scholarly journals Impacts of Environmental Regulation on the Green Transformation and Upgrading of Manufacturing Enterprises

2020 ◽  
Vol 17 (20) ◽  
pp. 7680 ◽  
Author(s):  
Liang Shen ◽  
Runjie Fan ◽  
Yuyan Wang ◽  
Zhaoqing Yu ◽  
Rongyun Tang
Keyword(s):  
Environmental Regulation ◽  
Manufacturing Industry ◽  
Technology Innovation ◽  
Econometric Model ◽  
Consumer Preference ◽  
Green Technology ◽  
Manufacturing Enterprises ◽  
Chinese Manufacturing Industry ◽  
The Government ◽  
The Relationship

Since environmental problems are becoming increasingly prominent, macro policies and social development have placed higher requirements on manufacturing enterprises to promote green transformation and upgrading (GTU) in China. Considering that different manufacturing enterprises choose different green technology innovation levels for GTU under environmental regulation, a game model between manufacturing enterprises and the government is constructed. The relationship between the green technology innovation level (GTIL) and the environmental regulation intensity is analyzed. Through numerical examples, the influences of environmental regulation and consumer preference on system decisions are further examined. Moreover, an econometric model is constructed to explore the influence that the environmental regulation exerts on the GTIL using panel data from the Chinese manufacturing industry. Our results show that the increase in environmental regulation intensity contributes to improving GTIL and promoting the GTU of manufacturing enterprises. Furthermore, as the environmental regulation is enhanced, the sales price decreases, benefiting consumers. Consumers’ preference for high-GTIL products is conducive to GTU under environmental regulation. Empirical analysis shows that there is a U-shaped relationship between environmental regulation and the GTIL. Only when the intensity reaches a threshold can the environmental regulation be beneficial to improve the GTIL and promote the GTU of Chinese manufacturing enterprises.

scholarly journals A Three-Player Game Model for Promoting the Diffusion of Green Technology in Manufacturing Enterprises from the Perspective of Supply and Demand

Mathematics ◽  
2020 ◽  
Vol 8 (9) ◽  
pp. 1585
Author(s):  
Manman Wang ◽  
Shuai Lian ◽  
Shi Yin ◽  
Hengmin Dong
Keyword(s):  
Environmental Regulation ◽  
Government Regulation ◽  
Technology Innovation ◽  
Supply And Demand ◽  
Green Technology ◽  
Manufacturing Enterprises ◽  
Starting Point ◽  
Potential Demand ◽  
The Government ◽  
The Impact

Taking the rational use of environmental regulations to promote the diffusion of green technology innovation in China’s manufacturing enterprises as the starting point, this study analyzed the benefits to the government, innovation-supplying enterprises, and potential demand-oriented enterprises. In addition, a tripartite evolutionary model was constructed to examine the impact of command-and-control environmental regulation and market-driven environmental regulation on the diffusion of green technology innovation in manufacturing enterprises. Finally, the study compared and analyzed the heterogeneous effects of different types of environmental regulation tools on the diffusion of green technology innovation in manufacturing enterprises using local stability analysis and numerical simulation. The results are as follows: (i) When the government does not implement environmental regulation tools or the regulation intensity is relatively small, the diffusion depth of green technology innovation in manufacturing enterprises is zero. (ii) When government regulation reaches a certain level, the system of manufacturing enterprises, innovation-supplying enterprises, and potential demand-oriented enterprises will choose to actively promote the diffusion of green technology innovation following a long evolution process. (iii) Increasing the punishment intensity and subsidy rate of green technology innovation can stimulate the diffusion of green technology innovation in manufacturing enterprises. (iv) The comprehensive use of the two kinds of environmental regulation tools has a heterogeneous influence on the strategic choice of green technology innovation diffusion subjects of manufacturing enterprises, and its incentive effect on potential demand-oriented enterprises is relatively poor.

scholarly journals Impact of Environmental Regulation Intensity on Green Technology Innovation: From the Perspective of Political and Business Connections

2021 ◽  
Vol 13 (9) ◽  
pp. 4862
Author(s):  
Yu-Hong Ai ◽  
Di-Yun Peng ◽  
Huan-Huan Xiong
Keyword(s):  
Environmental Regulation ◽  
Technology Innovation ◽  
Negative Impact ◽  
Early Stage ◽  
Green Technology ◽  
Political Connections ◽  
Long Run ◽  
Business Connections ◽  
The Impact ◽  
The Relationship

With heavy air pollution and the highest CO2 emissions in the world, China is in urgent need of technology innovation to improve the energy efficiency and control the pollution emission. This study empirically investigates the impact of environmental regulation intensity, political connections, and business connections on green technology innovation in China’s firms. The authors employ a panel data regression analysis on a dataset that comprises 884 observations for A-share listed companies from 2016 to 2019, owing to the availability of data. The results show: (1) Environmental regulation intensity (ERI) has a U-shaped effect on green technology innovation (GTI), which means GTI is inhibited by ERI in the early stage but gets promoted in the long run; (2) Political connections positively moderate the relationship between ERI and GTI mainly because of crowding-out effect and resource effect; (3) Business connections have a negative impact on the relationship between ERI and GTI, resulting from knowledge acquisition and lock-in; (4) Business connections have a greater moderating effect than political connections probably because political ties lack an effective mechanism to ensure long-term cooperation with the enterprises; (5) However, with regard to those firms in the non-heavily polluting industry, both connections moderate the relationship between ERI and GTI in an opposite direction to the main effect. The research results help policy makers formulate relevant policies, based on the impact of environmental regulation and social connections on green technology innovation.

Research on Environmental Regulation Influence in Shandong Province Regional Economic Development

2012 ◽  
Vol 524-527 ◽  
pp. 3241-3244
Author(s):  
Yuan Ma ◽  
Fei Zhu ◽  
Kai Wang
Keyword(s):  
Economic Development ◽  
Environmental Regulation ◽  
Technology Innovation ◽  
Econometric Model ◽  
Regional Economic Development ◽  
Shandong Province ◽  
Development Level ◽  
Set Up ◽  
The Relationship ◽  
Environment Regulation

An econometric model is set up to analyze the relationship between economic development level and environment regulation of Shandong Province. It is found that environment regulation can stimulate technology innovation then drive economic development. Remarkable hysteresis effect exists between environment regulation and economic development. Advices of Shandong Province economic development under environment regulation are given at last.

scholarly journals Research on the Efficiency of Green Technology Innovation in China’s Provincial High-End Manufacturing Industry Based on the RAGA-PP-SFA Model

2018 ◽  
Vol 2018 ◽  
pp. 1-13 ◽  
Author(s):  
Tuochen Li ◽  
Lei Liang ◽  
Dongri Han
Keyword(s):  
Environmental Regulation ◽  
Manufacturing Industry ◽  
High Efficiency ◽  
Technology Innovation ◽  
Negative Impact ◽  
Positive Impact ◽  
Green Technology ◽  
Manufacturing Industries ◽  
The West ◽  
Traditional Technology

This study offers a RAGA-PP-SFA model to measure green technology’s innovation efficiency in the high-end manufacturing industry. The study’s aim is to solve the shortcomings of traditional SFA methods that are unable to improve multi-output efficiency. The RAGA-PP-SFA model presented here is based on the multi-emission and multi-output characteristics of high-end manufacturing innovation activities. Using panel data from 2010 to 2015 on China's high-end manufacturing industry and considering factors such as environmental regulation, government subsidy, and market maturity, this paper empirically examines and compares the efficiency of green technology innovation versus traditional technology innovation, as well as regional heterogeneity in China's high-end manufacturing industry. The study ultimately found a low level of green technology innovation efficiency in China’s high-end manufacturing industry. However, an overall rising trend shows that the green development of China's high-end manufacturing industry has achieved remarkable results. Green technology innovation efficiency in high-end manufacturing industries across various regions was generally lower than the efficiency of traditional technology innovation. Both types of efficiency showed a pattern of “high in the east and low in the middle and in the west”. High-high efficiency is primarily found in the east, whereas the west is characterized by low-low efficiency. There are significant differences between regions, pointing to an equal rate of development. Government subsidies and enterprise scale had a significant negative impact on green technology innovation efficiency in regional high-end manufacturing industries, while market maturity and industrial agglomeration had a significant positive impact. Based on the study’s findings, environmental regulation and openness to the outside world play insignificant roles in green technology innovation efficiency.

scholarly journals Research on R&D Investment, Corporate Leverage and Firm Performance: Based on Chinese Manufacturing Industry

2021 ◽  
Vol 292 ◽  
pp. 02046
Author(s):  
Yuan Gao
Keyword(s):  
Manufacturing Industry ◽  
Fixed Effect Model ◽  
Moderating Effect ◽  
Industrial Transformation ◽  
Healthy Development ◽  
Effect Model ◽  
Chinese Manufacturing Industry ◽  
The Government ◽  
The Relationship ◽  
D Investment

With the development of science and technology, Chinese manufacturing industry is facing transformation and upgrading, and innovation is an important driving force to promote industrial transformation and upgrading. Therefore, based on the background of Chinese manufacturing transformation and upgrading, this paper uses fixed effect model to study the relationship between R & D investment and corporate performance, and the moderating effect of corporate leverage. The study finds that the greater the R & D investment of enterprises is, the better the performance of enterprises is. Meanwhile, the leverage of enterprises has a negative moderating effect on the relationship between R & D investment and enterprise performance. Therefore, enterprises should pay attention to their own R & D, reduce their debt levels, and promote the transformation and upgrading of enterprises. At the same time, the government should introduce corresponding preferential policies to encourage enterprises to carry out R & D and deleverage, in order to promote the healthy development of industrial economy.

scholarly journals Spatial Effects of Environmental Regulation and Green Credits on Green Technology Innovation Under Low-Carbon Economy Background Conditions

2019 ◽  
Vol 16 (17) ◽  
pp. 3027 ◽  
Author(s):  
Guo ◽  
Zhou ◽  
Liu ◽  
Wang
Keyword(s):  
Environmental Regulation ◽  
Technology Innovation ◽  
Green Technology ◽  
Spatial Effects ◽  
Low Carbon ◽  
Innovation Development ◽  
Low Carbon Economy ◽  
Surrounding Areas ◽  
The Relationship ◽  
Carbon Economy

Based on the data of green credit (GC), environmental regulation (ER) and green technology innovation (GTI) in 30 provinces and cities of China from 2007 to 2016, this study investigated the relationship between green credit and green technology innovation development and analyzed the adjustment effect of ER on GC to promote GTI using Geoda and Matlab2016 software, so as to further guide and encourage GC. The results show that GTI in 30 provinces and municipalities in China has a significant spatial agglomeration effect. Single GC plays a certain role in promoting local technology innovation, but it fails to influences the surrounding areas. Environmental regulation has a certain regulatory effect on the relationship between green credit and green technology innovation in the province but also fails to influences the surrounding areas.

scholarly journals Monopoly behavior of China’s manufacturing enterprises

2019 ◽  
Vol 2 (1) ◽  
pp. 157-179
Author(s):  
Guidong Wang
Keyword(s):  
Design Methodology ◽  
Manufacturing Industry ◽  
Rent Seeking ◽  
Content Type ◽  
Manufacturing Enterprises ◽  
Slow Decline ◽  
State Capital ◽  
The Government ◽  
Do So ◽  
Initial Jump

Purpose With the increase of state capital, corporate total factor productivity (TFP) has a tendency to jump up at first and then slowly decrease. Generally, no significant “productivity paradox” can be observed in China’s manufacturing industry. With the increase of export density, corporate TFP also shows a trend of initial jump growth and subsequent slow decline. This paper aims to discuss these issues. Design/methodology/approach Using the 1996–2013 China Industrial Enterprise Database, this paper studies the monopolistic behavior of Chinese manufacturing enterprises through the measurement of TFP and corporate monopoly power. Findings Results show that China’s manufacturing monopoly enterprises are generally innovation-oriented rather than rent-seeking. However, there are certain differences between diversified types of monopoly enterprises: the ones with state capital are more inclined to innovate than those without, whereas the ones with export delivery value are more inclined to seek rent than those without. Originality/value Therefore, the government should implement differentiated policies for diversified types of monopoly enterprises, and do so in a targeted manner fully reflecting the containment of rent-seeking and the encouragement of innovation.

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