Does fiscal environmental protection expenditure have ripple effects?Based on the perspective of green technology progress
Based on 2007-2020 Chinese prefecture-level city panel data,this study adopts the spatial Durbin model to examine the ripple effects of local fiscal environmental protection expenditure on green technology progress,discussing regional heterogeneity characteristics,and verifying the transmission role of industrial structure upgrading.The empirical results show that there exists spatial autocorrelation of green technology progress among cities.Fiscal environmental protection expenditure of local governments has ripple effects,that is,fiscal environmental protection expenditure has an"inverted U-shaped"effect on local green technology progress,and exerts the"U-shaped"influence on neighboring cities'green technology progress.Heterogeneity tests show that in cities with larger economies,advanced industrial structures,and concentrated human capital,the fiscal environmental protection expenditure is more likely to contribute to local green technology progress.In addition,local fiscal environmental protection expenditure influences the upgrading of neighboring industrial structure,and adjusts neighboring economic growth benefits in the long run,which in turn stimulates neighboring green technology progress.The findings will provide a reference for the government to tailor its fiscal environmental protection expenditure according to local conditions and optimize the green technology progress system.
fiscal environmental protection expendituregreen technology progressripple effectsspatial Durbin model
NETL
NSTL
万方数据
