A dynamic panel threshold model analysis on heterogeneous environmental regulation, R&D investment, and enterprise green total factor productivity
Dai, J., Chen, B., Hayat, T., Alsaedi, A. & Ahmad, B. Sustainability-based economic and ecological evaluation of a rural biogas-linked agro-ecosystem. Renew. Sustain. Energy Rev. 41, 347â355. https://doi.org/10.1016/j.rser.2014.08.043 (2015).
Lu, W. X., Wu, H. C. & Geng, S. S. Heterogeneity and threshold effects of environmental regulation on health expenditure: Considering the mediating role of environmental pollution. J. Environ. Manag. 297, 113276. https://doi.org/10.1016/j.jenvman.2021.113276 (2021).
Wang, A. L., Hu, S. & Lin, B. Q. Can environmental regulation solve pollution problems? Theoretical model and empirical research based on the skill premium. Energy Econ. 94, 105068. https://doi.org/10.1016/j.eneco.2020.105068 (2021).
Lu, W. X., Wu, H. C., Yang, S. J. & Tu, Y. L. Effect of environmental regulation policy synergy on carbon emissions in China under consideration of the mediating role of industrial structure. J. Environ. Manag. 322, 116053. https://doi.org/10.1016/j.jenvman.2022.116053 (2022).
Zhang, D. Y., Zhao, R. & Ji, Q. Green innovation and firm performance: Evidence from listed companies in China. Resour. Conserv. Recycl. 144, 48â55 (2019).
Romer, P. Endogenous technological change. J. Political Econ. 5, 71â102 (1990).
Ahmed, E. M. Modelling green productivity spillover effects on sustainability. World J. Sci. Technol. Sustain. Dev. 17(3), 257â267. https://doi.org/10.1108/WJSTSD-01-2020-0009 (2020).
Abid, N., Ahmad, F., Aftab, J. & Razzaq, A. A blessing or a burden? Assessing the impact of Climate Change Mitigation efforts in Europe using Quantile Regression Models. Energy Policy 178, 113589 (2023).
Jaffe, A. B. & Stavins, R. N. Dynamic incentives of environmental regulations: The effects of alternative policy instruments on technology diffusion. J. Environ. Econ. Manag. 3, 43â64 (1995).
Hamamoto, M. Environmental regulation and the productivity of Japenese manufacturing industries. Resour. Eng. Econ. 4, 299â312 (2006).
Zhao, X. & Sun, B. The influence of Chinese environmental regulation on corporation innovation and competitiveness. J. Clean. Prod. 20, 1528â1536 (2016).
Jaffe, A. B. & Palmer, K. Environmental regulation and innovation: A panel data study. Review Econ. Stat. 4, 610â619 (1997).
Fernando, Y., Jabbour, C. J. C. & Wah, W. X. Pursuing green growth in technology firms through the connections between environmental innovation and sustainable business performance: Does service capability matter?. Resour. Conserv. Recycl. 141, 8â20 (2019).
Christiansen, G. B. & Haveman, R. H. The contribution of environmental regulations to slowdown in productivity growth. J. Environ. Econ. Manag. 4, 381â390 (1981).
Xie, R., Yuan, Y. & Huang, J. Different types of environmental regulations and heterogeneous influence on âgreenâ productivity: Evidence from China. Ecol. Econ. 2, 104â112 (2017).
Jaffe, A. B., Peterson, S. R., Portney, P. R. & Stavins, P. N. Environmental regulation and the competitiveness of US manufacturing: what does the evidence tell us. J. Econ. Lit. 4, 853â873 (1994).
Porter, M. E. Towards a dynamic theory of strategy. Strateg. Manag. J. 12(S2), 95â117 (1991).
Boyd, G. A., Tolley, G. & Pang, J. Plant level productivity, efficiency, and environmental performance of the container glass industry. Environ. Resour. Econ. 23(1), 29â43 (2002).
Leeuwen, G. & Mohnen, P. Revisiting the Porter Hypothesis: An empirical analysis of green innovation for the Netherlands. Econ. Innov. New Technol. 26(1â2), 63â77 (2017).
Rens, G., Li, X. L. & Yuan, B. L. The effect of three types of environmental regulation on eco-efficiency: A crossregion analysis in China. J. Clean. Prod. 1, 245â255 (2018).
Heuser, C., Mattoo, A. Services Trade and Global Value Chains in Policy Research Working Paper (World Bank) No. 8126 (Washington, DC, 2017).
Li, R. & Ramanathan, R. Exploring the relationships between different types of environmental regulations and environmental performance: evidence from China. J. Clean. Prod. 196, 1329â1340. https://doi.org/10.1016/j.jclepro.2018.06.132 (2018).
Guo, L. L., Qu, Y., Wu, C. Y. & Wang, X. L. Identifying a pathway towards green growth of Chinese industrial regions based on a system dynamics approach. Resour. Conserv. Recycl. 128, 143â154 (2018).
Van, L. G. & Mohnen, P. Revisiting the Porter hypothesis: An empirical analysis of green innovation for The Netherlands. Econ. Innovat. N. Technol. 26, 63â77 (2017).
Ma, R., Abid, N., Yang, S. & Ahmad, F. From crisis to resilience: strengthening climate action in OECD countries through environmental policy and energy transition. Environ. Sci. Pollut. Res. 17(3), 1â16 (2020).
Cui, S. N., Wang, Y. Q., Zhu, Z. W., Zhu, Z. H. & Yu, C. Y. The impact of heterogeneous environmental regulation on the energy eco-efficiency of Chinaâs energy-mineral cities. J. Clean. Prod. 350, 131533. https://doi.org/10.1016/j.jclepro.2022.131553 (2022).
Fang, Y. & Shao, Z. Whether green finance can effectively moderate the green technology innovation effect of heterogeneous environmental regulation. Int. J. Environ. Res. Public Health 19, 3646. https://doi.org/10.3390/ijerph19063646 (2022).
Luo, Y. S., Salman, M. & Lu, Z. N. Heterogeneous impacts of environmental regulations and foreign direct investment on green innovation across different regions in China. Sci. Total Environ. 759, 143744. https://doi.org/10.1016/j.scitotenv.2020.143744 (2021).
Wang, L. P., Long, Y. & Li, C. Research on the impact mechanism of heterogeneous environmental regulation on enterprise green technology innovation. J. Environ. Manag. 322, 116127. https://doi.org/10.1016/j.jenvman.2021.113276 (2022).
Yi, M., Fang, X. M., Wen, L., Guang, F. T. & Zhang, Y. The heterogeneous effects of different environmental policy instruments on green technology innovation. Int. J. Environ. Res. Public Health 16, 4660. https://doi.org/10.3390/ijerph16234660 (2019).
Song, Y., Yang, T. & Zhang, M. Research on the impact of environmental regulation on enterprise technology innovationâAn empirical analysis based on Chinese provincial panel data. Environ. Sci. Pollut. Res. 26, 21835â21848. https://doi.org/10.1007/s11356-019-05532-0 (2019).
Wang, X., Chai, Y., Wu, W. & Khurshid, A. The empirical analysis of environmental regulationâs spatial spillover effects on green technology innovation in China. Int. J. Environ. Res. Publ. Health 20, 1069 (2023).
Bu, M. L., Qiao, Z. Z. & Liu, B. B. Voluntary environmental regulation and firm innovation in China. Econ. Modell. 89, 10â18. https://doi.org/10.1016/j.econmod.2019.12.020 (2020).
Gray, W. B. & Shadbegian, R. J. Plant vintage, technology, and environmental regulation. J. Environ. Econ. Manag. 46, 384â402 (2003).
Feng, M. & Chen, Y. Q. Impacts of heterogenous environmental regulations on green innovation of new energy firms: empirical evidence from China. J. Environ. Stud. 32, 5029â5046. https://doi.org/10.15244/pjoes/169397 (2023).
Wirth, C., Chi, J. & Young, M. The economic impact of capital expenditures: Environmental regulatory delay as a source of competitive advantage?. J. Bus. Financ. Account. 40, 115â141. https://doi.org/10.1111/jbfa.12009 (2013).
Jeffrey, C. & Perkins, J. D. The Relationship between energy taxation and business environmental protection expenditures in the European Union. Int. J. Account. 49, 403â425 (2014).
Wang, L. P. & Li, C. Experimental research on green technology innovation behavior based on voluntary contribution mechanism. J. Environ. Prot. Ecol. 23, 1345â1353. https://doi.org/10.1016/j.intacc.2014.10.002 (2022).
Berman, E. & Bui, L. T. M. Environmental regulation and productivity: Evidence from oil refineries. Rev. Econ. Stat. 83(3), 10â18 (2001).
Jia, K. & Chen, S. Could campaign-style enforcement improve environmental performance? Evidence from Chinaâs central environmental protection inspection. J. Environ. Manag. 5, 282â290 (2019).
Zhu, X. H., Zuo, X. G. & Li, H. L. The dual effects of heterogeneous environmental regulation on the technological innovation of Chinese steel enterprisesâBased on a high-dimensional fixed effects model. Ecolo. Econ. 188, 107113. https://doi.org/10.1016/j.ecolecon.2021.107113 (2021).
Sun, Z. Y., Wang, X. P., Liang, C., Cao, F. & Wang, L. The impact of heterogeneous environmental regulation on innovation of high-tech enterprises in China: Mediating and interaction effect. Environ. Sci. Pollut. Res. 28, 8323â8336. https://doi.org/10.1007/s11356-020-11225-w (2021).
Tu, Z. G. & Shen, R. J. Can emissions trading scheme achieve the porter effect in China?. Econ. Res. 50, 160â173 (2015).
Zhong, S. H., Xiong, Y. J. & Xiang, G. C. Environmental regulation benefits for whom? Heterogeneous effects of the intensity of the environmental regulation on employment in China. J. Environ. Manag. 281, 111â877 (2021).
Saunila, M., Ukko, J. & Rantala, T. Sustainability as a driver of green innovation investment and exploitation. J. Clean. Prod. 179, 631â641 (2018).
Klewitz, J. & Hansen, E. G. Sustainability-oriented innovation of SMEs: A systematic review. J. Clean. Prod. 65, 57â75 (2014).
Tone, K. A slacks-based measure of efficiency in data envelopment analysis. Eur. J. Oper. Res. 3, 498â509 (2001).
Tone, K. & Tsutsui, M. An epsilon-based measure of efficiency in DEA: A third pole of technical efficiency. Eur. J. Oper. Res. 207, 1554â1563 (2010).
Guo, R. & Yuan, Y. J. Different types of environmental regulations and heterogeneous influence on energy efficiency in the industrial sector: Evidence from Chinese provincial data. Energy Policy 145, 111747. https://doi.org/10.1016/j.enpol.2020.111747 (2020).
Wang, C. & Zhang, Y. J. Does environmental regulation policy help improve green production performance? Evidence from Chinaâs industry. Corp. Soc. Responsib. Environ. Manag. 27, 937â951 (2020).
Li, H. L., Zhu, X. H., Chen, J. Y. & Jiang, F. T. Environmental regulations, environmental governance efficiency and the green transformation of Chinaâs iron and steel enterprises. Ecol. Econ. 165, 106397. https://doi.org/10.1016/j.ecolecon.2019.106397 (2019).
Liu, Y., Li, Z. & Yin, X. The effects of three types of environmental regulation on energy consumptionâEvidence from China. Environ. Sci. Pollut. Res. 25, 27334 (2018).
Zhang, N., Deng, J., Ahmad, F., Draz, M. U. & Abid, N. The dynamic association between public environmental demands, government environmental governance, and green technology innovation in China: Evidence from panel VAR model. Environ. Dev. Sustain. 25(9), 9851â9875 (2023).
Tang, K., Qiu, Y. & Zhou, D. Does command-and-control regulation promote green innovation performance? Evidence from Chinaâs industrial enterprises. Sci. Total Environ. 712, 136362 (2020).
You, D., Zhang, Y. & Yuan, B. Environmental regulation and firm eco-innovation: Evidence of moderating effects of social decentralization and political competition from listed Chinese industrial companies. J. Clean. Prod. 207, 1072 (2019).
Liang, H., Shi, C., Abid, N. & Yu, Y. Are digitalization and human development discarding the resource curse in emerging economies?. Res. Policy. 85, 103844 (2023).
Hansen, B. E. Threshold effects in non-dynamic panels: Estimation, testing and inference. J. Econo. 2, 345â368 (1999).
Source link
