Research on the impact of environmental regulation on enterprise technology innovation—an empirical analysis based on Chinese provincial panel data

2019 ◽  
Vol 26 (21) ◽  
pp. 21835-21848 ◽  
Author(s):  
Yan Song ◽  
Tingting Yang ◽  
Ming Zhang
Keyword(s):  
Panel Data ◽  
Environmental Regulation ◽  
Empirical Analysis ◽  
Technology Innovation ◽  
Enterprise Technology ◽  
The Impact

An Empirical Analysis of the Impact of Environmental Regulation on China's Manufacturing Industry Innovation Capacity

2014 ◽  
Vol 1010-1012 ◽  
pp. 1989-1992 ◽  
Author(s):  
Yu Lin Wu ◽  
Xue Qian Li ◽  
Mei Ling Liu
Keyword(s):  
Panel Data ◽  
Environmental Regulation ◽  
Empirical Analysis ◽  
Manufacturing Industry ◽  
Time Lag ◽  
Industrial Innovation ◽  
Innovation Capacity ◽  
Chinese Manufacturing Industry ◽  
One Year ◽  
The Impact

In this paper, Chinese manufacturing industry is studied. We use the 2003-2010 panel data to analysis the impact of environmental regulation on the industrial innovation. In three cases of no time lag, one year later and two year later, all empirical results show that: the environmental regulation does not promote our country manufacturing industry to promote industrial innovation capacity.

scholarly journals The impact of FDI on environmental technology innovation from the perspective of environmental regulation

2020 ◽  
Vol 206 ◽  
pp. 02001
Author(s):  
Ziting Wei
Keyword(s):  
Environmental Regulation ◽  
Technology Innovation ◽  
Negative Impact ◽  
Positive Impact ◽  
Inhibitory Effect ◽  
Market Demand ◽  
Environmental Technology ◽  
Industrial Enterprises ◽  
Threshold Regression Model ◽  
The Impact

Based on the perspective of environmental regulation, this paper selects panel data of 30 provinces in China from 2011 to 2016, establishes Hansen panel threshold regression model, and investigates the impact of FDI on environmental technology innovation of industrial enterprises in China under the threshold of environmental regulation. The results show that FDI has a significant inhibitory effect on the environmental technological innovation of industrial enterprises; the effect has a significant dual threshold of environmental regulation, with the intensity of environmental regulation across the threshold, the negative impact of FDI gradually weakened; market demand and industry scale have a significant positive impact, the role of technological progress is not significant. The findings of this paper provide a certain reference for the rational use of environmental regulation policies, the maximization of FDI technology spillover, the promotion of environmental technology innovation of industrial enterprises, and the realization of “win-win” of environment and economy.

scholarly journals An empirical analysis of the influence of financialization on investment in Russia

2021 ◽  
Vol 7 (3) ◽  
pp. 233-249
Author(s):  
Dmitry S. Tretyakov ◽  
Ivan V. Rozmainsky
Keyword(s):  
Panel Data ◽  
Empirical Analysis ◽  
Small Firms ◽  
Crowding Out ◽  
External Financing ◽  
Fixed Assets ◽  
Financial Investments ◽  
Internal Funds ◽  
The Impact ◽  
Physical Investment

This paper tries to estimate the impact of financialization on fixed investment in Russia. The work is carried out by using panel data based on reports of non-financial publicly listed companies for 1999–2019. The study finds that financial expenses aimed at paying interest on external financing and paying dividends — that is, focusing on shareholder value, and hence decreasing the internal funds of companies, reduce real investments. Financial incomes have shown the crowding-out effect for large companies. Financial incomes as additional “free” funds in large companies are not perceived as an opportunity to accumulate fixed assets. Managers prefer to increase ­financial investments instead of real ones. In small and medium-sized companies, financial incomes, however, drive the growth of physical investment. This is because small firms, at a particular stage in their lives, find it more profitable to invest in their own growth. The results from the general sample, without dividing by size, indicate that financialization in Russia clearly reduces real investment.

scholarly journals Research on the Impact of Environmental Regulation and Technology Innovation on the Quality of Economic Growth

2021 ◽  
Author(s):  
Qingyang Wu
Keyword(s):  
Economic Growth ◽  
Panel Data ◽  
Environmental Regulation ◽  
Technological Innovation ◽  
Environmental Regulations ◽  
Threshold Model ◽  
Fixed Effect Model ◽  
Paper Test ◽  
The Impact

Abstract：This paper uses the balanced panel data from 29 provinces (autonomous regions and municipalities) in China for a total of 17 years from 2000 to 2016 as a research sample, and establishes an empirical model to examine the impact of environmental regulations and technological innovation on the quality of economic growth. Then this paper test technological innovation as a threshold variable, in which play a regulatory role. Taking the provincial balanced panel data as a research sample, a fixed effect model, a system GMM model, and a panel threshold model were established for empirical testing and the robustness test. Based on the empirical results, this article draws the following conclusions: from a national perspective, environmental regulations and technological innovation can significantly promote the quality of economic growth; from a regional perspective, there are regional differences in impact effects. Under the constraints of environmental regulations, the promotion effect of technological innovation on the quality of economic growth will be reduced; the impact of environmental regulation on the quality of economic growth will have a "threshold effect", and environmental regulation can significantly promote the quality of economic growth only after crossing the threshold and the threshold of technological innovation.

scholarly journals Environmental Regulation, Government Subsidies, and Green Technology Innovation—A Provincial Panel Data Analysis from China

2021 ◽  
Vol 18 (22) ◽  
pp. 11991
Author(s):  
Pei Wang ◽  
Cong Dong ◽  
Nan Chen ◽  
Ming Qi ◽  
Shucheng Yang ◽  
...  
Keyword(s):  
Environmental Regulation ◽  
Technology Innovation ◽  
Panel Data Analysis ◽  
Green Technology ◽  
Role Of Government ◽  
New Era ◽  
Government Subsidies ◽  
The North ◽  
The Impact

Economic development in the “new era” will require green innovation. To encourage the growth of green technology innovation, it has become fashionable to strengthen environmental regulation. However, the impact of environmental regulation on green technology innovation, as well as the role of government subsidies, needs to be examined. Utilizing fixed-effect models and 2SLS models to explore the impact of environmental regulation on green technology innovation in China from 2003 to 2017, this research sought to examine whether environmental regulations impact green technology innovation, as well as the role of government subsidies in the above-mentioned influence path. The findings support the Porter Hypothesis by demonstrating an inverted “U” relationship between environmental regulation and green technology innovation. The impact of environmental regulation on green technology innovation varies by region. To be specific, there is an inverted “U” relationship between environmental regulation and green technology innovation in China’s central and central coast regions. In comparison, the north area, southern coast, and southwest region exhibit a “U” relationship between the two. The relationship is not significant in the Beijing-Tianjin region. Additionally, government subsidies act as an intermediate in this process, positively influencing firms to pursue green technology innovation during the earliest stages of environmental regulation strengthening. However, government subsidies above a certain level are unproductive and should be used appropriately and phased off in due course.

scholarly journals Green technology innovation, media attention and enterprise performance

2021 ◽  
Vol 267 ◽  
pp. 01049
Author(s):  
Mingming Liu ◽  
Hongjie Zhang
Keyword(s):  
Empirical Analysis ◽  
Technology Innovation ◽  
Green Technology ◽  
Enterprise Performance ◽  
Promoting Effect ◽  
Impact Mechanism ◽  
Media Attention ◽  
Intermediary Role ◽  
The Impact

This paper selects domestic A-share listed companies from 2010 to 2019 as the research sample, and makes an empirical analysis on the impact mechanism of green technology innovation and enterprise performance, as well as the intermediary role of media attention. It is found that green technology innovation has a significant promoting effect on enterprise performance, and green technology innovation also has a significant promoting effect on media attention, which plays a significant intermediary role between green technology innovation and enterprise performance.

scholarly journals Promoting or Inhibiting? The Impact of Environmental Regulation on Corporate Financial Performance—An Empirical Analysis Based on China

2020 ◽  
Vol 17 (11) ◽  
pp. 3828 ◽  
Author(s):  
Xiang Deng ◽  
Li Li
Keyword(s):  
Sustainable Development ◽  
Financial Performance ◽  
Environmental Protection ◽  
Environmental Regulation ◽  
Empirical Analysis ◽  
Analytical Framework ◽  
Corporate Financial Performance ◽  
Ecological Civilization ◽  
The Impact ◽  
The Relationship

Today, environmental protection has become a global issue, and various environmental regulations have been actively adopted. However, are these measures promoting or harming enterprise values? Is this effect the same for enterprises with different ownership backgrounds? In order to address these problems, we conducted an empirical analysis of China’s A-share market to investigate the relationship between the New Environmental Protection Law (NEPL) launched in China and corporate financial performance, and further explore the impact of environmental supervision intensity (ESI) from the perspective of ownership. The empirical results show that there is a negative correlation between NEPL and the financial performance of high pollution enterprises. Further analysis demonstrates that there is an inverted U-shape relationship between ESI and corporate financial performance for both state-owned enterprises (SOEs) and non-state-owned enterprises (non-SOEs), while the financial performance of SOEs is more sensitive and tolerant to environmental regulation than that of non-SOEs. Finally, we make recommendations for the future direction of China’s ecological civilization construction and sustainable development of enterprises based on three aspects: environmental awareness, policy considerations, and sustainable development. The innovation of this paper lies in putting NEPL and corporate financial performance in the same analytical framework for the first time, which enriches the research in this field. Meanwhile, it provides a new perspective for understanding the relationship between ESI and corporate financial performance through the analysis of nonlinearity and owner heterogeneity.

Sign in / Sign up

Export Citation Format

Share Document