| Title | Environmental effects of the establishment of pilot free trade zones: evidence from Chinese resource-based enterprises |
|---|---|
| ID_Doc | 32593 |
| Authors | Li, X; Xu, Q; Wang, HC |
| Title | Environmental effects of the establishment of pilot free trade zones: evidence from Chinese resource-based enterprises |
| Year | 2023 |
| Published | Environmental Science And Pollution Research, 30, 8 |
| Abstract | The establishment of pilot free trade zones (FTZs) is a key strategic measure taken by China to promote high-quality economic development, but there are still gaps in the research on how the establishment of FTZs affects the environmental performance of enterprises from a micro perspective. Using data from China's Shanghai and Shenzhen A-share resource-based listed enterprises from 2010 to 2020, this paper uses the difference-in-difference model to examine the impact of the establishment of FTZs on the environmental performance of enterprises. The study finds that after the city that the enterprise located is set up as a free trade zone (FTZ), enterprises' environmental performance has been significantly improved, and this effect has a continuous positive impact. As far as the influence mechanism is concerned, the main driving forces for the establishment of FTZs are technology effect, competition effect, and resource allocation effect, which are embodied in the significant improvement of enterprises' green technology innovation, total factor productivity, and environmental protection investment. The environmental performance of non-state-owned and large-scale resource-based enterprises is more prominently affected by the establishment of FTZs. In capital-intensive industries and the eastern region, the environmental performance improvement effect of the establishment of FTZs is more obvious. This study provides targeted suggestions for resource-based enterprises to effectively implement the environmental green development strategy. |
Similar Articles
| ID | Score | Article |
|---|---|---|
35787
|
Wang, GH; Hou, YR; Du, SS; Shen, C Do pilot free trade zones promote green innovation efficiency in enterprises? -Evidence from listed companies in China(2023)Heliyon, 9, 10 | |
| 30523
|
Liu, X; Zhang, J; Liu, TH; Zhang, XJ Can the Special Economic Zones Promote the Green Technology Innovation of Enterprises? An Evidence From China(2022) | |
| 33055
|
Zhang, HK; Zhou, CB Construction of the Pilot Free Trade Zone and Chinese Green Total Factor Energy Efficiency(2023)Sustainability, 15.0, 12 | |
| 30765
|
Liu, L; Fu, PL; He, K; Meng, QG; Liu, XN Impact assessment and mechanism analysis of the construction of pilot free trade zones on the efficiency of urban green technology innovation(2024) | |
| 33397
|
Wang, AP; Hu, Y; Li, YY; Rao, SQ; Lin, WF Do pilot free trade zones improve the green total factor productivity? Evidence from a quasi-natural experiment in China(2022)Environmental Science And Pollution Research, 29.0, 50 | |
| 69278
|
Zhou, CB Green innovation: a key strategy for enterprises and countries to gain a competitive edge in the global market(2024) | |
| 33744
|
Lou, BL; Xie, BW; Liu, P; Zhu, MZ; Xu, WZ Evaluating the impact of free trade zone construction on urban air pollution in China-Empirical evidence from a spatial differences-in-differences approach(2023) | |
| 31911
|
Qu, F; She, WS; Li, D; Zheng, B; Albitar, K Mitigating excessive financialization or promoting innovation? Productivity effects of China's carbon emission trading scheme(2024) | |
| 35410
|
Yang, HL; Yuan, PH Environmental protection investment on performance of heavy-polluting enterprises: evidence from China's A-share listed companies(2024)Environmental Science And Pollution Research, 31, 13 | |
| 30403
|
Sun, YM; Shen, SM; Zhou, CY Does the pilot emissions trading system in China promote innovation? Evidence based on green technology innovation in the energy sector(2023) |