Open AccessEconomic Growth, Environmental Efficiency, and Industrial Transfer Demonstration Zones of China: A Way Forward for CPEC
Author(s) -
Farhaosheen,
Muhammad Imran,
Sadia Anjum,
Robina Kouser
Publication year - 2021
Publication title -
review of applied management and social sciences
Language(s) - English
Resource type - Journals
eISSN - 2708-3640
pISSN - 2708-2024
DOI - 10.47067/ramss.v4i2.136
Subject(s) - china , business , transfer (computing) , transfer efficiency , environmental quality , environmental economics , panel data , special economic zone , industrial organization , natural resource economics , economics , computer science , engineering , geography , ecology , biochemical engineering , archaeology , parallel computing , econometrics , biology
Environmental efficiency, industrial transfer demonstration zones, and carbon transfer networks can impact the quality of the environment. This paper examines the relationship between environmental efficiency, carbon transfer networks, and national industrial transfer demonstration zones tested by utilizing some prefectural-level Chinese cities’ panel data from 2003 to 2017 through the Different-in-Difference method as way forward for China Pakistan Economic Corridor (CPEC). The results show that environmental efficiency improved with industrial transfer demonstration zones by boosting the ability to innovate, government’s expenditure on the environment, and regulatory frameworks for the environment. The findings reflect a significant increase in the GDP of the triennial industry while an insignificant decrease. Hence, to promote all-inclusive first-rate development, regional collaborative must be ensured during industrial transformation demonstration.