scholarly journals The Employment Effect Of Chinese Enterprises Embedded In The Global Environmental Value Chain

2021 ◽  
Author(s):  
Shuhong Wang ◽  
Hanxue Chen ◽  
Kedong Yin
Keyword(s):  
Division Of Labor ◽  
Value Chain ◽  
Business Performance ◽  
Inhibitory Effect ◽  
Employment Effect ◽  
Eastern Region ◽  
Environmental Value ◽  
Global Environmental ◽  
Negative Effect ◽  
The Impact

Abstract The employment effect of enterprises embedded in global value chains has important theoretical value, but existing research has ignored the impact of cross-border pollution transfer on employment under the division of labor system within the value chain. This study constructs a global environmental value chain (GEVC) analysis framework to combine economic and environmental issues and establishes a theoretical model to discuss the impact of the degree of enterprise embeddedness in the GEVC on employment. Using 2000–2006 data from the China Industry Business Performance and China Customs databases, the study finds that an increase in the degree of enterprise embeddedness has a significant inhibitory effect on employment, especially for female laborers, lower-skilled laborers, state-owned enterprises, private enterprises, and enterprises in the eastern region. The research also shows that the cost increase effect enhances the negative effect of increased GEVC embeddedness on employment, while the innovation promotion effect and the foreign direct investment effect serve to mitigate the negative effect. The results provide a reference for developing countries seeking to effectively protect people's livelihood and employment while achieving a leap in the division of labor along the green value chain.

scholarly journals Exports, Misallocation, and Total Factor Productivity of Furniture Enterprises

2019 ◽  
Vol 11 (18) ◽  
pp. 4892
Author(s):  
Chang Xu ◽  
Jianbing Guo ◽  
Baodong Cheng ◽  
Yu Liu
Keyword(s):  
Total Factor Productivity ◽  
Value Chain ◽  
Fixed Effects ◽  
Negative Impact ◽  
Market Competition ◽  
Fixed Effects Model ◽  
Factor Productivity ◽  
Labor Costs ◽  
Negative Effect ◽  
The Impact

With the increase in labor costs in China and the tremendous changes in the international trade environment, upgrading the total factor productivity of Chinese furniture export enterprises faces a great challenge. Lots of studies have explored the interaction of exports or misallocation on the total factor productivity (TFP) of furniture enterprises, however, there is little knowledge on the impact and interaction of both exports and misallocation on the TFP. Based on panel data of Chinese furniture enterprises, this paper measures the TFP and the distortion of labor and capital resources in Chinese furniture enterprises. A two-way fixed-effects model is used to analyze the impact of exports and misallocation on the TFP of Chinese furniture enterprises. The paper reveals several important findings. First, the TFP of Chinese furniture export enterprises is lower than that of non-export enterprises, this phenomenon is called the “export–productivity paradox”. Chinese furniture export enterprises are processing trade-oriented and labor-intensive enterprises at the low end of the value chain, exports have a negative effect on improving the TFP of furniture enterprises in the short term. Second, the distortion of labor and capital resources in Chinese furniture enterprises promotes improvements to the TFP of furniture enterprises rather than reducing the TFP of furniture enterprises. Last but not the least, we find that misallocation has a positive moderating effect on exports and can weaken the negative impact of exports on TFP by the “forced mechanism”, which is that the higher the distortion of the misallocation, the higher the cost of acquiring capital and labor, and enterprises are forced to enhance their productivity when facing market competition, thus promoting improvements to the TFP of furniture enterprises.

scholarly journals Environmental regulation and financial performance of Chinese listed companies

PLoS ONE ◽  
2020 ◽  
Vol 15 (12) ◽  
pp. e0244083
Author(s):  
Bing Zhou ◽  
Jing Wu ◽  
Sidai Guo ◽  
Mingxia Hu ◽  
Jing Wang
Keyword(s):  
Financial Performance ◽  
Environmental Regulations ◽  
Random Effect ◽  
Inhibitory Effect ◽  
Eastern Region ◽  
The Sustainable Development ◽  
Chinese Listed Companies ◽  
And Performance ◽  
The Impact

Objective The answer to this article lies in: Does the financial activities of physical enterprises have an adverse impact on their main business? Is it conducive to the sustainable development of the national economy? However, when most scholars study the impact of environmental regulations on companies performance, they have not classified companies performance. This article will study the relationship between environmental regulations and performance levels based on the classification of companies performance, and then divide the nature of industry pollution, companies location and nature of property for in-depth research. Methods First, this article uses a random effect variable-intercept model to measure companies financial performance and non-financial performance. Then, the variables are divided into two variable groups: light pollution and heavy pollution according to the nature of industry pollution. Next, the companies are divided into three variable groups: the eastern region, the central region, and the western region. Finally, the company is divided into two variable groups: state-owned and non-state-owned according to the nature of property. Conclusions The study found that: (1) Environmental regulations have inhibited companies financial activities. And the inhibitory effect of environmental regulations on the financial performance of enterprises is more obvious in the heavily polluting industries and enterprises in central and eastern regions. (2) Environmental regulations and companies non-financial performance are also negatively related, environmental regulations have also inhibited the non-financial performance of companies, this effect is more pronounced in heavily polluting industries and enterprises in western regions. (3) Income crowding effect brought by China's environmental regulations is greater than the income compensation effect brought by stimulating technological innovation.

scholarly journals Impact of Regional Environmental Regulations on Taiwanese Investment in Mainland China

2021 ◽  
Vol 13 (8) ◽  
pp. 4134
Author(s):  
Fang Yang ◽  
Qinfan Gan
Keyword(s):  
Local Governments ◽  
Regional Differences ◽  
Environmental Regulations ◽  
Mainland China ◽  
Estimation Method ◽  
Inhibitory Effect ◽  
Environmental Standards ◽  
Investment Volume ◽  
Negative Effect ◽  
The Impact

Based on the perspective of regional differences and decentralization, this article investigated the impact of environmental regulations on Taiwanese investment in mainland China from theoretical and empirical perspectives, and analyzed whether local governments are competing to lower environmental standards to attract Taiwanese investment so as to maintain their comparative advantages. This paper constructed a theoretical model through a two-stage game model. With the panel data of each province in Mainland China from 2006 to 2016, the theoretical propositions were empirically tested through the system GMM estimation method. The results show that the environmental regulation policies adopted by the local governments in the mainland have a significant inhibitory effect on the investment volume of Taiwan-funded enterprises, and the interaction between environmental regulations and local tax burden levels also has a negative effect on Taiwanese investment. Local governments have the motive to reduce environmental regulations to attract investment.

scholarly journals Population Ageing, Financial Deepening and Economic Growth: Evidence from China

2018 ◽  
Vol 10 (12) ◽  
pp. 4627 ◽  
Author(s):  
Shangmei Zhao ◽  
Jiang He ◽  
Haijun Yang
Keyword(s):  
Economic Growth ◽  
Positive Impact ◽  
Threshold Level ◽  
Inhibitory Effect ◽  
Population Ageing ◽  
Marginal Effect ◽  
Financial Deepening ◽  
Dynamic Panel ◽  
Negative Effect ◽  
The Impact

Using a panel of 31 Chinese provinces from 2000 to 2016, we investigated the impact of population ageing and financial deepening on economic growth. Based on the dynamic panel system GMM estimators, the empirical results address that both population ageing and financial deepening have a significantly positive impact on economic growth, while the interactions between them have a significantly negative effect on economic growth. From the perspective of total marginal effect, we also find that population ageing does contribute to economic growth but only when financial deepening is less than a threshold level; however, on the whole, financial deepening has an inhibitory effect on economic growth which increases with population ageing.

scholarly journals Research on the Impact Factors of Green Economy of China—From the Perspective of System and Foreign Direct Investment

2021 ◽  
Vol 13 (16) ◽  
pp. 8741
Author(s):  
Bohan Chai ◽  
Junwei Gao ◽  
Lingying Pan ◽  
Yishu Chen
Keyword(s):  
Foreign Direct Investment ◽  
Direct Investment ◽  
Global Economy ◽  
Green Economy ◽  
Impact Factors ◽  
Eastern Region ◽  
Real Economy ◽  
Green Development ◽  
Negative Effect ◽  
The Impact

The outbreak of COVID-19 has had an immeasurable impact on the global economy. It has damaged parts of the real economy, but also provided new opportunities for China’s green development. Both the system and foreign direct investment (FDI) have an important impact on China’s green recovery path. Based on the provincial panel data of China from 2007 to 2016, this paper uses a slacks-based measure (SBM) model and Malmquist–Luenberger (ML) index to measure the green total factor productivity (GTFP), and empirically analyzes the regulatory role of system in the influencing mechanism of FDI on GTFP. The results show that the overall level of FDI significantly inhibits the improvement of GTFP, and the interaction between system and FDI makes it shift from inhibition to promotion, but the promotion would be weakened with the improvement of the system. FDI in the eastern region shows a positive effect on GTFP, which will be weakened with the improvement of the system. FDI in central and western regions shows a negative effect on GTFP, and the negative effect in western regions will be increased with the improvement of the system. Then this article puts forward targeted policy suggestions for further improving the level of regional systems and introducing FDI of high quality.

scholarly journals An Analysis of the Impact of Market Segmentation on Energy Efficiency: A Spatial Econometric Model Applied in China

2021 ◽  
Vol 13 (14) ◽  
pp. 7659
Author(s):  
Liangjun Yi ◽  
Wei Zhang ◽  
Yuanxin Liu ◽  
Weilin Zhang
Keyword(s):  
Energy Efficiency ◽  
Environmental Protection ◽  
Market Segmentation ◽  
Geographically Weighted Regression ◽  
Positive Impact ◽  
Weighted Regression ◽  
Eastern Region ◽  
Geographically Weighted Regression Model ◽  
Negative Effect ◽  
The Impact

China’s recent development has been nothing short of remarkable, but energy-saving, and environmental protection is still a serious problem. The improvement of energy efficiency (EE) is an important factor for China to better follow the path of energy conservation, sustainable development, and environmental protection. Meanwhile, market segmentation is a unique phenomenon in the process of China’s economic development. Hence, studying market segmentation on energy efficiency has positive significance for improving energy efficiency. The major objective of this study is to investigate the relationship between EE and market segmentation. This paper measures market segmentation by the Price-Based Approach, calculating EE by super slack-based measure (super-SBM), and integrated spatial Durbin model and geographically weighted regression model. Based on the panel data of 30 provinces in China from 1995 to 2018, this paper finds that: (1) Regional market segmentation has a significant negative effect on EE. Moreover, in terms of spatial effect, market segmentation has a positive spatial spillover on EE estimated by 0-1 matrix suggesting that market segmentation in the surrounding area has a positive impact on local EE. (2) The negative effect of Market segmentation on EE demonstrates the obvious regional difference: Eastern region > central region > western region. In addition, geographically weighted regression results show that the impact of market segmentation on EE shows that in regional spatial distribution, Shanghai, Jiangsu, Zhejiang, and Anhui have the strongest negative effect, second in Fujian, Jiangxi, Shandong, Henan, Hubei, Beijing, Tianjin, and Hebei. (3) This paper confirms that market segmentation can affect EE through local protectionism, technological difference, and scale effect. Finally, through the above research basis, put forward the corresponding policy suggestions.

scholarly journals Influence of Financialization of Heavily Polluting Enterprises on Technological Innovation under the Background of Environmental Pollution Control

2021 ◽  
Vol 18 (24) ◽  
pp. 13330
Author(s):  
Yingying Zhou ◽  
Yuehan Du ◽  
Fengyi Lei ◽  
Ziru Su ◽  
Yifei Feng ◽  
...  
Keyword(s):  
Environmental Pollution ◽  
Technological Innovation ◽  
Inhibitory Effect ◽  
Crowding Out ◽  
Financial Investment ◽  
Rapid Economic Growth ◽  
Negative Effect ◽  
Squeeze Out ◽  
And Behavior ◽  
The Impact

In the wake of the acceleration of China’s industrialization and rapid economic growth, environmental pollution has also attracted great attention. The technological innovation of heavily polluting enterprises is conducive to reducing pollution emissions and promoting environmental health. The financial investment tendency and behavior of real enterprises have a significant impact on the technological innovation decision-making of enterprises. A panel model is used in this paper in order to empirically test the impact of financialization of Chinese heavily polluting enterprises on technological innovation based on the data of Listed Companies in Chinese heavily polluting industries from 2008 to 2019. The + results show that the financialization of heavily polluting enterprises has a significant crowding out effect on technological innovation. After introducing arbitrage motivation as the regulating variable, further research finds that arbitrage motivation weakens the inhibitory effect of enterprise financialization on technological innovation, that is, the stronger the arbitrage motivation, the smaller the negative effect of financialization on enterprise technological innovation, which weakens this crowding out effect. Finally, the listed enterprises in heavily polluting industries are divided into state-owned enterprises and non-state-owned enterprises according to their corporate attributes. Compared with state-owned enterprises, the financialization of non-state-owned enterprises has a greater squeeze out of technological innovation; and arbitrage motivation has a more significant regulatory effect on the impact of enterprise financialization on technological innovation.

scholarly journals Influence of diesel fuel on the composition and content of free amino acids in the green alga Acrosiphonia arcta

2021 ◽  
Vol 937 (2) ◽  
pp. 022010
Author(s):  
M Klindukh ◽  
E Dobychina ◽  
M Makarov ◽  
I Ryzhik
Keyword(s):  
Amino Acids ◽  
Diesel Fuel ◽  
Free Amino Acids ◽  
Free Amino ◽  
Barents Sea ◽  
Petroleum Products ◽  
Inhibitory Effect ◽  
Arctic Ecosystems ◽  
Negative Effect ◽  
The Impact

Abstract Arctic ecosystems are the most sensitive and vulnerable to anthropogenic impact, namely, the influence of petroleum products. The aim is to identify the effect of diesel fuel (DF) on the composition of free amino acids (FAA) in Acrosiphonia arcta in Barents Sea. The impact of DF concentrations of 20 - 3000 maximal permitted concentration (MPC) was analyzed. It was found that A. arcta contains 20 amino acids, 16 of which are proteinogenic and 8 are essential. The composition of the FAA pool did not change under the influence of DF, but the content of individual FAA and their total amount differed. The ratio of the dominant amino acids changes: at concentrations of DF up to 1000 MPC content of proline increased, and decreased at higher concentrations of DF. Under the influence of DF in concentration of 3000 MPC, taurine content significant increased. The least negative effect was exerted under the influence of DF concentration of 20 MPC, more significant - at the concentration more than 1000 MPC. Changes in the content of FAA are probably associated with the redirection of the synthesis pathways of amino acid groups, as well as the inhibitory effect of the toxicant on protein synthesis.

scholarly journals The Impact of On-the-Job Consumption on the Sustainable Development of Enterprises

2021 ◽  
Vol 13 (23) ◽  
pp. 13478
Author(s):  
Ping Wang ◽  
Hua Bu ◽  
Huaping Sun
Keyword(s):  
Sustainable Development ◽  
Internal Control ◽  
Multiple Linear Regression Model ◽  
Inhibitory Effect ◽  
The Sustainable Development ◽  
Research Perspective ◽  
Sample Data ◽  
Negative Effect ◽  
The Impact ◽  
The Relationship

Under certain circumstances, on-the-job consumption is conducive to improving the resilience of the supply chain and the sustainable development ability of enterprises. Using China’s A-share listed companies from 2008 to 2019 as sample data in conjunction with the deconstructive analysis of on-the-job consumption, we used the multiple linear regression model of econometrics to deeply analyze the impact of on-the-job consumption on the sustainable development of enterprises, test the regulatory effect of innovation efficiency, and explore the governance effect of internal control and anti-corruption. Research shows that reasonable and excessive on-the-job consumption have positive and inhibitory effects, respectively, on the sustainable development of enterprises and the relationship between innovation efficiency and the sustainable development of enterprises. Compared to private enterprises, the positive effect of reasonable on-the-job consumption is smaller in state-owned enterprises, while the negative effect of excessive on-the-job consumption is larger in state-owned enterprises. Further research suggests that internal control can weaken the inhibitory effect of excessive on-the-job consumption on the positive relationship between the innovation efficiency and the sustainable development of enterprises, and the weakening effect is even greater after the implementation of anti-corruption policies. Anti-corruption policies and internal control can form a complementary force, effectively restrain the agency effect of excessive on-the-job consumption, and promote the sustainable development of enterprises. This research not only expands the research perspective of on-the-job consumption but also adds new theoretical explanations and empirical evidence for how to achieve the sustainable development of enterprises.

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