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Scientia Silvae Sinicae ›› 2023, Vol. 59 ›› Issue (1): 1-11.doi: 10.11707/j.1001-7488.LYKX20220450

• Frontier & focus: theory and practice of forestry promoting common prosperity • Previous Articles     Next Articles

Economic Conversion Efficiency of Forest Ecological Capital in National Pilot Area of China and Its Influencing Factors

Fanbin Kong1,2,3,Wenjie Cheng2,Caiyao Xu1,2,*,Yu Lu2,Yueqin Shen1,2   

  1. 1. Institute of Ecological Civilization, Zhejiang A&F University/Research Academy for Rural Revitalization of Zhejiang Province, Zhejiang A&F University Hangzhou 311300
    2. College of Economic Management, Zhejiang A&F University Hangzhou 311300
    3. School of Economic Management, Nanjing Forestry University Nanjing 210037
  • Received:2022-07-01 Online:2023-01-25 Published:2023-02-24
  • Contact: Caiyao Xu

Abstract:

Objective: This study aims to provide a scientific basis for improving the ecological product value realization mechanism and promoting the high-quality development of the forest ecological capital-rich regional economy, through investigating the economic conversion efficiency of forest ecological capital in Lishui City, Zhejiang Province in China, the pilot area of the national ecological product value realization mechanism, and clarifying the efficiency mechanism of forest ecological capital promoting regional economic growth. Method: In this study, a forest ecological capital input-output index system was constructed.The super-efficient SBM-Malmquist model, least squares (OLS) model, fixed effect and random effect model, and spatio-temporal geographic weighted regression model (GTWR) were used to analyze the efficiency, change characteristics, main influencing factors and influencing mechanism of the economic conversion of forest ecological capital in Lishui City, Zhejiang Province from 2011 to 2019, with the help of Stata and ArcGIS software. Result: Forest ecological capital had a positive impact on regional economic growth, that was, under the condition of keeping factors, such as forestry labor, physical capital and forest land area, unchanged, the marginal efficiency of economic growth increased by 0.076% for every 1% increase in forest ecological capital, which had a positive effect on regional economic growth.Overall, the regional openness in Suichang County, Qingyuan County and Longquan City had a significant positive impact on the economic conversion efficiency of forest ecological capital, but there was a negative correlation between the two in the other regions.The improvement of per capita disposable income had a good role in promoting the economic conversion efficiency of forest ecological capital in most areas.The industrial structure of Jingning County and Longquan City had a significant positive impact on the economic conversion efficiency of forest ecological capital, while the industrial structure in the other regions had a significant negative impact on the economic conversion efficiency of forest ecological capital.In general, the influencing factors had obvious characteristics of spatial-temporal heterogeneity. Conclusion: The economic conversion of forest ecological capital and the efficient promotion of regional economic growth are not only limited by regional natural resource endowments and the investment of science and technology, talents and funds, but also rely on scientific and reasonable allocation of production factors.Therefore, it is necessary to improve the rational allocation of forest ecological capital factors under environmental and resource constraints, reduce resource misallocation, and promote the coordinated improvement of factor agglomeration level and economic growth efficiency.

Key words: forest ecological capital, economic conversion, regional economic growth, efficiency, influencing factors

CLC Number: