Adoption Of Green Technology Research Articles

Adoption of green technology with financial friction

We investigate firms’ incentives to adopt green technology. To cover the adoption costs, a firm needs a bank loan. The bank cannot observe firms’ adoption costs and offers a loan contract that allows it to earn an intermediation margin. The Pigouvian tax leads to optimal abatement but inefficiently low adoption. The first-best outcome is achieved via a combination of environmental tax and loan subsidy. If the regulator is restricted to an environmental tax, it faces a trade-off between optimal adoption and optimal abatement. In this case, the second-best tax rate exceeds the Pigouvian tax rate.

A Scientometric Review and Analysis of Studies on the Barriers and Challenges of Sustainable Construction

Despite numerous concerns about climate change and the deterioration of nature, the construction industry is still one of the largest consumers of minerals and natural resources. In recent decades, sustainable construction using renewable and recyclable materials, reducing energy, and the adoption of more green technologies with the aim of reducing harmful impacts on the environment have received profound worldwide attention. The more key stakeholders involved strive to achieve sustainability, the more barriers they may face, which requires investigating them to have an effective plan to recognize, prevent, and control them. This paper reviews, classifies, and analyzes the major barriers of sustainable construction between January 2000 and April 2023. In this scientometric study, 153 articles were selected from the Web of Science database. Then, bibliometrics, the creation of maps from network data, as well as the illustration and exploration of those maps were conducted with the HistCite 12.03.1 and VOSviewer 1.6.20 software programs. The analytical results showed that the most profound barriers of sustainable construction are classified into 12 groups: price, economic parameters, awareness, technical, policy and regulations, design, management and government, environmental, social, materials, planning, and market.

Assessing the impact of three emission (3E) parameters on environmental quality in Canada: A provincial data analysis using the quantiles via moments approach

ABSTRACT Existing studies rarely examine the simultaneous effects of three emitting indicators (3E) – full emitting non-renewable, non-emitting renewable, and low-emitting nuclear - on three specific greenhouse gases: CO2, CH4, and N2O. We investigate the impact of three energy types on environmental quality, using Canadian data from 1990-2022. It incorporates macroeconomic policies, economic uncertainty, geopolitical risks, and eco-innovation, and employs the quantiles via moments method to explore the evolving relationships among these factors, considering provincial variances. Findings reveal that non-renewable energy sources deteriorate environmental quality by increasing CO2, CH4, and N2O emissions across all quantiles (from q.5 to q.95), while renewable and nuclear energies, along with eco-innovation initiatives, have a beneficial effect by reducing greenhouse gas emissions across all quantiles. Economic policy uncertainty is a contributing factor to greenhouse gas emissions across all quantiles, whereas geopolitical risks primarily impact the middle to upper quantiles (from q.50 to q.95). To counteract the lack of cross-sectional dependence in the quantiles via moments methodology, this paper employs Driscoll and Kraay’s standard errors approach to fortify its findings’ reliability. It concludes with policy suggestions promoting renewable energy and eco-innovation through increased investment, vibrant long-term policies, provincial collaboration, and adoption of green technologies.

Stress testing climate risk: A network-based analysis of the Chinese banking system

Assessing the impact of climate risks on the financial system is one of the most urgent issues currently. We build a network-based climate risk model to explain how a shock from climate policies translates into shocks in the banking system. Then, we conduct macroprudential stress tests on the Chinese banking system under various climate policy scenarios. We show that under the policy target of peaking the carbon in 2030 and CO2 concentration no more than 500 ppm in 2100, individual banks in China will face equity losses ranging from 1.93% to 14.03%, equivalent to an overall loss of 6.94% in 2025. When considering the electric power sector's adoption of green energy technologies, the adverse effects will be slightly mitigated. Our stress tests suggest that the implementation of climate policies should be gradual and consider potential economic impacts so that climate goals can be achieved without undue shocks to the economy.

Effects of Social Capital on the Adoption of Green Production Technologies by Rice Farmers: Moderation Effects Based on Risk Preferences

In the context of global climate change and energy and resource scarcity, understanding the factors that influence the adoption of green production technology by rice farmers and promoting a transformation in agricultural practices towards low-carbon and environmentally friendly methods represent a crucial step towards achieving sustainable development. This study employs an ordered logit model to comprehensively explore the influence mechanism of social capital and risk preference within the adoption of green production technology by rice farmers. Research indicates that social capital can significantly and positively affect rice farmers’ uptake of green production technology. Among various dimensions, it can be seen that the role of social participation emerges as a particularly salient factor. The analysis of risk preference demonstrates that it exerts a negative moderating influence. The heterogeneity analysis results indicate that new-generation and part-time rice farmers prefer adopting new technologies if they possess higher social capital. In light of the findings above, it is recommended that the organizational support of cooperatives and collective action be reinforced; the use of digital technologies in agriculture should be increased; the livelihood changes of rice farmers be considered to meet their heterogeneous needs accurately; and the integration of carbon emission reduction policies and green production technologies be strengthened to promote the widespread adoption of green technologies among rice farmers.

Economic and Environmental Effects of Farmers’ Green Production Behaviors: Evidence from Major Rice-Producing Areas in Jiangxi Province, China

This study examines the economic and environmental impacts of green production practices among farmers. It aims to contribute to sustainable agricultural development, mitigate agricultural non-point source (NPS) pollution, and align environmental protection with economic growth. This paper utilizes survey data from 1345 farm households in the main rice production areas of Jiangxi Province, China, using the example of reduced fertilizer application (RFA) among rice farmers. This study constructs a slack-based measure data envelopment analysis (DEA—SBM) model with undesirable outputs to measure environmental effects and applies an endogenous switching regression model (ESRM) to test the economic and environmental effects of farmers’ adoption of green production technologies. We found the following: (1) The RFA behavior of farmers has a significant positive impact on their net profit per hectare (NPH), helping farmers increase their income, with the increase ranging from 2.05% to 6.54%. (2) Farmers’ RFA behavior has a significant positive impact on agricultural green productivity (AGP), contributing to the improvement of the environment, ranging from 44.09% to 45.35%. (3) A heterogeneity analysis found inconsistencies in the income-enhancing and environmental-enhancing effects at different quantiles of NPH and AGP. Therefore, attention should be placed on improving the agricultural product quality supervision system under the market circulation mechanism, creating land scale conditions conducive to the promotion and application of fertilizer reduction technologies and promoting the implementation of externality internalization compensation systems.

Leveraging Green Finance to Improve SME Sustainability in Nigeria

This research investigates the impact of various dimensions of green finance on the environmental performance of SMEs, focusing on selected manufacturing SMEs in Lagos, Nigeria. Two hundred and fifty surveys were distributed to the designated participants, resulting in the successful collection of 235 completed questionnaires. The data analysis utilized both the Pearson Product Moment Correlation Coefficient (PPMCC) and Path Analysis-Structural Equation Modeling (PA-SEM). The findings indicate a positive association between green investment and green training with SME environmental performance, although the correlation is not statistically significant. This suggests that while green investment and training show potential for enhancing SMEs' environmental performance, further exploration is needed. Conversely, the study confirms a positive and significant relationship between green loans, green technology, and SME environmental performance, highlighting the effectiveness of green loans and technology in promoting environmental responsibility among SMEs. In light of these results, it is recommended that governmental bodies, financial institutions, and other stakeholders provide financial incentives and support to SMEs for the adoption of green technology and green loans. Additionally, a collaborative effort is encouraged to actively promote green training initiatives for SME employees. This collective approach aims to cultivate a sustainable and environmentally conscious business environment, aligning with the overarching objectives of environmental sustainability.

The role of geographic distances in green industrial pilot policies evaluation: A sustainability transition perspective.

Green industrial policies (GIPs) aim to promote the adoption ofgreen technology within a sustainability framework. While previous evaluations of GIP have focused more on the policy itself and the impacts within the policy boundaries, this paper further introduces the geographical factor to analyze the impact of different spatial geographic distances on implementing GIP. By integrating geographic distances into a spatial difference-in-differences analysis to assess the effects of municipal green industry policies (referred to as green industry pilot policies in this paper) enacted in 11 cities in China from 2006 to 2010, we find that these policies not only improve environmental and economic outcomes in targeted regions but also have spillover effects that may affect neighboring areas negatively, highlighting the importance of geographic considerations. The effectiveness of green industrial policies varies across cities, influenced by local socio-technical systems and regional characteristics such as infrastructure and information technology. These findings suggest that policy impacts are complex and multifaceted, requiring a comprehensive understanding of geographic interdependencies. By incorporating geographic factors, this research contributes to sustainability transition theory by offering insights into the spatial and temporal dynamics of socio-technical systems. The results underscore the need for policymakers to consider spatial-temporal aspects and potential secondary effects on adjacent regions when designing and implementing green industrial policies.

Adoption of green production technologies by farmers through traditional and digital agro-technology promotion–An example of physical versus biological control technologies

Traditional and digital agro-technology promotion are two critical methods for disseminating agricultural technology information, which effectively encourages farmers to employ green production technologies. This paper empirically examines the effects of traditional and digital agro-technology promotion on the adoption of green production technologies by 619 apple producers in the primary apple production area of Guanzhong Plain, China, using micro-survey data. The study's findings suggest that both promotion models significantly influence the adoption of green production technologies by farmers. This conclusion remains valid after the instrumental variables approach and a series of robustness tests are implemented to address endogeneity concerns. The heterogeneity analysis revealed that the impact of the two promotion modes on the adoption behavior of green production technologies by farmers varied by scale. Specifically, digital agro-technology promotion had a greater impact on the adoption of physical control technologies by small-scale farmers, while traditional agro-technology promotion had a greater impact on the adoption of biological control technologies by large-scale households. In addition, the technological differences between traditional agrotechnology promotion and digital agrotechnology promotion result in clear complementary and substitution effects. The two modes of promotion have evident complementary effects for biological control technologies. The two modalities of promotion for physical control technologies exhibit complementary effects between social communication-type promotions and traditional agro-technology promotions, as well as substitution effects between short-video promotions and traditional agro-technology promotions.

Effect of farmland scale on agricultural green production technology adoption: Evidence from rice farmers in Jiangsu Province, China

Agricultural green production technology (AGPT) is crucial for mitigating farmland pollution and degradation, as well as promoting green agricultural development. Using data from 774 rice farmers in the 2021 China Land Economy Survey (CLES), the study analyzes the impact mechanisms and mediating pathways of farmland scale on AGPT adoption at both the farmer and plot levels. The study also reveals the differences in impact based on the heterogeneity of plot concentrations and technological attributes. The results show that: (1) Farmland scale positively impacts AGPT adoption, both at the farmer and plot level. (2) Farmland scale positively impacts AGPT adoption at two levels by affecting commercialization rate, time preference, and machinery investment. (3) The positive impact of farmland scale are heterogenous at two levels. When rice is scatteringly planted, plot scale has a more significant impact on AGPT adoption than operation scale; however, when rice is concentratedly planted, the situation is the opposite. Additionally, when faced with "capital-increasing, labor-saving, and risks-increasing" technology, operation scale has a more significant impact on AGPT adoption than plot scale; however, when faced with "capital-stabilizing, labor-increasing, and risks-controlling" technologies, the situation is the opposite. These findings help to provide policy implications for promoting AGPT adoption and sustainable farmland use.

The Effect of Green Technology Implementation, Agricultural Product Innovation, and Green Technology Infrastructure Investment on Local Economic Growth in West Java

This study examines the effects of green technology implementation, agricultural product innovation, and green technology infrastructure investment on local economic growth in West Java. Utilizing a quantitative approach, data were collected from 120 respondents using a Likert scale and analyzed through Structural Equation Modeling-Partial Least Squares (SEM-PLS 3). The findings reveal that green technology implementation, agricultural product innovation, and green technology infrastructure investment all significantly and positively impact local economic growth. The results emphasize the importance of sustainable practices and innovation in fostering economic development. The study provides insights for policymakers and business leaders to promote green technology adoption, support agricultural innovation, and invest in infrastructure to drive sustainable economic growth. Future research should explore additional variables and broader geographical contexts to enhance the model's explanatory power.

Bibliometric Analysis of Green Technology Research Trends and Their Impact on the Global

Green technology has emerged as a critical field of research due to growing global concerns about climate change and environmental degradation. This study conducts a bibliometric analysis to explore research trends in green technology and their impact on the global economy. The analysis covers publications from 1981 to 2024 and reveals a significant increase in research output, particularly after 2000, driven by global efforts to promote sustainability. Key themes identified include green technology innovation, investment, green growth, and technical advancements in green chemistry and solvents. China and the United States lead in research output and international collaboration, highlighting the global nature of green technology research. However, challenges such as the high costs of green technology adoption and the need for more interdisciplinary research persist. This study concludes that while green technology research has made substantial progress, future efforts must focus on making these technologies more economically viable and accessible, particularly in developing regions.

E-commerce operations and technology perceptions in promoting farmers' adoption of green production technologies: Evidence from rural China

Agricultural green production is vital for ensuring product quality, safety, and mitigating environmental issues. E-commerce operations have emerged as a key driver of green production transformation. Based on a sample of 704 farm households in Jiangsu Province, this study employs a two-way fixed-effects model, Propensity Score Matching (PSM), Instrumental Variable Probit (IVProbit), and Extended Regression Model (ERM) to address endogeneity, alongside stepwise regression to test the mediating role of technology cognition. The results show that e-commerce operations significantly and positively influence the adoption of green production technologies among farmers, with technology cognition acting as a positive mediator. The impact of e-commerce on technology adoption varied across different age groups and geographical terrains, with older farmers and those in plain regions benefiting the most. Additionally, e-commerce played a crucial role in the adoption of green technologies, particularly in the use of organic fertilizers. To promote the broader adoption of green technologies among farmers, it is recommended that governments strengthen e-commerce support systems, enhance technical training for farmers, improve the inclusivity of e-commerce platforms, and address gaps in the availability of green production technologies.

THE GENESIS AND EVOLUTION OF THE THEORETICAL DISCOURSE OF ECOLOGICAL ECONOMICS

The article examines key trends and challenges in the modern global economy. Over the last four decades, structural changes have profoundly impacted industries and economic relations, emphasizing a growing divide between advanced and developing nations. This gap exacerbates existing inequalities, with developed countries often reaping more benefits from globalization, while developing nations face difficulties in keeping up. One of the most significant drivers of these transformations is the rapid pace of technological advancement. New industries and economic models have emerged, making innovation and digitalization central to modern economies. These changes are reshaping production methods, resource allocation, and labor structures, effectively marking a new industrial revolution and pushing even traditionally slow-to-adapt sectors to evolve rapidly. Simultaneously, the global economy faces increasing environmental challenges, including climate change, pollution, and resource depletion. The difficulty of achieving a lasting balance between economic growth and environmental sustainability is becoming more pressing. Without addressing these issues, economic systems risk further destabilization, deepening environmental crises and threatening long-term global stability. Given these intertwined challenges, there is a growing need for a comprehensive re-evaluation of the relationship between economic activities, social processes, and the natural environment. It has been emphasized that ecological economics, which integrates environmental concerns into economic theory, offers a valuable framework for understanding how to manage economic growth without exceeding the planet’s ecological limits. Future research and policy should not only address current challenges but also anticipate new approaches to resource management and ecological preservation. These approaches might include transitioning to circular economies, expanding the adoption of green technologies, and prioritizing renewable energy sources. In this context authors believe that it is crucial for policymakers, businesses, and civil society to collaborate in shaping new economic models that prioritize both human and environmental well-being. Only through such joint efforts can we hope to achieve sustainable economic growth that aligns with the planet's ecological boundaries, ensuring a stable future for generations to come.

Green technology based agricultural product quality and market prices in China

Agriculture is a substantial contribution to world economies, and its environmental influence cannot be overstated. As a result, agricultural production has changed over time to incorporate more environmentally friendly practices, such as the usage of green technologies. The purpose of this study is to investigate the impact of agri and green technology adoption on agricultural product market prices, with an emphasis on product quality and environmental consciousness. Surveys were used to collect data from 750 agricultural producers and consumers, and statistical analysis was performed to determine the relationship between technology adoption, product quality, environmental consciousness, and market prices. The data show that there is a considerable positive association between green technology adoption and product quality, which has a favorable impact on market prices. Likewise, the impact of agricultural technology adoption on product quality and market pricing was statistically significant. The study also discovered that consumer environmental knowledge has a considerable positive effect on market prices. These findings show that more investment in green technology adoption is required to improve product quality and meet the growing demand for ecologically friendly agricultural products. Likewise, efforts to raise consumer environmental awareness may help drive market prices higher and incentivize producers to adopt more sustainable farming practices. This study emphasizes the necessity of sustainable agriculture practices and the need to promote the adoption of green technologies in order to ensure the agricultural industry’s long-term sustainability.

Incentivizing green building technology: A financial perspective on sustainable development in India

Future viability depends on ensuring a sustainable society because green energy methods may efficiently reduce greenhouse gas emissions. Nevertheless, stakeholders, consumers, and developers continue to be notably ignorant of the financial incentives connected to green technology. Moreover, there is still a dearth of studies on the range of financial incentives offered by different authorities in India. Monetary incentives, such as tax breaks, indirect tax exemptions, and refunds, are crucial in encouraging the use of green technology in the modern world. This study explores the importance of financial incentives for green building technologies in India, which also looks at the wide range of incentives provided by federal, state, and local governments. Furthermore, the study highlights various state government programs such as goods subsidies, exemptions from local taxes, and fee waivers. Notably, several incentives aimed at consumers, developers, and other stakeholders have been implemented by the Indian Green Building Council (IGBC). This review study emphasizes the effectiveness of financial incentives in green construction projects and draws attention to a clear knowledge gap regarding the adoption of green technology. This study also provides insights into potential future directions. Studies and research results emphasize the importance of spreading the word about financial incentives as a key factor in determining the adoption of green technologies. Many parties, including governmental organizations, municipal governments, developers, and clients engaged in green building technology projects, stand to gain increased awareness.

Can environmental taxes and green technological investment ease environmental pollution in China?

This study examines the complex relationship between environmental taxation, green technology, green investment, real GDP, and environmental pollution by employing the Nonlinear autoregressive distributive lag model for China. The findings indicate that environmental tax policies have significant short- and long-term effects, with positive shocks leading to pollution reductions. The positive and negative shocks to green investment increase pollution levels in the long run. Moreover, the real GDP displays pollution reductions in the short run. The results provide valuable insights into China's environmental and economic situation and offer policy recommendations. These findings were confirmed using the Wald test. The findings emphasize China's need for stronger environmental taxes, green technology adoption, evaluated green investments, and sustainable economic growth to achieve cleaner production and environmental sustainability.

A Lost Opportunity? Environmental Investment Tax Incentive and Energy Efficient Technologies

AbstractThis paper examines the impact of the Spanish Environmental Investment (EI) tax credit on adoption of green technologies by employing data from 2567 industrial firms for 6 years. It makes use of the sudden re-introduction of the tax incentive in March 2011, that aimed at favouring energy efficient over solely pollution abating technologies. I exploit this unexpected change and perform a difference-in-differences analysis to study its effect on green investments and as an extention on green employment outcomes. The policy change, aimed at switching financing to energy efficient technologies, is assessed as semi-effective. Admittedly, it decreased investment in end-of-pipe technologies, but the investment in superior cleaner production technologies increased only for the small firms (below 50 employees), which are especially vulnerable to the capital market failure. Unfortunately, the policy change had also a few unexpected indirect effects, firms in response to the tax incentive regime modification reduced the number of their green employees and their associated salaries. In stark contrast to the decision of the Spanish government on this EI tax credit, the results of this analysis seem to be quite encouraging for the continued use of this green fiscal policy and show that the modifications in the precision of the existing fiscal policies can be successful.

Impact of the degree of agricultural green production technology adoption on income: evidence from Sichuan citrus growers

Enhancing farmers’ adoption of agricultural green production technology (AGPT) is crucial for the green transformation of the agricultural sector. Obtaining additional income is the primary motivation for farmers to adopt AGPTs. Therefore, clarifying the relationship between AGPTs’ adoption degree and income will facilitate the possibility of farmers’ adoption of AGPTs. Based on research data obtained from 805 citrus farmers in Sichuan Province, this study examines the impact of the degree of AGPT adoption on farmers’ income and its mechanisms using the inverse probability weighted regression adjustment (IPWRA) model. These findings indicate: (1) The greater the degree of adoption of AGPTs by farmers, the more pronounced the impact on income increase. Using 1, 2, and 3 AGTs can increase farmers’ income from citrus sales by 7.1, 10.5, and 19.8 percentage points, respectively. (2) The adoption of AGPTs leads to increased income through higher yields and sales prices, which offset the incurred costs. (3) Market channels and farmers’ operating scales can affect the revenue effect of AGPT adoption. (4) Factors (i.e., education level, physical health status, and cultivation area) can affect farmers’ adoption of AGPTs. This study presents policy recommendations based on the above conclusions, aiming to guide the government in promoting AGPTs and advancing agricultural green transformation.

The Role of Fiscal Support in Promoting the Application of Green Technologies in Sustainable Agriculture in China

This paper aims to explore the relationship between fiscal support and the promotion of sustainable agriculture, with a specific focus on development in China. Also, this paper aims to explore and research challenges during the process of carrying out fiscal support. It also examines how fiscal support can be effectively utilized to encourage and incentivize the adoption of innovative green agriculture technologies in sustainable agriculture. This research is meaningful to the development of sustainable agriculture on the future and enlightening to the future research on cooperation among governments, farmers, and agricultural technology companies. This paper gathers information from China and the author conducts field visit to get the result in this paper. The author reviews the findings of the literature of fiscal support and sustainable agriculture. The author finds that the combination of subsidies, tax incentives, loan programs, and research funding is widely and effectively utilized in fiscal support of sustainable agriculture in China generally. However, there are challenges during the process of carrying out fiscal support and the author analyzed out several suggestions for them. The result of this research of this paper can foster the development of fiscal support and broaden this field.