气候变化领域集成服务门户(CCPortal): Analysis of spatial heterogeneity and driving factors of capital allocation efficiency in energy conservation and environmental protection industry under environmental regulation

CCPortal

DOI	10.1016/j.enpol.2019.111081
	Analysis of spatial heterogeneity and driving factors of capital allocation efficiency in energy conservation and environmental protection industry under environmental regulation
	Geng C.; Cui Z.
发表日期	2020
ISSN	0301-4215
卷号	137
英文摘要	The paper integrates the economics and geography theoretical methods, and takes the data of 119 Chinese A-share listed companies in the energy conservation and environmental protection industry from 2008 to 2017 as the research sample, analyzes the spatial heterogeneity of industrial capital allocation efficiency and its driving factors from the perspective of environmental regulation. The GWR model is constructed to study the effect of driving factors on the capital allocation efficiency of each province and visualize the spatial distribution state of driving factors. The results show that the capital allocation efficiency of China's energy conservation and environmental protection industry shows a trend of increasing volatility, but there are obvious spatial dynamic differences in different provinces. Environmental regulation has a significant positive impact on regional capital allocation efficiency and enhances the effect and spatial heterogeneity of other drivers. Infrastructure condition and financial development have a significant positive effect on regional capital allocation efficiency, and both tend to decline from east to west. While the government support has a low impact and the scope of fluctuation and spatial heterogeneity is small, indicating that the relevant government support policies still lack the pertinence and effectiveness of local conditions. © 2019 Elsevier Ltd
英文关键词	A; Capital allocation efficiency; Energy conservation and environmental protection industry; Environmental regulation; F127; F275; Spatial heterogeneity; The driving factor
语种	英语
scopus关键词	Energy efficiency; Environmental protection; Industrial research; Spatial variables measurement; Capital allocation; Driving factors; Energy conservation and environmental protections; F127; F275; Spatial heterogeneity; Environmental regulations; capital; energy conservation; environmental legislation; environmental protection; heterogeneity; numerical model; regression analysis; spatial distribution; state role; China
来源期刊	Energy policy
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/124945
作者单位	College of Economics and Management, Nanjing University of Aeronautics and Astronautics, Nanjing, 211106, China
推荐引用方式 GB/T 7714	Geng C.,Cui Z.. Analysis of spatial heterogeneity and driving factors of capital allocation efficiency in energy conservation and environmental protection industry under environmental regulation[J],2020,137.
APA	Geng C.,&Cui Z..(2020).Analysis of spatial heterogeneity and driving factors of capital allocation efficiency in energy conservation and environmental protection industry under environmental regulation.Energy policy,137.
MLA	Geng C.,et al."Analysis of spatial heterogeneity and driving factors of capital allocation efficiency in energy conservation and environmental protection industry under environmental regulation".Energy policy 137(2020).