scholarly journals Environmental regulations, capacity utilization, and high-quality development of manufacturing: an analysis based on Chinese provincial panel data

2021 ◽  
Vol 11 (1) ◽  
Author(s):  
Hongyang Wang ◽  
Baizhou Li

AbstractThe high-quality development of the manufacturing industry is an important strategic task for Chinese economic development. The rapid development of the manufacturing industry is also accompanied by problems such as overcapacity and environmental pollution. This paper analyzes the impact of capacity utilization on the high-quality development of manufacturing and establishes a nonlinear threshold regression model on this basis, and studies and analyzes environmental regulations as a threshold variable under the influence of capacity utilization rate on the high-quality development of the manufacturing industry. The research results show that: capacity utilization, profitability, foreign direct investment, and government participation all have a significant positive impact on the high-quality development of the manufacturing industry; environmental regulations have a significant negative impact on the high-quality development of the manufacturing industry. And in the model of the effect of capacity utilization on the high-quality development of the manufacturing industry, environmental regulation has a single threshold effect. With the increase in the intensity of environmental regulation, the coefficient and significance of the effect of capacity utilization on the high-quality development of the manufacturing industry have changed. Finally, this article puts forward corresponding policies and suggestions based on the results of data analysis.

2021 ◽  
Vol 3 (5) ◽  
pp. 105-112
Author(s):  
Wentao Xu

This paper uses the data of 30 provincial regions in mainland China except Tibet from 2006 to 2018 to weighted measure the intensity of environmental regulation through the weight determined by the ranking of pollutant emission intensity year by year; Based on the three subsystems of economy, society and environment, this paper constructs a high-quality development measurement index system, and determines the weight year by year by entropy method, as well as measures the high-quality development level by weight; From the perspective of enterprise production decision, the influence of environmental regulation on high-quality development is theoretically deduced. Through the empirical test of two threshold models with environmental regulation intensity and per capita GDP as the threshold, it confirms each other, and empirically analyzes the impact of environmental regulation intensity on high-quality development level. The research results show that: The impact of environmental regulation intensity on high-quality development level, with the change of enterprises’ decision-making to deal with environmental regulation, has an obvious threshold effect. Before reaching the threshold, the increase of environmental regulation intensity has a negative impact on high-quality development; After reaching the threshold, the impact of the increase of environmental regulation intensity on high-quality development may have a short uncertain stage, followed by a positive impact. Government environmental regulation should be combined with the local stage to avoid the misunderstanding of blindly improving the intensity of environmental regulation; Government environmental regulation should focus on reducing the cost of cleaner production and technological innovation, and accelerate the formation of “forced“ innovation mechanism of environmental regulation, so as to give full play to the positive role of environmental regulation in promoting high-quality and high-development.


2021 ◽  
Vol 13 (11) ◽  
pp. 5829
Author(s):  
Xinfei Li ◽  
Baodong Cheng ◽  
Qiling Hong ◽  
Chang Xu

Based on the panel data of 216 prefecture-level cities in China from 2003 to 2016, this study selected five emission-reduction indicators (industrial SO2 removal rate, soot removal rate, comprehensive utilization rate of industrial solid waste, domestic sewage treatment rate, and harmless treatment of domestic waste rate) to quantify the intensity of urban environmental regulations. Based on the intensity of environmental regulations, the authors further studied the impact of environmental regulations on economic quality (green total factor productivity) and environmental quality (PM2.5). The test results showed that the impact of environmental regulation on PM2.5 is a U-type change that first declines and then rises, while the impact of the implementation of environmental regulation on green total factor productivity is an inverted U-shaped change, which first increases and then decreases. On the one hand, appropriate environmental regulations are conducive to improving environmental quality and improving urban green total factor productivity. On the other hand, excessive environmental regulations have not only failed to improve environmental quality, but also have a negative impact on the improvement of economic quality. In addition, there are regional differences in the impact of environmental regulations, so it is necessary to formulate appropriate and local environmental regulatory policies.


2020 ◽  
Vol 2020 ◽  
pp. 1-15
Author(s):  
Jun Zhong ◽  
Yan Lin ◽  
Siqi Yang

The rapid development of internet-based ride-hailing services has contributed to transportation in cities and, at the same time, has significantly impacted existing travel modes in cities. A question has emerged as to whether and to what extent ride-hailing services replace private car use. Although the private car is convenient, comfortable, and flexible, it has low utilization rate and high maintenance and parking costs. Better understanding of the relationship between ride-hailing services and the use of private cars has been brought to the forefront for auto dealers and urban transportation policymakers. However, controversies remain regarding how ride-hailing services will impact the use of private cars in cities. Given this setting, our study applied a difference-in-differences method to analyze the impact of ride-hailing services on the use of private cars with balanced panel data from 109 prefecture-level cities in China from 2010 to 2016. Moreover, we employed some methods to verify the robustness of the preliminary results. The empirical results show that ride-hailing services had a negative impact on the use of private cars in urban areas. Over time, the negative impact initially strengthened and then weakened. Further studies showed that ride-hailing services had a more significant negative impact on private car use in eastern cities than in western cities. The results showed that the influence of ride-hailing services on private car use in urban areas is heterogeneous across time and cities.


2021 ◽  
Vol 275 ◽  
pp. 01076
Author(s):  
Yuxin Zhang ◽  
Chenghao Sun

Based on provincial data from 2010 to 2015, this paper uses regression model to analyze the impact of informal environmental regulation on investment of environmental pollution. The regression result shows that informal environmental regulation can significantly promote environmental investment of environmental pollution. Therefore, it is necessary to improve the mechanism of citizens’ environmental participation and strengthen environmental relative investment, ultimately promoting high-quality development.


2021 ◽  
Vol 292 ◽  
pp. 03018
Author(s):  
LiXian Chen ◽  
XinMing Cai ◽  
KaiZhang Zou

Based on the provincial data of China from 2004 to 2018, this paper empirically tests the impact of the spatial distribution of producer services on the high-quality development of manufacturing. It is found that the spatial distribution of producer services significantly promotes the high-quality development of manufacturing, and there is no heterogeneity of geographical location and economic development level.


Author(s):  
Ying-jie Song ◽  
Fu-wei Ma ◽  
Jing-ya Qu

Cultural diversity is an issue not considered too often in traditional research on the influencing factors of carbon emission reduction to give full play to the effective participation of micro subjects in environmental regulation and to achieve the carbon emission reduction target. Aiming at the cultural diversity of micro subjects, this paper introduces the provincial dynamic index of cultural diversity and, from the perspective of environmental regulation, combines environmental regulation types such as energy regulation, economic regulation, and administrative regulation, to empirically study the impact of cultural difference on carbon emission reduction. We found that cultural diversity had a significant negative impact on carbon emission effects, and there is a one-way Granger causality between the two. Cultural diversity and environmental regulations exerted a synergistic impact on carbon emission effects. Through specific mechanism tests, the intermediary effect of environmental regulations was confirmed. Cultural diversity influenced carbon emission effects through the mediation of environmental regulations. From the perspective of the refined characteristics of different regions, possible cultural diversity in the southern region and regional energy consumption characteristics significantly affected carbon emission effects. On the basis of the conclusions reached in this empirical research, we put forward the following policy suggestions: emphasis should be placed on the function of culture and other non-institutional factors in the practice of environmental regulations; bottom-up environmental protection incentives must be strengthened, and required expression channels should be perfected; the role of various environmental regulations must be given full play in the process of carbon emission reduction.


2021 ◽  
Vol 275 ◽  
pp. 02051
Author(s):  
Crystal Xiaobei Chen ◽  
Regina Fangying Lin ◽  
Xinqian Zheng ◽  
Yiyuan Li

With the rapid development of the global economy, environmental pollution has become one of the main problems facing. As the main carriers of social production, companies create value for the whole society and also occupy the main resources. Heavy polluting companies have serious pollution discharge. They should bear more environmental protection responsibilities. Green investment of heavy polluting companies is the focus of social concern. Therefore, this paper selects 243 listed companies in China’s heavy polluting industry as samples to explore the impact of environmental regulations on corporate green investment. This study calculates the green investment amount of companies through the “content analysis method”, and divides the environmental regulation into formal environmental regulation and informal environmental regulation. A fixed panel model is constructed for research. The empirical results show that market-incentive environmental regulation and informal environmental regulation have a significantly positive impact on corporate green investment. There is no significant relationship between command-andcontrol environmental regulation and corporate green investment. According to this conclusion, this paper proposes some suggestions about green finance.


2022 ◽  
Vol 2022 ◽  
pp. 1-12
Author(s):  
Meng Shang ◽  
Chunjie Jia ◽  
Hui Li ◽  
Yu Liu ◽  
Junwei Cao

Based on the cross-sectional data of 40 large-scale international airports in China in 2019, this paper introduced natural and social factors into the calculation of airport operating efficiency and constructed a BCC-SFA-BCC-Tobit 4-stage analysis framework. Combining with the connotation of the “green, smart, humane, and safe” airport high-quality development, the paper applied the Tobit model to quantitatively analyze the influencing factors of the operating efficiency of airports, and the research shows that (1) the overall operating efficiency of the study airports is 0.734; in terms of the region, the operating efficiency of airports located in southwest and northwest regions is greatly affected by natural factors, while the operating efficiency of airports located in North China is mostly affected by social factors. (2) Under the perspective of human-earth relationship, the impact of natural factors on the operating efficiency of airports is greater than that of social factors, wherein PM2.5 and relative humidity have negative impact, while the actual foreign capital utilization of the city and domestic and foreign tourists have positive impact. (3) The regression results of the Tobit model indicate that green, smart, and safe indicators can promote the high-quality development of airports, while the humane indicator restrains the high-quality development of airports.


2021 ◽  
Vol 13 (7) ◽  
pp. 3960
Author(s):  
Meng-Meng Geng ◽  
Ling-Yun He

It is a problem worth thinking about whether the government’s environmental regulation policies can meet the residents’ requirements for environmental quality, and benefit the people. The study of the public’s subjective evaluation can more intuitively judge whether the government’s environmental regulation has realized “ecological benefits for the people”. Based on the data of the Chinese General Social Survey (CGSS) in 2013, this paper studied the impact of environmental regulation and environmental awareness on environmental governance satisfaction by an ordered probit model. The study found that environmental regulation has a significant positive impact on environmental governance satisfaction, while environmental awareness has a significant negative impact on environmental governance satisfaction. We also found that when public environmental awareness is taken into account, the positive relationship between environmental regulation and environmental governance satisfaction is affected. The robustness test proved this conclusion.


2021 ◽  
Vol 13 (11) ◽  
pp. 6294
Author(s):  
Peiqing Zhu ◽  
Jianbo Song

Internal control plays a role in risk prevention for firms when dealing with serious emergencies, which ensures the sustainable development of firms during a crisis. Based on the rapid outbreak of COVID-19 in China, this paper empirically tests whether internal control alleviates the negative impact of the pandemic on firm performance. Using a sample of Chinese listed firms from the first quarter of 2019 to the third quarter of 2020 and employing the difference-in-difference (DID) method, we find that the firms with a higher quality of internal control achieve better financial performance during the pandemic period; the more serious the pandemic is, the more obvious effect internal control plays. Furthermore, we consider the industry heterogeneity and firm heterogeneity of the risk resistance effect of internal control. In the manufacturing industry, which is a “disaster zone” of the pandemic, and the non-high-tech industry with a low degree of digitization, internal control can play a more important role in firms’ performance. Moreover, for state-owned enterprises, and firms with strong financing constraints, the role of internal control is more prominent. The above results provide empirical evidence for the risk prevention function of internal control and shed new light on the measures for firms to resist emergencies in the future.


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