Measurement, Influencing Factors and Spatial Spillover Effect of China's Green Economy Development Level

-- Spatial econometric analysis based on provincial panel data

Abstract

Based on the concept of green development under the new development pattern, the evaluation index system of China's green economy development is constructed from three dimensions: green production, green life and green ecology. Based on the panel data of 30 provinces from 2005 to 2020, the green economy development level of each province is calculated, and its influencing factors are considered from three aspects: economic development, social capital and governance efficiency, and its spatial spillover effect is analyzed. The conclusions of this study are as follows: (1) During the study period, the development level of green economy in each province generally presents a steady upward trend, but there are significant differences among the provinces, with Xinjiang, Hainan, Tianjin and other provinces experiencing the largest increase, while Yunnan, Guangxi and Shaanxi provinces experiencing the smallest increase. (2) The development level of China's green economy is obviously centralized and distributed. The level of science and technology, the development of the private economy and the degree of opening to the outside world are the key factors to promote the high-quality development of green economy in China. The extensive utilization of resources has hindered the development of the green economy. The degree of openness is the main factor to promote the development of the green economy in this region. Technological progress and energy consumption are not conducive to the promotion of green economic development level in other regions.