Study On The Mechanism Of Driving China Across The Middle-Income Trap With Green Innovation

At present,China is in the juncture of changing the mode of development,optimizing the economic structure and transforming the growth momentum.The juncture means that it is possible to be stagnation or retrogression of national economy as the national innovation ability is insufficient,then sticking in the middle-income trap(MIC)for a long time.In 2008,China's per capita GDP exceeded 3,000 US dollars for the first time,ranking 106th in the world and ranking among middle income countries.But the subsequent slowdown has raised concerns about whether the economy falls into the middle-income trap;whether China can overcome the middle-income trap has become a development problem that China must face and solve.This thesis explores the path across the middle-income trap through the development concept of green innovation.This is because since China put forward the "five development concepts",green development has gradually become the main theme of China's development.Economic growth is no longer suitable for the extensive style of economic growth,but should be transformed into an intensive economy through the improvement of green total factor productivity.Thus,green innovation provides impetus to cross the"middle-income trap".On the analysis of the cross and into a "middle-income trap" of countries on the basis of the experiences and lessons,this article constructs the SBM model,input-output ratio in each region of China,by calculed the decomposition of total factor productivity,Tobit regression the mainspring of economic growth from the green innovation.It is concluded that the TFP change comes mainly from technological progress,and the optimization of China's green innovation technology development area,the resource input into almost expected output,such as carbon,industrial waste slag undesired output greatly reduced.At the same time,we will lead the non-optimized development areas to achieve green innovation drive,and push China to cross the middle-income trap.Then,this thesis divides green innovation into four elements:technological innovation,energy saving,environmental improvement and ecology environment.Through the co-integration test of the relationship between the four elements of green innovation and economic growth,it is concluded that economic growth is negatively correlated with energy consumption and carbon dioxide emissions,and positively correlated with the number of patent authorization,green space area and the number of R&D personnel FTE.This thesis analyzes the foundation and challenge of China crossing the "middle income trap".This thesis selects technology cycle,global innovation index and policy support to discuss the basis for China to cross the trap.As the largest energy consumer,how to reduce the use of non-renewable energy by a large margin will be the challenge for China to cross the"middle income trap".