Abstract: With the deterioration of China's ecological environment, green technology innovation has become an important way for the transformation and upgrading of manufacturing industry under the constraints of environmental regulation. We use the mechanism of environmental regulation, green technology innovation and the transformation and upgrading of China's manufacturing industry as an entry point, and GMM estimation method is used to test the impact of environmental regulation on technological innovation and green technology innovation on manufacturing transformation and upgrading. The results show that strict environmental regulation will promote enterprises to carry out green technology innovation, and green technology innovation and manufacturing transformation and upgrading have a U-shaped relationship. We further divide the national sample into the eastern region and the central and western regions to exam the regional differences in the transformation and upgrading of green technology innovation. The results show that the green technology innovation level in the eastern and the central and western regions is located on the left side of the U-shaped curve. With the continuous implementation of green technology innovation, the central and western regions will reach the “threshold value” of the U-shaped curve and achieve transformation and upgrading of the manufacturing industry earlier than the eastern region.

摘要： 随着中国生态环境的恶化，绿色技术创新已成为环境规制约束下制造业转型升级的重要途径。基于环境规制、绿色技术创新和中国制造业转型升级的作用机理，运用GMM估计法检验环境规制对技术创新及绿色技术创新对制造业转型升级的影响。结果表明，严格的环境规制会促进企业进行绿色技术创新，绿色技术创新与制造业转型升级呈U型关系。进一步将全国样本分为东部地区和中西部地区，检验绿色技术创新对制造业转型升级的区域性差异。结果表明，东部和中西部地区的绿色技术创新水平均位于U型曲线左侧。随着绿色技术创新的不断实施，相比于东部地区，中西部地区会更早到达U型曲线的“门槛值”，实现制造业转型升级。