The Impact of Financial Factor Market Distortion on Green Innovation Efficiency of High-tech Industry

被引：0

作者：

Gao, Xingyu ^{[1
]}

Lyu, Yanwei ^{[1
]}

Shi, Feng ^{[2
]}

Zeng, Jingting ^{[3
]}

Liu, Chunyang ^{[1
]}

机构：

[1] Shandong Univ, Sch Business, Weihai 264209, Peoples R China

[2] Univ Int Business & Econ, Sch Int Trade & Econ, Beijing 100029, Peoples R China

[3] Northwest Univ Polit Sci & Law, Sch Econ, Xian 710063, Shaanxi, Peoples R China

来源：

EKOLOJI | 2019年 / 28卷 / 107期

关键词：

high-tech industry; green innovation efficiency; distorted financial elements; DEA-TOBIT two-step method; RENT-SEEKING; CHINA;

D O I：

暂无

中图分类号：

Q14 [生态学（生物生态学）];

学科分类号：

071012 ; 0713 ;

摘要：

Using the panel data of China's provincial high-tech industry innovation input and output and industrial wastewater exhaust emissions from 2008 to 2016, the non-radial and non-angle SBM-DEA model based on slack variables is used to measure China's high technology considering environmental factors. This paper applies DEA-TOBIT two-step method and Probit model to study the degree of impact of financial innovation on the green innovation efficiency of high-tech industries in various regions. The study finds that the distortion of the financial factor market has a significant inhibitory effect on the green innovation efficiency of high-tech industries in the country, the eastern and central regions. However, it has a certain degree of promoting effect on the green innovation efficiency of high-tech industries in the western region. According to the research conclusions and the actual situation, the corresponding policy recommendations for the development of high-tech industry innovation activities in the three regions are proposed.

引用

页码：3449 / 3461

页数：13

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