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ORIGINAL RESEARCH article
Front. Environ. Sci.
Sec. Environmental Policy and Governance
Volume 13 - 2025 |
doi: 10.3389/fenvs.2025.1524824
This article is part of the Research Topic Advancing Carbon Reduction and Pollution Control Policies Management: Theoretical, Application, and Future Impacts View all 22 articles
Environmental Technology's Diminishing Marginal Returns: A Study of Green Patents and Emission Reductions in China
Provisionally accepted- 1 Shandong Normal University, Jinan, China
- 2 Shandong Yingcai University, Jinan, Shandong, China
Do environmental technologies always yield desirable returns? This paper attempts to answer this question from the perspective of a command-and-control environmental regulation. By constructing a socio-economic model that incorporates pollution discharge issues, this paper explores the mechanisms affecting the efficacy of technology in reducing emissions. It finds that under equilibrium conditions, the existing technological challenges render the marginal effects of emission reduction through technology to exhibit non-linear characteristics, leading to diminishing marginal returns on technological innovation. Drawing on green patent data from Chinese listed companies spanning 2005-2020 and pollution emissions data from various cities, this study empirically validates this conclusion using fixed effects models and generalized random forest models. It further analyzes patent categories and city characteristics to identify factors that can influence technological emission reduction, thereby proposing strategic recommendations.
Keywords: Environmental technology, Green patents, treatment effects, Fixed effects model, generalized random forest
Received: 08 Nov 2024; Accepted: 15 Jan 2025.
Copyright: © 2025 Yin, Xu, Li and Wu. This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY). The use, distribution or reproduction in other forums is permitted, provided the original author(s) or licensor are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.
* Correspondence:
Jia Li, Shandong Normal University, Jinan, China
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