the spatial effect resulting from the flow of technology to establish a system of communication and learning to form a virtuous coordination of the forestry economic environment for the high-quality development of the forestry industry.