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Title The Heterogeneous Effects of Different Environmental Policy Instruments on Green Technology Innovation
ID_Doc 30262
Authors Yi, M; Fang, XM; Wen, L; Guang, FT; Zhang, Y
Title The Heterogeneous Effects of Different Environmental Policy Instruments on Green Technology Innovation
Year 2019
Published International Journal Of Environmental Research And Public Health, 16, 23
DOI 10.3390/ijerph16234660
Abstract Environmental regulation is an important driving force of green technology innovation. In this paper, environmental policy instruments are classified into three categories: command-control, market-incentive and social-will. Based on the panel data of 30 provinces in China from 2010 to 2017, a fixed effect model and a panel threshold regression model are used to test the heterogeneous effects of different types of environmental policy instruments on the green technology innovation in China. The results show that: (1) Overall, China's environmental policy instruments do not provide sufficient impetus for green technology innovation; (2) The impact of command-control environmental policy instruments on green technology innovation has a single threshold effect. When its intensity exceeds a certain threshold, green technology innovation is improved. The impact of market-incentive environmental policy instruments on the green technology innovation shows a double threshold effect, that is to say, only when its intensity maintained within a reasonable interval, can green technology innovation be promoted by it; (3) There is significant spatial difference in the impact of different types of environmental policy instruments on green technology innovation. In order to induce green technology innovation, it is necessary to formulate a combined and differentiated environmental policy system, while rationally adjusting the strength of different types of environmental policy instruments.
Author Keywords green technology innovation; environmental policy instruments; panel threshold estimation; regional heterogeneity
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Science Citation Index Expanded (SCI-EXPANDED); Social Science Citation Index (SSCI)
EID WOS:000507275700040
WoS Category Environmental Sciences; Public, Environmental & Occupational Health
Research Area Environmental Sciences & Ecology; Public, Environmental & Occupational Health
PDF https://www.mdpi.com/1660-4601/16/23/4660/pdf?version=1575454273
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