|Table of Contents|

[1] Gan Qinghua, Chen Shumei,. Effect of market integration on green economic growth:Evidence from 30 Chinese provinces [J]. Journal of Southeast University (English Edition), 2023, 39 (3): 256-268. [doi:10.3969/j.issn.1003-7985.2023.03.006]
Copy

Effect of market integration on green economic growth:Evidence from 30 Chinese provinces()
Share：

Journal of Southeast University (English Edition)[ISSN:1003-7985/CN:32-1325/N]

Volumn:
39
Issue:
2023 3
Page:
256-268
Research Field:
Economy and Management
Publishing date:
2023-09-20

Info

Title:
Effect of market integration on green economic growth:Evidence from 30 Chinese provinces
Author(s):
Gan Qinghua1;  Chen Shumei2
1School of Economics and Management, Southeast University, Nanjing 211189, China
2School of Economics and Finance, Shanghai International Studies University, Shanghai 201620, China
Keywords:
market integration;  green economic growth;  industrial structure upgrading;  regional coordinated development;  green total factor productivity
PACS:
F123.9
DOI:
10.3969/j.issn.1003-7985.2023.03.006
Abstract:
Based on panel data for 30 provinces in China from 2000 to 2019, the super slacks-based measure(SBM)model combined with the global Malmquist-Lenberger(ML)index is utilized to determine green total factor productivity to measure green economic growth. Then, the impact of market integration on green economy is explored. The findings indicate that integration has a significant role in accelerating the green economy, with notable spatial, temporal, openness, and policy heterogeneity. A series of robustness tests support the conclusions. The impact mechanism test reveals that market integration bolsters the green economy via green efficiency improvements. Furthermore, a threshold effect is evident between market integration and the green economy based on rationalization and ecologicalization of industrial structure and innovation input. Based on the results, policy suggestions regarding how to further enhance the level of market integration and the green economy are proposed.

References:

[1] Lu M, Chen Z. Fragmented growth: Why economic opening may worsen domestic market segmentation?[J]. Economic Research Journal, 2009, 44(3): 42-52.(in Chinese)
[2] Fu Q, Qiao Y. How government competition promotes China’s rapid economic growth: Re-discussion on the relationship between market segmentation and economic growth[J]. The Journal of World Economy, 2011, 34(7): 43-63. DOI:10.19985/j.cnki.cassjwe.2011.07.004. (in Chinese)
[3] Song Z T. The empirical study on the relationship between market segmentation and regional economic convergence: Based on the dynamic panel corrected DOLS estimation[J]. Statistics & Information Forum, 2012, 27(7): 84-89.(in Chinese)
[4] Sun B W, Lei M. Market segmentation, cost reduction and high quality development: An analysis of a new economic geography model[J]. Reform, 2018(7): 53-63.(in Chinese)
[5] Sun B W, Cheng Z Q. Research on industrial pollution discharge mechanism of market integration: Taking the Yangtze River Economic Belt as an example[J]. China Environmental Science, 2019, 39(2): 868-878. DOI:10.19674/j.cnki.issn1000-6923.20190114.001. (in Chinese)
[6] Dou J M, Cui S H. Does domestic market integration promote the transfer of polluted industries?[J]. Industrial Economics Research, 2018(4): 76-87. DOI:10.13269/j.cnki.ier.2018.04.007. (in Chinese)
[7] Lü Y, Zhang H T. Does breaking market segmentation promote Chinese enterprises to reduce pollution emissions?[J]. Journal of Finance and Economics, 2021, 47(9): 4-18. DOI:10.16538/j.cnki.jfe.20210707.201. (in Chinese)
[8] Zhang K. Is regional integration beneficial to emission reduction?[J]. Journal of Financial Research, 2018(1): 67-83.(in Chinese)
[9] Du Y, Wu C Q, Deng M L. Government competition, market segmentation and green development efficiency of the Yangtze River economic belt[J]. China Soft Science, 2020(12): 84-93.(in Chinese)
[10] Li L, Chen W J. Does market integration promote green development of urban agglomeration in Yangtze River economic belt?[J]. Study and Practice, 2022(7): 65-74. DOI:10.19624/j.cnki.cn42-1005/c.2022.07.008. (in Chinese)
[11] Li R J, Li N, Yan X. Impact mechanism of electricity power market integration on regional green economic efficiency[J]. Resources Science, 2022, 44(3): 523-535. DOI:10.18402/resci.2022.03.08. (in Chinese)
[12] Gan Q H, Chen S M. The impact of market integration on regional economic growth from the perspective of upgrading industrial structure[J]. Industrial Economics Research, 2021(5): 40-53. DOI:10.13269/j.cnki.ier.2021.05.004. (in Chinese)
[13] Feng W, Bian J T. Home market scale and regional productivity: Test of the hypothesis of market scale[J]. Industrial Economics Research, 2014(5): 23-32. DOI:10.13269/j.cnki.ier.2014.05.003. (in Chinese)
[14] Schmookler J. Invention and economic growth[M]. Cambridge, MA, USA: Harvard University Press, 1966.
[15] Lü Y J, Gao B, Kong L C. Domestic market integration and green total factor productivity—non-linear relationship and threshold effect test[J]. Inquiry into Economic Issues, 2021(8): 19-30.(in Chinese)
[16] Li W Y, Yang S G. Market integration, urban function specialization and economic development quality—empirical research in the Yangtze River Delta[J]. Soft Science, 2019, 33(9): 7-12. DOI:10.13956/j.ss.1001-8409.2019.09.02. (in Chinese)
[17] Jian Z, Tan L P, Lü D G, et al. Creativity and destructiveness of market competition and upgrading of technology[J]. China Industrial Economics, 2017(5): 16-34. DOI:10.19581/j.cnki.ciejournal.2017.05.003. (in Chinese)
[18] Zheng J, Fu C H, Zhang C H. The environmental pollution effect of factor market distortion—evidence study based on instrumental variable method[J]. Soft Science, 2018, 32(10): 103-106. DOI:10.13956/j.ss.1001-8409.2018.10.23. (in Chinese)
[19] Li S J, Wu L H. Effects of regional integration on industrial green transformation[J]. Journal of Southeast University(English Edition), 2023, 39(2): 204-212. DOI: 10.3969/j.issn.1003-7985.2023.02.012.
[20] Qi X F, Zhou L. How does domestic market fragmentation affect enterprise innovation performance? Empirical evidence from China[J]. International Journal of Emerging Markets, 2022, to appear. DOI: 10.1108/ijoem-11-2019-0945.
[21] Qi S Z, Xu J. Influence of trade openness on green TFP of countries along ‘the Belt and Road’[J]. China Population, Resources and Environment, 2018, 28(4): 134-144. DOI:10.12062/cpre.20180109. (in Chinese)
[22] Shan H J. Reestimating the capital stock of China: 1952—2006[J]. The Journal of Quantitative & Technical Economics, 2008, 25(10): 17-31. DOI:10.13653/j.cnki.jqte.2008.10.003. (in Chinese)
[23] Qiu B, Yang S, Xin P J. Research on FDI technology spillover channels and productivity growth of China manufacturing industry: Based on panel data analysis[J]. The Journal of World Economy, 2008, 31(8): 20-31.(in Chinese)
[24] Sheng B, Mao Q L. Trade opening, domestic market integration and inter-provincial economic growth in China: 1985—2008[J]. The Journal of World Economy, 2011, 34(11): 44-66. DOI:10.19985/j.cnki.cassjwe.2011.11.004. (in Chinese)
[25] Liao B, Li L. How can urban agglomeration market integration promote urban green development: Evidence from China’s Yangtze River Economic Belt[J]. Environmental Science and Pollution Research, 2022, 29(7): 10649-10664. DOI: 10.1007/s11356-021-16490-x.
[26] Zhang J, Wang B. OFDI, market segmentation and quality of economic growth[J]. Journal of International Trade, 2022(4): 56-72. DOI:10.13510/j.cnki.jit.2022.04.008. (in Chinese)
[27] Tuo Y F, Kong L C. Will target constraints on economic growth exacerbate beggar-thy-neighbor policies?[J]. Modern Economic Research, 2022(8): 25-39. DOI:10.13891/j.cnki.mer.2022.08.012. (in Chinese)
[28] Cheng Z H, Jin W. Does fiscal decentralization affect China’s green economic growth?[J]. Finance and Trade Research, 2021, 32(3): 69-84. DOI:10.19337/j.cnki.34-1093/f.2021.03.006. (in Chinese)
[29] Bian Y C, Wu L H, Bai J H, et al. Does the distortion of factor market inhibit the growth of green economy? [J]. World Economic Papers, 2021(2): 105-119.(in Chinese)
[30] Wei L L, Hou Y Q. Research on the impact of China’s digital economy on urban green development[J]. Journal of Quantitative & Technological Economics, 2022, 39(8): 60-79. DOI:10.13653/j.cnki.jqte.2022.08.005. (in Chinese)
[31] Lin B Q, Tan R P. Economic agglomeration and green economy efficiency in China[J]. Economic Research Journal, 2019, 54(2): 119-132.(in Chinese)
[32] Hansen B E. Threshold effects in non-dynamic panels: Estimation, testing, and inference[J].Journal of Econometrics, 1999, 93(2): 345-368. DOI: 10.1016/S0304-4076(99)00025-1.
[33] Han Y H, Huang L X, Wang X B. Do industrial policies promote industrial structure upgrading? Theory and evidence from China’s development-oriented local government[J]. Economic Research Journal, 2017, 52(8): 33-48.(in Chinese)
[34] Yang L J, Shao J. Re-estimation of optimization of regional industrial structure in China[J]. The Journal of Quantitative & Technical Economics, 2018, 35(10): 59-77. DOI:10.13653/j.cnki.jqte.2018.10.004. (in Chinese)

Memo

Memo:
Biography: Gan Qinghua(1989—), female, Ph.D. candidate, qinghua_gan@126.com.
Foundation item: The National Social Science Foundation of China(No. 20BJL047).
Citation: Gan Qinghua, Chen Shumei.Effect of market integration on green economic growth: Evidence from 30 Chinese provinces[J].Journal of Southeast University(English Edition), 2023, 39(3):256-268.DOI:10.3969/j.issn.1003-7985.2023.03.006.
Last Update: 2023-09-20