scholarly journals The impact of environmental regulation on green total factor productivity: An empirical analysis

PLoS ONE ◽  
2021 ◽  
Vol 16 (11) ◽  
pp. e0259356
Author(s):  
Qin He ◽  
Yaowu Han ◽  
Lei Wang
Keyword(s):  
Environmental Regulation ◽  
Total Factor Productivity ◽  
Empirical Analysis ◽  
Malmquist Index ◽  
Measurement Model ◽  
Western China ◽  
Measure Data ◽  
Factor Productivity ◽  
Extensive Growth ◽  
The Impact

The transformation of China’s economy from extensive growth to high-quality development is essentially an increase in green total factor productivity (GTFP). China currently has a range of environmental regulation tools, and the question of whether environmental regulation can promote improvement in China’s GTFP requires theoretical and empirical analysis. This article first divides environmental regulation into three types: administrative, market-based and information-based. It then builds an empirical model of the effect of environmental regulation on GTFP. Slacks based measure-data envelope analysis (SBM-DEA) and the Malmquist index are used to measure the GTFP of 30 provinces in China from 2005 to 2018, and a measurement model of the impact of environmental regulation on GTFP is established. The results show that: (1) there are significant differences in GTFP in eastern, central and western China; (2) there is a non-linear relationship between environmental regulations and GTFP.

scholarly journals Cost Efficiency and Total Factor Productivity: An Empirical Analysis of Pakistan’s Insurance Sector

2016 ◽  
Vol 21 (1) ◽  
pp. 123-150
Author(s):  
Uzma Noreen ◽  
Shabbir Ahmad
Keyword(s):  
Total Factor Productivity ◽  
Malmquist Index ◽  
Malmquist Productivity Index ◽  
Productivity Index ◽  
Innovative Technology ◽  
Average Score ◽  
Factor Productivity ◽  
Tobit Regression ◽  
Insurance Sector ◽  
The Impact

This study uses data envelopment analysis and the Malmquist index to examine the impact of financial sector reforms on the efficiency and productivity of Pakistan’s insurance sector over the period 2000–09. Our results indicate that the sector is cost-inefficient, with an average score of 58 percent – an outcome of the inappropriate use of inputs. The Malmquist productivity index performs better, indicating an improvement in total factor productivity of about 3 percent on average. The second-stage Tobit regression analysis shows that large firms are relatively inefficient from an allocative perspective as they are unable to equate the marginal product of inputs with their factor prices. Furthermore, the results demonstrate that private firms are more efficient than public firms in the nonlife insurance sector. The empirical findings suggest that a more competitive environment, diversified products and innovative technology could improve the productivity of insurance firms in Pakistan.

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 Influence of the Evolution of Marine Industry Structure on the Green Total Factor Productivity of Marine Economy

Water ◽  
2021 ◽  
Vol 13 (8) ◽  
pp. 1108
Author(s):  
Xinyi Wei ◽  
Qiuguang Hu ◽  
Weiteng Shen ◽  
Jintao Ma
Keyword(s):  
Total Factor Productivity ◽  
Industrial Structure ◽  
Government Intervention ◽  
Malmquist Index ◽  
Marine Ecology ◽  
Advanced Technology ◽  
Factor Productivity ◽  
Marine Economy ◽  
Low Efficiency ◽  
The Impact

The 14th five-year plan emphasizes the importance of marine ecology and environmental protection, and the green concept is incorporated into the high-quality development system of the marine economy. This research used the data of 11 coastal provinces and cities in China from 2006 to 2016, based on the super-efficiency slack-based measure model and global Malmquist index model. The objective was to calculate the green total factor productivity (GTFP) of the marine economy, to study the impact of the evolution of the marine industrial structure on marine economic GTFP. The study found the following: (1) in general, the upgrade of marine industrial structure promoted the growth of marine economic GTFP and presented an inverted “U” trend of initially promoting and then suppressing. Spatially, only the advancement and rationalization of industrial structure in the Yellow and Bohai Sea regions inhibited the growth of marine economic GTFP. In terms of time, the advanced marine industrial structure promoted the growth of GTFP from 2006 to 2010, whereas that of industrial structure inhibited the growth of GTFP from 2011 to 2016. (2) The GTFP of the marine economy showed an increasing trend, but the conversion rate of production technology is low. Falling into the “efficiency trap” of highly advanced technology input and low-efficiency technology output should be avoided. (3) Affected by the mismatch of regional resources or industrial structure, government intervention showed an “opposite” mechanism in areas with different marine economic strengths. Government intervention in areas with higher marine economic strength was conducive to GTFP growth, whereas government intervention in areas with weaker marine economic strength would hinder GTFP growth.

scholarly journals Environmental Regulation Intensity, Carbon Footprint and Green Total Factor Productivity of Manufacturing Industries

2022 ◽  
Vol 19 (1) ◽  
pp. 553
Author(s):  
Lei Wang ◽  
Yu Yan
Keyword(s):  
Environmental Regulation ◽  
Total Factor Productivity ◽  
Carbon Footprint ◽  
Manufacturing Industry ◽  
Economic Benefits ◽  
Manufacturing Industries ◽  
Green Economy ◽  
Chinese Government ◽  
Factor Productivity ◽  
The Impact

In terms of the development of the manufacturing industry, the Chinese government has carried out environmental regulations and set up production standards for related industries. This is an environmentally-friendly and economic action, which is also in line with the requirements of building a green economy for China. Meanwhile, whether from the micro regulatory measures or the macro government policies, carbon emission is an inevitable problem in the study of environmental problems. This paper will explore the impact of environmental regulation on the green economy based on carbon emissions and study the optimal environment regulation intensity that relates to a direct carbon footprint under the maximum green economic benefits. A SBM-MALMQUIST model is established to measure the green total factor productivity according to 27 Chinese manufacturing industries through the MAXDEA software. It is found that the intensity of environmental regulation has a significant impact on green total factor productivity, and direct carbon footprint also exhibits a partial intermediary effect, participating in the mechanism that affects green total factor productivity. Combined with the industrial characteristics and the above research results, this paper puts forward the adjustment strategy of reasonable environmental regulation for the manufacturing industry, which conforms to the national policy guidance, and will be beneficial in promoting the economic development of the green manufacturing industry.

scholarly journals Impact of Energy Price Distortion on Green TFP Based on Spatial Econometric Model

2022 ◽  
Vol 2022 ◽  
pp. 1-8
Author(s):  
Huayu Guan ◽  
Mengyue Xing
Keyword(s):  
Energy Conservation ◽  
Environmental Protection ◽  
Environmental Regulation ◽  
Total Factor Productivity ◽  
Mediating Effect ◽  
Factor Price ◽  
Energy Price ◽  
Factor Productivity ◽  
Price Distortion ◽  
The Impact

With environmental regulation as the intermediary, this paper studies the influence mechanism and mediating effect of energy price distortion on green total factor productivity. On the basis of the panel data of 30 provinces in China (except Tibet, Hong Kong, Macao, and Taiwan), the research results from the study of panel and spatial metrology show that energy price distortion has a significant negative effect on the improvement of green total factor productivity. Different environmental regulation tools have different impacts, and the impact effect of fiscal energy conservation and environmental protection expenditure is better than that of pollution punishment. The transmission effect of energy price on environmental regulation policies is different when environmental regulation is the intermediary. The increase of the degree of energy price distortion will increase the financial expenditure of energy conservation and environmental protection, while the energy factor price will increase the green total factor productivity with the increase of pollution punishment.

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 Research on the Impact of Chinese Total Factor Productivity on the Modern Economic System Based on the Spatial Dubin Model

Complexity ◽  
2021 ◽  
Vol 2021 ◽  
pp. 1-14
Author(s):  
Qin Tang ◽  
Zhi-An Ren ◽  
Kang-Feng Zhu ◽  
Nai-Ru Xu
Keyword(s):  
Economic Development ◽  
Economic System ◽  
Total Factor Productivity ◽  
Index System ◽  
Malmquist Index ◽  
Factor Productivity ◽  
Index Method ◽  
Five Dimensions ◽  
Modern Economic ◽  
The Impact

Total factor productivity is not only the core of high-quality economic development but also a core indicator for measuring the quality of economic development. Improving total factor productivity is one of the most critical points in building a modern economic system. Firstly, this paper uses the DEA-Malmquist index method to measure and decompose the total factor productivity of China’s 30 provinces, municipalities, and autonomous regions from 2001 to 2017 and analyzes the characteristics of its temporal and spatial changes. From a spatial perspective, the regional gap is relatively large. Secondly, we construct the index system of five dimensions and use this index system to comprehensively evaluate the improvement degree of China’s modernized economic system. The results show that the overall level of the improvement degree of China’s modernized economic system is relatively low, and the differences between provinces are great. Thirdly, this paper uses static and dynamic spatial econometric models to empirically analyze the effect of total factor productivity on the improvement degree of the modern economic system. The results show that the improvement degree of the modern economic system in China has obvious characteristics of time spillover and space spillover. Finally, we put forward countermeasures and suggestions on how to perfect the modern economic system.

scholarly journals Can a Win–Win Situation of Economy and Environment Be Achieved in Cities by the Government’s Environmental Regulations?

2021 ◽  
Vol 13 (11) ◽  
pp. 5829
Author(s):  
Xinfei Li ◽  
Baodong Cheng ◽  
Qiling Hong ◽  
Chang Xu
Keyword(s):  
Environmental Regulation ◽  
Total Factor Productivity ◽  
Environmental Quality ◽  
Negative Impact ◽  
Environmental Regulations ◽  
Removal Rate ◽  
Utilization Rate ◽  
Factor Productivity ◽  
Regulatory Policies ◽  
The Impact

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.

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