| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w26540 |
| 来源ID | Working Paper 26540 |
| Going Green in China: Firms\u2019 Responses to Stricter Environmental Regulations | |
| Haichao Fan; Joshua S. Graff Zivin; Zonglai Kou; Xueyue Liu; Huanhuan Wang | |
| 发表日期 | 2019-12-09 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | This paper examines the effect of stringent environmental regulations on firms' environmental practices, economic performance, and environmental innovation. Reducing COD levels by 10% relative to 2005 levels is an aim of the Chinese 11th Five-Year Plan. Using a difference-in-differences framework based on a comprehensive firm-level dataset, we find that more stringent environmental regulations faced by firms are positively associated with a greater probability of reducing COD emissions; also, there exists an evident heterogeneous effect across industries with different pollution intensities. Stricter environmental regulations also account for the sharp decline in firms' profits, capital, and labor. After executing a complete chain of tests of the underlying mechanisms, we find that firms rely more on recycling and abatement investment than on innovations when meeting environmental requirements. |
| 主题 | Microeconomics ; Households and Firms ; Other ; Law and Economics ; Development and Growth ; Innovation and R& ; D ; Environmental and Resource Economics ; Environment |
| URL | https://www.nber.org/papers/w26540 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/584214 |
| 推荐引用方式 GB/T 7714 | Haichao Fan,Joshua S. Graff Zivin,Zonglai Kou,et al. Going Green in China: Firms\u2019 Responses to Stricter Environmental Regulations. 2019. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w26540.pdf（430KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
