Impact of cutting-edge hybrid electric vehicle technological innovation on carbon emissions in China
Abstrak
This study explores the impact of hybrid electric vehicle technology innovation on China's carbon emissions (CO2e). Using Fully Modified Ordinary Least Squares and Dynamic Ordinary Least Squares, our econometric analysis shows that a 1 % increase in IHEVTs corresponds to a 0.17 % reduction in CO2e. In comparison, a 1 % increase in the green digital economy is associated with a 0.31 % decrease in CO2e. This emphasizes the role of innovation and digitalization in emission control. Expansionary fiscal policies and GDP growth boost CO2e by 0.34 % and 0.31 %, respectively, underscoring the environmental impact of economic expansion. Conversely, contractionary fiscal policies and renewable energy consumption lead to CO2e declines of 0.46 % and 0.31 %, highlighting the importance of prudent policies. These findings demonstrate the synergistic impact of technological innovation and policy on China's emissions, providing essential perspectives for achieving long-term growth.
Topik & Kata Kunci
Penulis (2)
Xiang Zhang
Xiaoyang Cui
Akses Cepat
- Tahun Terbit
- 2025
- Sumber Database
- DOAJ
- DOI
- 10.1016/j.sftr.2025.100447
- Akses
- Open Access ✓