Can " Zero waste city" policy promote green technology? Evidence from econometrics and machine learning.

Journal: Journal of environmental management
PMID:

Abstract

The promotion of green technology innovation (GTI) is regarded as an effective way to protect the environment and achieve sustainable development. The "Zero waste city" construction pilot policy (ZWCP), is an important policy for the promotion of waste management, and the achievement of sustainable development and circular economy. The paper explores the effect of ZWCP on GTI using the difference-in-differences model and machine learning. The result shows that ZWCP significantly promotes GTI. In addition, causal forest modeling, a type of machine learning method, similarly validates this result. The mechanism effect suggests that ZWCP promotes GTI by increasing research expenditure and enhancing informational development. The heterogeneity effect suggests that ZWCP is more powerful in promoting GTI when it is implemented in western, low administrative level, and resource-based cities. The paper provides a reference for waste management policies and development of GTI in other countries.

Authors

  • Shenghao Bi
    Business School, Beijing Normal University, Beijing, 100875, China. Electronic address: ShenghaoBi@outlook.com.
  • Jianxiao Du
    School of Accountancy, Shandong University of Finance and Economics, Jinan, 250014, China. Electronic address: 202008140740@sdufe.edu.cn.
  • Zhenjun Yan
    Business School, Beijing Normal University, Beijing, 100875, China. Electronic address: yanzhenjun@bnu.edu.cn.
  • Andrea Appolloni
    Department of Management and Law, University of Rome Tor Vergata, Rome, 00133, Italy. Electronic address: andrea.appolloni@uniroma2.it.