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### 财政分权和环境规制促进了中国绿色技术创新吗？

• 出版日期:2020-06-25 发布日期:2020-06-23

### Do Fiscal Decentralization and Environmental Regulation Promote Green Technology Innovation in China?

Chen Bin & Li Tuo

• Online:2020-06-25 Published:2020-06-23

Abstract: This paper uses the provincial panel data of 2003-2017 in China to measure the degree and efficiency of fiscal decentralization. Combining the two-stage DEA network, we evaluate the green innovation efficiency, efficiency of green technology R&D, the conversion efficiency of green technology achievements. We establish mathematical and empirical models to analyze the effect of fiscal decentralization and environmental regulation on green technology innovation. The results show that on the whole, the degree of fiscal decentralization, fiscal decentralization efficiency and environmental regulation are all positive factors to promote the development of green innovation in China, and fiscal decentralization also affects local environmental
regulation, having a positive indirect impact on green technology innovation; however, fiscal decentralization also leads to local governments’ short-sighted neglect of green technology R&D. From different periods of time,fiscal decentralization and environmental regulation have different impacts on green innovation. First, after the global financial crisis, fiscal decentralization has increased the crowding-out effect of economic stimulus policies on the development of green innovation, but this problem is alleviated after the new era. Second, after 2013,local environmental regulation has deepened too fast, which is not conducive to green innovation to some extent.From the perspective of regions with different levels of development,fiscal decentralization has slightly insufficient support for the development of green innovation in high-level and low-level regions, but improving the efficiency of fiscal decentralization can significantly promote the development of high-level regions; thepromotion of environmental regulation on green innovation is mainly reflected in high-level regions, yet for regions with low efficiency of green innovation, excessive environmental regulation has no practical significance.