Abstract
Improvements in energy-saving and low-carbon technologies in the economic system are foundations of sustainable economic development. Therefore, measuring the bias of technical change from the perspective of energy-saving and low-carbon is a prerequisite for clarifying whether economic growth is manifested as low-carbon and sustainable. In this paper, the production function from the perspective of energy-saving and low-carbon in China is constructed, and ridge regression is used to estimate it to measure energy and carbon bias in China's technical change. The results indicate that technical change is biased towards energy use and carbon emissions relative to capital and labor, but this bias is weakening. In general, China's economic system has always biased towards carbon emissions, and its carbon-biased technical change has the largest share in directed technical change. However, it is gradually shrinking.
Published Version
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