| Title | Environmental regulation, innovation capability, and green total factor productivity: New evidence from China |
|---|---|
| ID_Doc | 31642 |
| Authors | Lee, CC; Zeng, ML; Wang, CS |
| Title | Environmental regulation, innovation capability, and green total factor productivity: New evidence from China |
| Year | 2022 |
| Published | Environmental Science And Pollution Research, 29, 26 |
| Abstract | Given China' rapid transformation, its economy is currently experiencing a change from a rugged development style to a sustainable development style with green development being critical to this transformation. Increasing green total factor productivity (GTFP) is now considered one of the significant signs of economic growth. With increasingly stricter environmental laws and regulations and a broad application of innovation capability (ICY) in modern life, this research investigates the impact mechanisms of both environmental regulations (ER) and ICY on GTFP, offering robust empirical results from panel data of 30 provinces in China covering the period 2006-2017. The results indicate that both ICY and ER effectively promote GTFP, but compared to ER, ICY has a heterogeneous effect on GTFP. Moreover, ICY plays a mediating role in ER and GTFP, while ER promotes GTFP through ICY. Accordingly, the paper puts forward some suggestions, such as to optimize and improve the ER policy, enact an innovation-driven development strategy, widely use ICY technology, and strengthen monitoring and supervision. |
| https://www.researchsquare.com/article/rs-962061/latest.pdf |
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