Impact of energy technology patents in China: Evidence from a panel cointegration and error correction model

摘要: Abstract Enhancing energy technology innovation performance, which is widely measured by patents through research and development (R&D) activities, a fundamental way to implement conservation emission abatement. This study analyzes the effects of R&D investment economic growth, price on in 30 provinces China over period 1999–2013. Several unit root tests indicate that all above variables are generated panel processes, cointegration model confirmed among variables. In order ensure consistency estimators, Fully-Modified OLS (FMOLS) method adopted, results activities growth have positive while has negative effect. However, error correction models relationship helps promote but it reduces short term. Therefore, market-oriented measures including financial support technical transformation policies for low-carbon technologies, an effective mechanism, especially targeted fossil-fuel subsidies their die away mode vital promoting China's innovation.