The impact of climate risks on green technology innovation: an empirical study based on panel data of 269 cities in China
Climate risks include two elements: physical risks and transition risks. Exploring the impact of climate risks on green technology innovation contributes to sustainable development. This study uses panel data from 269 cities in China from 2008 to 2022 to explore the impact of climate risks on green...
Saved in:
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Frontiers Media S.A.
2025-01-01
|
| Series: | Frontiers in Environmental Science |
| Subjects: | |
| Online Access: | https://www.frontiersin.org/articles/10.3389/fenvs.2024.1510883/full |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1841556788513603584 |
|---|---|
| author | Yangyulong Wu |
| author_facet | Yangyulong Wu |
| author_sort | Yangyulong Wu |
| collection | DOAJ |
| description | Climate risks include two elements: physical risks and transition risks. Exploring the impact of climate risks on green technology innovation contributes to sustainable development. This study uses panel data from 269 cities in China from 2008 to 2022 to explore the impact of climate risks on green technology innovation, and it employs Spatial Dubin Models for spatial effects analysis. The main research conclusions are as follows. First, the two components of climate risks—physical risks and transition risks—significantly hinder green technology innovation. Second, physical risks suppress green technology innovation by reducing market potential, while transition risks do so by decreasing foreign direct investment. Third, over time, green technology innovation shows a spatial clustering pattern of “low-low” and “high-high.” Fourth, physical risks create negative spatial spillover effects, while transition risks generate positive ones. Fifth, the spatial spillover effects of physical risks are mainly seen in the central region, while those of transition risks are primarily observed in the eastern and western regions, indicating significant regional heterogeneity. Finally, transition risks promoted green technology innovation in the period of 2018–2022, which is different from their suppressive effects in other time periods. In general, this study establishes a more comprehensive analytical framework that fills existing research gaps. |
| format | Article |
| id | doaj-art-51440509975d4cb288337a0722e6692e |
| institution | Kabale University |
| issn | 2296-665X |
| language | English |
| publishDate | 2025-01-01 |
| publisher | Frontiers Media S.A. |
| record_format | Article |
| series | Frontiers in Environmental Science |
| spelling | doaj-art-51440509975d4cb288337a0722e6692e2025-01-07T06:40:15ZengFrontiers Media S.A.Frontiers in Environmental Science2296-665X2025-01-011210.3389/fenvs.2024.15108831510883The impact of climate risks on green technology innovation: an empirical study based on panel data of 269 cities in ChinaYangyulong WuClimate risks include two elements: physical risks and transition risks. Exploring the impact of climate risks on green technology innovation contributes to sustainable development. This study uses panel data from 269 cities in China from 2008 to 2022 to explore the impact of climate risks on green technology innovation, and it employs Spatial Dubin Models for spatial effects analysis. The main research conclusions are as follows. First, the two components of climate risks—physical risks and transition risks—significantly hinder green technology innovation. Second, physical risks suppress green technology innovation by reducing market potential, while transition risks do so by decreasing foreign direct investment. Third, over time, green technology innovation shows a spatial clustering pattern of “low-low” and “high-high.” Fourth, physical risks create negative spatial spillover effects, while transition risks generate positive ones. Fifth, the spatial spillover effects of physical risks are mainly seen in the central region, while those of transition risks are primarily observed in the eastern and western regions, indicating significant regional heterogeneity. Finally, transition risks promoted green technology innovation in the period of 2018–2022, which is different from their suppressive effects in other time periods. In general, this study establishes a more comprehensive analytical framework that fills existing research gaps.https://www.frontiersin.org/articles/10.3389/fenvs.2024.1510883/fullclimate risksgreen technology innovationSpatial Dubin Modelsspatial spillover effectsregional heterogeneity |
| spellingShingle | Yangyulong Wu The impact of climate risks on green technology innovation: an empirical study based on panel data of 269 cities in China Frontiers in Environmental Science climate risks green technology innovation Spatial Dubin Models spatial spillover effects regional heterogeneity |
| title | The impact of climate risks on green technology innovation: an empirical study based on panel data of 269 cities in China |
| title_full | The impact of climate risks on green technology innovation: an empirical study based on panel data of 269 cities in China |
| title_fullStr | The impact of climate risks on green technology innovation: an empirical study based on panel data of 269 cities in China |
| title_full_unstemmed | The impact of climate risks on green technology innovation: an empirical study based on panel data of 269 cities in China |
| title_short | The impact of climate risks on green technology innovation: an empirical study based on panel data of 269 cities in China |
| title_sort | impact of climate risks on green technology innovation an empirical study based on panel data of 269 cities in china |
| topic | climate risks green technology innovation Spatial Dubin Models spatial spillover effects regional heterogeneity |
| url | https://www.frontiersin.org/articles/10.3389/fenvs.2024.1510883/full |
| work_keys_str_mv | AT yangyulongwu theimpactofclimaterisksongreentechnologyinnovationanempiricalstudybasedonpaneldataof269citiesinchina AT yangyulongwu impactofclimaterisksongreentechnologyinnovationanempiricalstudybasedonpaneldataof269citiesinchina |