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Scientific Article details

Title Environmental Regulation, Government Subsidies, and Green Technology Innovation-A Provincial Panel Data Analysis from China
ID_Doc 30424
Authors Wang, P; Dong, C; Chen, N; Qi, M; Yang, SC; Nnenna, AB; Li, WX
Title Environmental Regulation, Government Subsidies, and Green Technology Innovation-A Provincial Panel Data Analysis from China
Year 2021
Published International Journal Of Environmental Research And Public Health, 18, 22
DOI 10.3390/ijerph182211991
Abstract Economic development in the "new era " will require green innovation. To encourage the growth of green technology innovation, it has become fashionable to strengthen environmental regulation. However, the impact of environmental regulation on green technology innovation, as well as the role of government subsidies, needs to be examined. Utilizing fixed-effect models and 2SLS models to explore the impact of environmental regulation on green technology innovation in China from 2003 to 2017, this research sought to examine whether environmental regulations impact green technology innovation, as well as the role of government subsidies in the above-mentioned influence path. The findings support the Porter Hypothesis by demonstrating an inverted "U " relationship between environmental regulation and green technology innovation. The impact of environmental regulation on green technology innovation varies by region. To be specific, there is an inverted "U " relationship between environmental regulation and green technology innovation in China's central and central coast regions. In comparison, the north area, southern coast, and southwest region exhibit a "U " relationship between the two. The relationship is not significant in the Beijing-Tianjin region. Additionally, government subsidies act as an intermediate in this process, positively influencing firms to pursue green technology innovation during the earliest stages of environmental regulation strengthening. However, government subsidies above a certain level are unproductive and should be used appropriately and phased off in due course.
Author Keywords environmental regulation; government subsidies; green technology innovation; China
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:000729291400001
WoS Category Environmental Sciences; Public, Environmental & Occupational Health
Research Area Environmental Sciences & Ecology; Public, Environmental & Occupational Health
PDF https://www.mdpi.com/1660-4601/18/22/11991/pdf?version=1636988184
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