“双碳”背景下绿色技术创新对制造业企业高质量发展的影响:一个有调节的中介模型

The Impact of Green Technology Innovation on the High-quality Development of Manufacturing Industry in the Context of"Dual Carbon":A Moderated Mediation Model

实现“双碳”目标离不开企业绿色技术创新。与传统意义的技术创新相比,绿色技术创新更加注重以低成本的经济活动提升环境质量。基于2010—2021年制造业A股上市公司的面板数据,考察“双碳”背景下绿色技术创新对制造业企业高质量发展的影响。实证分析结果表明:第一,绿色技术创新与制造业企业高质量发展之间存在显著的正相关关系。第二,市场化水平在绿色技术创新赋能制造业企业高质量发展中发挥了中介效应,且绿色技术创新对高市场化水平地区制造业企业高质量发展的促进作用更显著。第三,行业竞争度能够调节绿色技术创新、市场化水平与制造业企业高质量发展之间的关系,且行业竞争度对后半段路径(市场化水平→制造业企业高质量发展)的促进作用更强。

In 2020,the Chinese government proposed the"dual carbon"goal of reaching the carbon peak by 2030 and achieving carbon neutrality by 2060.To achieve the"dual carbon"goal,enterprises'green technology innovation is essential.Compared with traditional technology innovation,green technology innovation pays more attention to improving environmental quality through low-cost economic activities.However,the insufficiency of green technology innovation-and green low-carbon development has seriously hindered the high-quality development of the manufacturing industry.Thus,it is necessary to clarify the deep logic and micro characteristics of the high-quality development of the manufacturing industry from the empirical level.In this context,based on the panel data of A-share listed manufacturing companies from 2010 to 2021,this paper empirically tests the impact of green technology innovation on the high-quality devel-opment of manufacturing enterprises under the background of"dual carbon"by constructing an econometric model.The empirical analysis results show that:Firstly,there is a significant posi-tive correlation between green technology innovation and high-quality development of manufac-turing industry,and this conclusion is still valid after endogeneity and robustness tests.Sec-ondly,the test results of mediating mechanism show that marketization level plays a mediating ef-fect in green technology innovation enabling high-quality development of manufacturing indus-try,that is,green technology innovation promotes high-quality development of manufacturing in-dustry through the improvement of marketization level.Thirdly,the test results of moderated me-diating mechanism show that the industry competition degree can regulate the relationship be-tween green technology innovation,marketization level and high-quality development of manu-facturing enterprises,and the industry competition degree has a stronger role in promoting the second half of the path(marketization level→high-quality development of manufacturing indus-try).Fourthly,the results of heterogeneity analysis show that green technology innovation can sig-nificantly promote the high-quality development of manufacturing enterprises in areas with high marketization level,but has no significant effect on the high-quality development of manufactur-ing enterprises in areas with low marketization level.According to the above research conclu-sions,based on the"dual carbon"goal,this paper puts forward the following suggestions for pro-moting green technology innovation and high-quality development of China's manufacturing in-dustry:Firstly,promote the low-carbon and green development of manufacturing industry,drive the transformation of the traditional development model of high emission and low efficiency to the low-carbon model with green technology innovation,and improve the total factor productivity of manufacturing industry.Secondly,enterprises themselves should conform to the development trend of the times,take low-carbon development as the core orientation,keep up with the core needs of industrial development,actively implement the green development strategy,fully intro-duce high-tech talents and high-end manufacturing equipment,and constantly increase the capi-tal investment in the research and development of green patent technology.Thirdly,relevant de-partments should establish a healthy management market and capital market,strengthen external constraints,appropriately reduce the intervention in enterprise operation,and let the market play the role of resource allocation.Fourthly,thoroughly implement the strategy of green and low-carbon transformation,promote carbon reduction,energy conservation and cleaner production,actively implement the"Action Plan for Carbon Dioxide Peaking Before 2030"and the"Carbon Neutrality Target Before 2060",implement green manufacturing projects,and take the road of green and low-carbon development.