Abstract Based on the provincial data, this paper uses a two-stage network SBM model to measure the efficiency of industrial green innovation from 2008 to 2017 in China.The empirical results indicate that although the R&D efficiency has been improved to some extent in recent years, the R&D efficiency and the transformation efficiency of technological achievements are still at a low level, and the trend of two-level differentiation within regions is obvious. And there is a strong positive spatial correlation between financial agglomeration and two-stage industrial green innovation efficiency.Therefore,financial agglomeration can only promote the efficiency of R&D, but it is not obvious in the stage of technological achievement transformation. The spatial spillover effect of financial agglomeration only exists in the stage of technological achievements transformation.
2021, Vol. 38 
[an error occurred while processing this directive] | [an error occurred while processing this directive]
