Sustainable Transformation Paths for Value Realization of Eco-Products Empowered by New Quality Productivity: Based on Provincial Panel Data in China

With the increasing awareness of human environmental protection, eco-products, a green and sustainability resource, are increasingly valued; however, the dynamics that drive the realization of the environmental benefits of the products are poorly understood. Therefore, this study investigates the role of new quality productivity in influencing the realization of eco-product value in China as an example. This study applies the fixed effects model to verify the hypotheses presented in the article through robustness and endogeneity tests, and explores the impact of neoplastic productivity in more depth through heterogeneity and threshold effects tests. This study finds that new productivity has a significant effect on the realization of eco-product value, and there is a non-linear threshold feature, which is still valid after the robustness test; the mechanism analysis shows that the advanced industrial structure and the green technology innovation constitute the main transmission path, while the population urbanization rate plays a positive moderating role; and the test of heterogeneity reveals that the effect of the eastern region and the region with high development of the digital economy is more significant. The results show that the new quality of productive forces provides the core energy to break the dichotomy between ecological protection and economic development, and realize sustainable development in which human beings and nature coexist harmoniously. The conclusions additions are as follows. China should adopt a strategy that differentiates between regions and levels of digital economic development, while paying attention to the threshold effect of environmental protection expenditure and total mechanical power per hectare of crop sown area, in order to promote the efficient development of new quality productivity and provide impetus for the realization of the value of ecological products.