Research Article
Open access
Published on 29 September 2024
Download pdf
Ma,X. (2024). Research on Multiple Enhancement Paths of Green Total Factor Productivity--Group analysis based on the TOE framework. Journal of Applied Economics and Policy Studies,10,15-26.
Export citation

Research on Multiple Enhancement Paths of Green Total Factor Productivity--Group analysis based on the TOE framework

Xiaoyu Ma *,1,
  • 1 Harbin University of Commerce

* Author to whom correspondence should be addressed.

https://doi.org/10.54254/2977-5701/10/2024089

Abstract

This study uses the fuzzy set qualitative comparative analysis (fsQCA) method with 30 administrative divisions in China as the case, and carries out research and analysis based on the TOE framework to explore the role paths of five factors, namely, the development of digital finance, the level of green innovation, the construction of the talent system, the government's support capacity, and the social financing environment, on the green total factor productivity, the goal is to identify a range of options to push the economy in the direction of green development. The study found that: a single prerequisite is not necessarily a prerequisite for high green total factor productivity; the five factors that drive green total factor productivity include: “technology-financial-driven”, “technology-talent-driven”, “technology-resource-driven”, “technology-environment-driven” and “technology-government-driven”; the development of digital finance at the technology level and the level of green innovation plays a very important role. Hence, when it comes to governance, varying strategies should be implemented in different areas to encourage the advancement of environmentally friendly economic growth.

Keywords

green total factor productivity, multiple paths, fuzzy set qualitative comparative analysis, TOE framework

[1]. Farrell, M. J. (1957). The measurement of productive efficiency. Journal of the Royal Statistical Society: Series A (General), (1).

[2]. Zhang, H., & Gong, S. (2017). Measurement and analysis of industrial green total factor productivity based on DEA-Malmquist: Taking Hubei Province as an example. Journal of Jiangxi Normal University (Natural Science Edition), (5).

[3]. Ge, P., Xu, Z., & Huang, X. (2017). Has scientific research and innovation improved the green total factor productivity of countries along the “Belt and Road”? International Trade Issues, (9).

[4]. Wu, L., Jia, X., & Wu, C. (2020). Impact of heterogeneous environmental regulation on green total factor productivity in China. China Population-Resources and Environment, (10).

[5]. Feng, J., & Zhang, S. Q. (2017). China's interprovincial green total factor productivity assessment based on DEA method: An exploration of the variability of different model choices. Journal of Peking University (Natural Science Edition), (1).

[6]. Qian, H., Tao, Y., & Cao, S. (2020). Theoretical and empirical evidence on digital financial development and economic growth in China. Research on Quantitative and Technical Economics, (6).

[7]. Zhang, R., & Yu, J. (2021). Digital finance, business environment, and economic growth. Modern Economic Discussion, (7).

[8]. Fan, X., & Yin, Q. S. (2021). Does digital finance enhance green total factor productivity? Journal of Shanxi University (Philosophy and Social Science Edition), (4).

[9]. Asif, R., & Yang, X. (2023). Digital finance and green growth in China: Appraising inclusive digital finance using web crawler technology and big data. Technological Forecasting and Social Change, (3).

[10]. Rhodes, E., & Wield, D. (1994). Implementing new technologies: Innovation and the management of technology. New Jersey: Wiley Blackwell.

[11]. Xie, X., Huo, J., & Wang, H. (2019). Research on the relationship between green process innovation and financial performance of manufacturing industry. Research Management, (3).

[12]. Chen, C. (2016). China's industrial green total factor productivity and its influencing factors: An empirical study based on ML productivity index and dynamic panel model. Statistical Research, (3).

[13]. Jones, L. E., & Manuelli, R. E. (1990). A convex model of equilibrium growth: Theory and policy implications. Journal of Political Economy, (5).

[14]. Zhang, M., & Hu, Y. (2020). The impact of innovative human capital on green total factor productivity in the Yangtze River Delta region: An empirical analysis based on the spatial Durbin model. China Population-Resources and Environment, (9).

[15]. Zhao, L., Zhang, L., & Xu, L. (2016). Role mechanism of human capital, industrial restructuring, and green development efficiency. China Population-Resources and Environment, (11).

[16]. Xiong, A., Ding, Y., & Hu, Y. (2020). Impact of green innovation subsidies on total factor productivity under low carbon threshold. Resource Science, (11).

[17]. Li, B., Qi, Y., & Li, Q. (2016). Fiscal decentralization, FDI, and green total factor productivity: An empirical test based on panel data dynamic GMM method. International Trade Issues, (7).

[18]. Guo, L. H., Zhang, X. J., & Xu, L. B. (2014). Research on the impact of social financing scale and financing structure on the real economy. International Financial Studies, (6).

[19]. Li, J., & Wei, P. (2015). Financial development and total factor productivity growth: An empirical analysis based on Chinese interprovincial panel data. Economic Theory and Economic Management, (8).

[20]. Xu, Z., & Zhu, R. (2020). Analysis of the impact of financial development on green total factor productivity: An empirical study from western China. Journal of Shanxi University (Philosophy and Social Science Edition), (1).

[21]. Wang, Q. (2023). Digital economy development and green total factor productivity in urban agglomerations: Mechanism of action and inclusive nature. China Circulation Economy, (6).

[22]. Hu, R., Tang, J., & Song, H. (2023). Environmental regulation, green technology innovation, and green total factor productivity in manufacturing industry. Industrial Technology and Economics, (7).

[23]. Jia, J., Liu, W., & Du, Y. (2023). Multiple paths to enhance the efficiency of green technology innovation under the perspective of institutional grouping. Nankai Management Review, (9).

[24]. Du, Y., & Jia, L. (2017). Group perspective and qualitative comparative analysis (QCA): A new path for management research. Management World, (6).

[25]. Zhang, J., Wu, G., & Zhang, J. (2004). Estimation of inter-provincial physical capital stock in China: 1952-2000. Economic Research, (10).

[26]. Xiao, J., Zeng, P., & Ren, G. (2022). How to enhance the performance of green transformation in manufacturing industry? A group study based on TOE framework. Science Research, (12).

[27]. Gao, X., He, Z., & Zhang, F. (2022). How do government subsidies and environmental regulations enhance regional green technology innovation level? A study of linkage effect based on grouping perspective. Research and Development Management, (3).

Cite this article

Ma,X. (2024). Research on Multiple Enhancement Paths of Green Total Factor Productivity--Group analysis based on the TOE framework. Journal of Applied Economics and Policy Studies,10,15-26.

Data availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

Disclaimer/Publisher's Note

The statements, opinions and data contained in all publications are solely those of the individual author(s) and contributor(s) and not of EWA Publishing and/or the editor(s). EWA Publishing and/or the editor(s) disclaim responsibility for any injury to people or property resulting from any ideas, methods, instructions or products referred to in the content.

About volume

Journal:Journal of Applied Economics and Policy Studies

Volume number: Vol.10
ISSN:2977-5701(Print) / 2977-571X(Online)

© 2024 by the author(s). Licensee EWA Publishing, Oxford, UK. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license. Authors who publish this series agree to the following terms:
1. Authors retain copyright and grant the series right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this series.
2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the series's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this series.
3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See Open access policy for details).