scholarly journals Research on Green Total Factor Productivity of Logistics Industry and its threshold effect of Environmental Regulation

2021 ◽  
Vol 235 ◽  
pp. 02022
Author(s):  
Wanchun Li
Keyword(s):  
Environmental Regulation ◽  
Total Factor Productivity ◽  
Threshold Model ◽  
Intermediate Stage ◽  
Threshold Effect ◽  
Inhibitory Effect ◽  
Regulation System ◽  
Factor Productivity ◽  
Logistics Industry ◽  
The Government

This paper is based on the input-output panel data of logistics industry in 30 provinces and regions in China from 2005 to 2017, using nonparametric DEA model to evaluate the green total factor productivity of logistics industry, and build a panel threshold model to empirically test the nonlinear impact of environmental egulation. It is found that environmental regulation has a double threshold effect on green total factor productivity of logistics industry, the estimated threshold values are 89.85 and 211.27 respectively; when environmental regulation is at a low level below 89.85, environmental regulation has a positive effect of 2.09% on green total factor productivity of logistics industry, when environmental regulation is in the intermediate stage of 89.85 to 211.27, environmental regulation has a positive improvement effect of 6.41% on green total factor productivity of logistics industry; when environmental regulation is at a higher level than 211.27, environmental regulation has a negative inhibitory effect of 1.57% on green total factor productivity of logistics industry. Based on the empirical conclusion, this paper puts forward: First, using the performance assessment as the baton to urge the local government to establish an effective environmental regulation system; second, the government should plan to guide the green transformation and upgrading of the logistics industry to avoid “one size fits all” environmental regulation.

scholarly journals Study on the Effect of Environmental Regulation on the Green Total Factor Productivity of Logistics Industry from the Perspective of Low Carbon

2019 ◽  
Vol 12 (1) ◽  
pp. 175 ◽  
Author(s):  
Zijing Liang ◽  
Yung-ho Chiu ◽  
Xinchun Li ◽  
Quan Guo ◽  
Yue Yun
Keyword(s):  
Environmental Regulation ◽  
Total Factor Productivity ◽  
Jiangsu Province ◽  
Spatial Effects ◽  
Low Carbon ◽  
Method Of Moment ◽  
Factor Productivity ◽  
Logistics Industry ◽  
Forward Logistics ◽  
The Government

Under the low-carbon background, with the aid of the Malmquist–Luenberger SBM (Slack-based Measure) model of unexpected output, the green total factor productivity (GTFP) of the logistics industry in Jiangsu Province, China, was measured and decomposed in this study based on the reality and experience of logistics industry development in 13 cities in three regions of Jiangsu Province in the years 2006–2018 by taking resource consumption into the input system and discharged pollutants into the output system. It is concluded that the environmental regulation (ER) has a significant positive effect on the growth of the GTFP of the logistics industry, and technological progress has become an important endogenous force that promotes the GTFP of the logistics industry in Jiangsu Province. On this basis, a dynamic GMM (Generalized method of moment) model and a Tobit model were constructed to further study the possible temporal and spatial effects of ER on the GTFP of the logistics industry. The research results reveal that the ER can exert both promoting and inhibitory effects on the GTFP of the logistics industry, and there is a temporal turning point for the effects. Besides, the effects notably differ spatially and temporally. Finally, some policies and advice for the green sustainable development of the logistics industry were proposed. For example, the government and enterprises should pay attention to the green and efficient development of the logistics industry and dynamically adjust the ER methods. They should consider the greening of both forward logistics links and reverse logistics system in the supply chain.

scholarly journals Improvement of Different Types of Environmental Regulations on Total Factor Productivity: A Threshold Effect Analysis

2019 ◽  
Vol 2019 ◽  
pp. 1-12
Author(s):  
Xubin Lei ◽  
Shusheng Wu
Keyword(s):  
Environmental Regulation ◽  
Total Factor Productivity ◽  
Environmental Regulations ◽  
Threshold Model ◽  
Threshold Effect ◽  
Impact Behavior ◽  
Factor Productivity ◽  
Data Set ◽  
Different Types ◽  
The Impact

Based on the distinction of different types of environmental regulations, this paper attempts to test the threshold effect of environmental regulation on the total factor productivity (TFP) by employing a panel threshold model and a province-level panel data set during 2006–2016. Research results show that the influence of command-and-control and market incentive environmental regulation on the total factor productivity has a single threshold conversion characteristic of foreign direct investment (FDI) and financial scale, but the impact behavior and influence degree around the threshold are inconsistent. The effect of voluntary conscious environmental regulation on the total factor productivity has a single threshold conversion feature of human capital, and moderately enhanced intensity of environmental regulation is conducive to promoting the total factor productivity after crossing the threshold. Finally, in order to enhance the regional total factor productivity, relevant policy recommendations are proposed.

scholarly journals Environmental Regulation, Enterprises' Bargaining Power, and Enterprises' Total Factor Productivity: Evidence from China

2021 ◽  
Author(s):  
Shuwang Yang ◽  
Chao Wang ◽  
Hao Zhang ◽  
Tingshuai Lu ◽  
Yang Yi
Keyword(s):  
Environmental Regulation ◽  
Total Factor Productivity ◽  
Environmental Economics ◽  
Bargaining Power ◽  
Factor Productivity ◽  
Firm Level ◽  
Capital Cities ◽  
Provincial Capital ◽  
The Government ◽  
The Relationship

Abstract The relationship between environmental regulation and enterprises' total factor productivity (TFP) has been a hot topic in the field of environmental economics, but the conclusions are still mixed. Employing a sample of 14,110 firm-year observations in China from 2010 to 2018, our research explores whether and when environmental regulation could trigger firms, to enhance TFP. The available evidence leads us to cautiously conclude that: 1) Environmental regulation notably improves enterprises' TFP, the conclusion still holds after a series of robustness tests. 2) Enterprises' bargaining power significantly weakens the influence of environmental regulation on enterprises' TFP. 3) Compared with non-state-owned enterprises and non-heavy-polluting industries, environmental regulation has a greater impact on state-owned enterprises and heavy-polluting industries; higher executive compensation does not motivate firms to improve TFP; compared with enterprises headquartered in non-provincial capital cities, environmental regulation has a greater impact on enterprises' TFP in provincial capital cities. Overall, the findings of our research are extremely relevant for the government, investor, and enterprise's manager, this paper provides micro-firm-level evidence for the Porter hypothesis in practice in China.

scholarly journals Research on the Impact of Green Technology Innovation on Energy Total Factor Productivity, Based on Provincial Data of China

2021 ◽  
Vol 9 ◽  
Author(s):  
Mengxin Wang ◽  
Yanling Li ◽  
Gaoke Liao
Keyword(s):  
Total Factor Productivity ◽  
Industrial Structure ◽  
Technology Innovation ◽  
Threshold Model ◽  
Threshold Effect ◽  
Green Technology ◽  
Mediating Effect ◽  
Factor Productivity ◽  
Influence Mechanism ◽  
The Impact

Against the background of carbon peaking and carbon neutralization, green technology innovation plays an important role in promoting the energy total factor productivity (TFP). This study verifies the impact of green technology innovation on energy TFP in a complete sample and the subsamples by region, by constructing a panel threshold model, and analyzes its influence mechanism on the basis of the mediating effect test based on annual provincial data of mainland China from 2005 to 2018. The empirical results reveal the following: first, with the level of economic development as the threshold variable, there is a threshold effect in the impact of green technology innovation on the energy TFP; second, green technology innovation has an impact on the energy TFP through industrial structure upgrading; that is, industrial structure has a mediating effect in the influence mechanism; and third, there is heterogeneity in the impact of green technology innovation on the energy TFP among different regions in China, and the threshold effect only exists in the western region, since the central and eastern regions have crossed a certain developmental stage.

scholarly journals Energy Efficiency, Policy and GTFP

2018 ◽  
Vol 53 ◽  
pp. 01033
Author(s):  
Fangqing Yi ◽  
Zenglian Zhang
Keyword(s):  
Economic Growth ◽  
Energy Efficiency ◽  
Environmental Regulation ◽  
Total Factor Productivity ◽  
Industrial Structure ◽  
Provincial Government ◽  
Factor Productivity ◽  
Linkage Mechanism ◽  
The Government ◽  
The Impact

The environmental and resource constraints on economic growth are increasingly evident. China urgently needs to reshape its economic growth momentum. The increase in green total factor productivity is particularly necessary for the growth of the quantity and quality of the economy. This paper selects the provincial panel data of 30 provinces in China from 2001 to 2015, and establishes a panel exchangeable errors model to analyze the impact of eight indicators on green total factor productivity (GTFP) and verifies its effectiveness. Empirical analysis shows that inter-provincial government competition, environmental regulation, energy consumption, and capital stock have a significant impact on green total factor productivity. The influence of foreign direct investment, industrial structure, and industrialization level on the total factor productivity of green is not significant. Therefore, the government should adopt suitable, flexible and diverse environmental regulation policies, promote energy-saving emission reduction and technology innovations through policies such as taxes and subsidies, strengthen the linkage mechanism between industrial structure upgrading and energy efficiency, to increase green total factor productivity.

scholarly journals Does Corporate Financialization Have a Non-Linear Impact on Sustainable Total Factor Productivity? Perspectives of Cash Holdings and Technical Innovation

2021 ◽  
Vol 13 (5) ◽  
pp. 2533
Author(s):  
Hui Wang ◽  
Qing Wang ◽  
Xia Sheng
Keyword(s):  
Total Factor Productivity ◽  
Threshold Model ◽  
Threshold Effect ◽  
Sustainable Growth ◽  
Technical Innovation ◽  
Financial Assets ◽  
Factor Productivity ◽  
Positive Effects ◽  
Optimal Thresholds ◽  
Positive Effect

This study explores the conditions under which financialization may foster sustainable total factor productivity (TFP). We examine the inverted U-shaped relationship between corporate financialization and TFP by employing a panel threshold model using microeconomic non-financial panel data from Chinese firms in the 2007 to 2018 period. Our results suggest that the turning point is more significant in holding short-term financial assets and state-owned enterprises. The threshold effect suggests that technical innovation determines the optimal threshold at which TFP is affected by financialization. Further, financialization is considered an alternative to cash in order to increase the value of capital, leading to a positive effect on TFP. Contrary to their positive effects below the optimal thresholds, financialization exceeds a certain level, displaces technical innovation, and becomes detrimental to TFP. Our analysis thus establishes the importance of sustainable growth of TFP and minimize the adverse effect of financialization.

scholarly journals Environmental Regulation Intensity, Foreign Direct Investment, and Green Technology Spillover—An Empirical Study

2019 ◽  
Vol 11 (10) ◽  
pp. 2718 ◽  
Author(s):  
Jiangfeng Hu ◽  
Zhao Wang ◽  
Qinghua Huang ◽  
Xiaoqin Zhang
Keyword(s):  
Foreign Direct Investment ◽  
Linear Model ◽  
Environmental Regulation ◽  
Total Factor Productivity ◽  
Direct Investment ◽  
Threshold Model ◽  
Green Technology ◽  
Factor Productivity ◽  
Technology Spillover ◽  
Static Threshold

Many researchers have studied the relationships among heterogeneous foreign direct investment (FDI), environmental regulation, and green total factor productivity. However, no research has been done on how different types of FDI can result in green technology spillover under different levels of environmental regulation intensity. To address this research gap, in this paper, we build a static linear panel model, a static panel threshold model, and a dynamic panel threshold model to investigate the environmental regulatory threshold effect of labor-based FDI and capital-based FDI in terms of their green technology spillover. Based on the measurement of green total factor productivity (GTFP) of 36 industry sectors in China from 2003 to 2015, we first compare the threshold effects of environmental regulation on green technology spillover between labor-based FDI and capital-based FDI with a static linear model and a static threshold model. The results show that environmental regulation is unable to significantly promote the green technology spillover of labor-based FDI. However, intensifying environmental regulation can reduce the negative impact of labor-based FDI on GTFP. The effect of environmental regulation on green technology spillover of capital-based FDI is more complex. In the static linear model, environmental regulation can significantly promote the green technology spillover of capital-based FDI. In the static threshold model, the green technology spillover of capital-based FDI exists only when the environmental regulation intensity is sufficiently low or sufficiently high. Finally, the dynamic threshold model is adopted for robustness check. The results show when the environmental regulation intensity is higher than a threshold, both types of FDI can indeed result in green technology spillover. In short, our results prove that to ensure that FDI results in green technology spillover, it is necessary to continue to strengthen environmental regulation.

scholarly journals Research on Threshold Effect of Environmental Regulation and Green Total Factor Productivity

2019 ◽  
Vol 118 ◽  
pp. 03002
Author(s):  
guangyuan Cao ◽  
zhiyuan Dong ◽  
zenglian Zhang
Keyword(s):  
Economic Development ◽  
Environmental Regulation ◽  
Total Factor Productivity ◽  
Local Governments ◽  
Threshold Effect ◽  
Factor Productivity ◽  
Positive Role ◽  
Effect Model ◽  
The Impact ◽  
Double Threshold

This paper selects the panel data of 30 provinces in China from 2005 to 2016, and uses the threshold effect model to analyze the correlation between environmental regulation and green total factor productivity (GTFP). The results show that: The impact of environmental regulation on GTFP is non-linear and has a double threshold effect. Therefore, the local governments of all provinces should continue to play a positive role in environmental regulation, reasonably adjust the level of environmental regulation according to local specific economic development and industrialization level, etc., and strive to promote the transformation of medium and high polluting enterprises to green environmental protection enterprises..

Impact of Nanotechnology Patents on Green Development of China's Building Industry

2020 ◽  
Vol 14 (2) ◽  
pp. 141-152
Author(s):  
Xialing Sun ◽  
Rui Zhang ◽  
Xue Chen ◽  
Pengpeng Li ◽  
Jin Guo
Keyword(s):  
Total Factor Productivity ◽  
Inhibitory Effect ◽  
Building Industry ◽  
Factor Productivity ◽  
The Sustainable Development ◽  
Technological Support ◽  
Green Development ◽  
Panel Data Regression ◽  
The Impact ◽  
Building Engineering

Background: The sustainable development of the building industry has drawn increasing attention around the world. Nanomaterials and nanotechnology play an important role in the processes of energy saving and reducing consumption in the building industry. Nanotechnology patents provide key technological support for the green development of the building industry. Based on patent data in China, this paper quantitatively analyzed the application of nanotechnology patents in the building industry and the time trend, regional differences, and evolution of China's nano-patent applications in the building field. Methods: In this study, the environmental total factor productivity of the building industry considering carbon constraints was determined and then used as the dependent variable to measure the green development of the building industry. On this basis, a panel data regression model was constructed to determine the impact of nano-patents on the green development of the building industry. Results: Nanotechnology patents in the building industry can significantly improve total factor productivity. From the perspective of patent composition, technology-based patents that focus on substantial innovation can significantly promote the green development of the building industry, whereas strategic patents show a significant inhibitory effect. Regionally, the western region of China has the advantage of being less developed and thus more efficient than the central and eastern regions in the application of new nano-products. Finally, the research also showed a significant lag in the application of China's nanotechnology patents and low implementation efficiency. Conclusion: Nano patents can promote green development in the building industry, but there is room for improvement in the speed with which laboratory inventions are transformed into building engineering applications.

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