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Corporate Co-Agglomeration and Green Economy Efficiency in China

This paper uses panel OLS, IV, and system GMM methods to empirically study the effects of manufacturing and producer service corporate co-agglomeration on green economy efficiency (GEE) in China. Chinese panel data from 2000 to 2019 are collected to assess the GEE and co-agglomeration degrees. The r...

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Autores principales: Zhu, Xiaoyan, Zhang, Yunqi, Yang, Weizhi
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Frontiers Media S.A. 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9377450/
https://www.ncbi.nlm.nih.gov/pubmed/35978794
http://dx.doi.org/10.3389/fpsyg.2022.890214
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author Zhu, Xiaoyan
Zhang, Yunqi
Yang, Weizhi
author_facet Zhu, Xiaoyan
Zhang, Yunqi
Yang, Weizhi
author_sort Zhu, Xiaoyan
collection PubMed
description This paper uses panel OLS, IV, and system GMM methods to empirically study the effects of manufacturing and producer service corporate co-agglomeration on green economy efficiency (GEE) in China. Chinese panel data from 2000 to 2019 are collected to assess the GEE and co-agglomeration degrees. The regression results show that there is an “inverted U-shaped” relationship between co-agglomeration and GEE. However, regional heterogeneity is found in the effects of corporate co-agglomeration on GEE. The mediating analysis indicates that corporate co-agglomeration could increase GEE through business entrepreneurship and innovation entrepreneurship. Variables such as transportation infrastructure, human capital, foreign direct investment, and environmental regulations are also found to have an elevating effect on GEE, whereas local fiscal expenditure on environmental protection has little effect. The findings in this paper indicate that entrepreneurship plays an important role in the process of co-agglomeration impacting GEE which differs in different regions and thus provide references for corporate and regional sustainable development.
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spelling pubmed-93774502022-08-16 Corporate Co-Agglomeration and Green Economy Efficiency in China Zhu, Xiaoyan Zhang, Yunqi Yang, Weizhi Front Psychol Psychology This paper uses panel OLS, IV, and system GMM methods to empirically study the effects of manufacturing and producer service corporate co-agglomeration on green economy efficiency (GEE) in China. Chinese panel data from 2000 to 2019 are collected to assess the GEE and co-agglomeration degrees. The regression results show that there is an “inverted U-shaped” relationship between co-agglomeration and GEE. However, regional heterogeneity is found in the effects of corporate co-agglomeration on GEE. The mediating analysis indicates that corporate co-agglomeration could increase GEE through business entrepreneurship and innovation entrepreneurship. Variables such as transportation infrastructure, human capital, foreign direct investment, and environmental regulations are also found to have an elevating effect on GEE, whereas local fiscal expenditure on environmental protection has little effect. The findings in this paper indicate that entrepreneurship plays an important role in the process of co-agglomeration impacting GEE which differs in different regions and thus provide references for corporate and regional sustainable development. Frontiers Media S.A. 2022-07-08 /pmc/articles/PMC9377450/ /pubmed/35978794 http://dx.doi.org/10.3389/fpsyg.2022.890214 Text en Copyright © 2022 Zhu, Zhang and Yang. https://creativecommons.org/licenses/by/4.0/This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY). The use, distribution or reproduction in other forums is permitted, provided the original author(s) and the copyright owner(s) are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.
spellingShingle Psychology
Zhu, Xiaoyan
Zhang, Yunqi
Yang, Weizhi
Corporate Co-Agglomeration and Green Economy Efficiency in China
title Corporate Co-Agglomeration and Green Economy Efficiency in China
title_full Corporate Co-Agglomeration and Green Economy Efficiency in China
title_fullStr Corporate Co-Agglomeration and Green Economy Efficiency in China
title_full_unstemmed Corporate Co-Agglomeration and Green Economy Efficiency in China
title_short Corporate Co-Agglomeration and Green Economy Efficiency in China
title_sort corporate co-agglomeration and green economy efficiency in china
topic Psychology
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9377450/
https://www.ncbi.nlm.nih.gov/pubmed/35978794
http://dx.doi.org/10.3389/fpsyg.2022.890214
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