Can the Pilot Policies for Innovative Development of Service Trade Improve the Green Total Factor Productivity?
SHAO Wei1,2, WEI Saite2
1. Institute of Zhejiang Eight-eight Strategy, Hangzhou 310018, China; 2. School of Economics, Zhejiang University of Finance and Economics, Hangzhou 310018, China
Abstract Based on city-level panel data from 2011—2023, this study applies a staggered DID model to systematically assess the impact path and mechanism of pilot policies for innovative development of service trade on GTFP. The results show that the pilot policies for the innovative development of service trade have a significant promoting effect on the GTFP of cities. This conclusion remains valid after undergoing a series of robustness tests. The mechanism of action indicates that the upgrading of green innovation capabilities and the optimization of resource allocation efficiency are important paths for promoting the growth of green total factor productivity. The heterogeneity analysis reveals that the policy promoting the innovative development of service trade has a more significant positive effect on green total factor productivity in regions with a weaker foundation in the service industry, a larger urban scale and stricter environmental regulations. This study provides empirical evidence and policy insights for achieving China’s goal of pursuing a path that delivers both economic growth and environmental improvement.
SHAO Wei,WEI Saite. Can the Pilot Policies for Innovative Development of Service Trade Improve the Green Total Factor Productivity?. Economic Survey, 2026, 43(2): 091.