Macro-environmental Regulation and Corporate Financial Constraints: A Quasi-Natural Experiment of China’s Low-Carbon City Pilot

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.

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Low-carbon city communication: Integrated strategies for urban and rural municipalities in Thailand

Chinese Journal of Population Resources and Environment ◽

10.1016/j.cjpre.2021.04.025 ◽

2021 ◽

Author(s):

Sukanya Sereenonchai ◽

Noppol Arunrat ◽

Thomas Neal Stewart

Keyword(s):

Low Carbon ◽

Integrated Strategies ◽

Rural Municipalities ◽

Low Carbon City

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Assessing CO2 Emissions from Passenger Transport with the Mixed-Use Development Model in Shenzhen International Low-Carbon City

Land ◽

10.3390/land10020137 ◽

2021 ◽

Vol 10 (2) ◽

pp. 137

Author(s):

Xianchun Tan ◽

Tangqi Tu ◽

Baihe Gu ◽

Yuan Zeng ◽

Tianhang Huang ◽

...

Keyword(s):

Land Use ◽

Co2 Emissions ◽

Travel Demand ◽

Development Model ◽

Low Carbon ◽

Passenger Transport ◽

Transport Accessibility ◽

Mixed Use ◽

Mixed Land Use ◽

Low Carbon City

Assessing transport CO2 emissions is important in the development of low-carbon strategies, but studies based on mixed land use are rare. This study assessed CO2 emissions from passenger transport in traffic analysis zones (TAZs) at the community level, based on a combination of the mixed-use development model and the vehicle emission calculation model. Based on mixed land use and transport accessibility, the mixed-use development model was adopted to estimate travel demand, including travel modes and distances. As a leading low-carbon city project of international cooperation in China, Shenzhen International Low-Carbon City Core Area was chosen as a case study. The results clearly illustrate travel demand and CO2 emissions of different travel modes between communities and show that car trips account for the vast majority of emissions in all types of travel modes in each community. Spatial emission differences are prominently associated with inadequately mixed land use layouts and unbalanced transport accessibility. The findings demonstrate the significance of the mixed land use and associated job-housing balance in reducing passenger CO2 emissions from passenger transport, especially in per capita emissions. Policy implications are given based on the results to facilitate sophisticated transport emission control at a finer spatial scale. This new framework can be used for assessing the impacts of urban planning on transport emissions to promote sustainable urbanization in developing countries.

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Does the Low-Carbon City Pilot Policy Promote Green Technology Innovation? Based on Green Patent Data of Chinese A-Share Listed Companies

International Journal of Environmental Research and Public Health ◽

10.3390/ijerph18073695 ◽

2021 ◽

Vol 18 (7) ◽

pp. 3695

Author(s):

Jintao Ma ◽

Qiuguang Hu ◽

Weiteng Shen ◽

Xinyi Wei

Keyword(s):

Technological Innovation ◽

Technology Innovation ◽

Objective Assessment ◽

Green Technology ◽

Low Carbon ◽

Corporate Financing ◽

Multiple Dimensions ◽

Low Carbon City ◽

The Impact ◽

A Share

To cope with climate change and achieve sustainable development, low-carbon city pilot policies have been implemented. An objective assessment of the performance of these policies facilitates not only the implementation of relevant work in pilot areas, but also the further promotion of these policies. This study uses A-share listed enterprises from 2005 to 2019 and creates a multi-period difference-in-differences model to explore the impact of low-carbon city pilot policies on corporate green technology innovation from multiple dimensions. Results show that (1) low-carbon city pilot policies stimulates the green technological innovation of enterprises as manifested in their application of green invention patents; (2) the introduction of pilot policies is highly conducive to green technological innovation in eastern cities and enterprises in high-carbon emission industries; and (3) tax incentives and government subsidies are important fiscal and taxation tools that play the role of pilot policies in low-carbon cities. By alleviating corporate financing constraints, these policies effectively promote the green technological innovation of enterprises. This study expands the research on the performance of low-carbon city pilot policies and provides data support for a follow-up implementation and promotion of policies from the micro perspective at the enterprise level.

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