Analysis of the spatial effect of clean energy development on green economic growth: evidence from China.

Abstract

Clean energy development has played a pivotal role in economic transformation. Based on the panel data of 30 provinces in China from 2006 to 2021, the spatial Dubin model was used to empirically investigate the impact of clean energy development on green economic growth. Furthermore, this research selected industrial structure optimization as the mediating variable to analyze the mediating effect between clean energy development and green economic growth. The results are as follows. Firstly, there is a positive spatial correlation for green economic development, in which the level of green economic development in a region can be influenced by neighboring regions. Secondly, there is a significant positive relationship between clean energy development and green economic growth, in which the clean energy development has a positive impact on green economic growth. Thirdly, the mediating effect analysis demonstrates that the clean energy development can influence green economic growth through industrial structure optimization. Based on the findings in this paper, several suggestions are proposed. China should formulate a unified national strategy for green economy by coordinating and balancing regional differences, develop the clean energy industry to promote green economic growth, and pay attention to the intermediary effect of industrial structure to promote green economic growth.