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DOI10.1016/j.enpol.2020.111310
How does environmental regulation promote technological innovations in the industrial sector? Evidence from Chinese provincial panel data
Ouyang X.; Li Q.; Du K.
Date Issued2020
ISSN0301-4215
Volume139
Other AbstractPromoting technological innovations by environmental regulation is one of the essential means to achieve green transformation. This study investigates the effect of environmental regulation on technological innovations based on the provincial panel data of industrial sectors in China during the years 2005–2015. The two-way fixed-effect panel data model is used to investigate the marginal and heterogeneous impacts empirically. Results indicate a U-shaped relationship between environmental regulation and technological innovations. In the short-term, environmental regulation has an “offsetting effect” on the research and innovation capacity of China's industrial sector. However, with the deepening of environmental regulation, it forces the industry to reduce the cost of pollution control by improving technological innovation capacity, thus creating a “compensation effect”. Results also show that environmental regulation policies changed the location and industry selection of foreign capital, which weakened the positive effect of FDI on technological innovations, indicating the “pollution shelter” effect. From the perspective of different types of enterprises, due to the higher cost of energy conservation and emission reduction, environmental regulation is detrimental to the technological innovations of state-owned enterprises. In particular, we find that industries with a higher degree of market competition and higher human capital investment tend to have stronger technological innovation capabilities. © 2020 Elsevier Ltd
enkeywordsEnvironmental regulation; FDI; Ownership structure; Technological innovations
Language英语
scopus keywordsCompetition; Cost reduction; Emission control; Industrial research; Investments; Compensation effects; Human capital investments; Innovation capacity; Market competition; Ownership structure; State owned enterprise; Technological innovation; Technological innovation capability; Environmental regulations; environmental policy; foreign direct investment; innovation; panel data; pollution control; regulatory framework; technological development; China
journalEnergy policy
Document Type期刊论文
Identifierhttp://gcip.llas.ac.cn/handle/2XKMVOVA/124815
AffiliationSchool of Economics, Faculty of Economics and Management, East China Normal University, Shanghai, 200062, China; Harris Public Policy, University of Chicago, 1307 E. 60th St, Chicago, IL 60637, United States; School of Management, China Institute for Studies in Energy Policy, Xiamen University, Xiamen, 361005, China
Recommended Citation
GB/T 7714
Ouyang X.,Li Q.,Du K.. How does environmental regulation promote technological innovations in the industrial sector? Evidence from Chinese provincial panel data[J],2020,139.
APA Ouyang X.,Li Q.,&Du K..(2020).How does environmental regulation promote technological innovations in the industrial sector? Evidence from Chinese provincial panel data.Energy policy,139.
MLA Ouyang X.,et al."How does environmental regulation promote technological innovations in the industrial sector? Evidence from Chinese provincial panel data".Energy policy 139(2020).
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