The impact of environmental regulation on enterprise green innovation
Economic Analysis and Policy, ISSN: 0313-5926, Vol: 84, Page: 1933-1944
2024
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Example: if you select the 1-year option for an article published in 2019 and a metric category shows 90%, that means that the article or review is performing better than 90% of the other articles/reviews published in that journal in 2019. If you select the 3-year option for the same article published in 2019 and the metric category shows 90%, that means that the article or review is performing better than 90% of the other articles/reviews published in that journal in 2019, 2018 and 2017.
Citation Benchmarking is provided by Scopus and SciVal and is different from the metrics context provided by PlumX Metrics.
Article Description
This paper evaluates the real effects of the environmental regulation at the firm level. Using the implementation of Chinese Air Pollution Prevention and Control in 2013 as a quasi-natural experiment,difference-in-differences estimation shows that: (1) environmental regulation significantly improve the application of green innovation by firms, and this relationship is robust to different specifications and alternative measures; (2) three possible channels are the improved levels of the environmental protection subsidy, total factor productivity (TFP) and environmental protection investment of enterprises; (3) our findings are particularly pronounced in subsamples with the application of utility green innovation and state-owned enterprises (SOEs). Overall, this paper reveals the micro-mechanisms behind the real effects of environmental regulation on firm green innovation, thus providing timely implications for regulators concerned with environmental protection.
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