Green Revolution: How New Quality Productivity Drives Carbon Emission Reduction in China?
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This study investigates the carbon mitigation effects of new quality productive forces in China. From a methodological perspective, this article is based on dynamic panel data from 30 provinces in China from 2011 to 2020, using various analysis methods including econometric model, spatial econometric model, and panel threshold model to systematically examine their interaction relationships and spatiotemporal evolution characteristics. Research has found that: Firstly, the development of new quality productivity can significantly promote carbon emissions reduction; Secondly, green technology innovation and green total factor productivity are important channels for promoting carbon reduction through new quality productivity; Thirdly, there are spatial spillover effects and non-linear threshold effects on the carbon emission reduction impact of new quality productivity. Furthermore, the research findings can provide empirical evidence and policy references for fully leveraging the carbon emission reduction role of new quality productivity, and contribute to the green revolution in modern society.