气候变化领域集成服务门户(CCPortal): Does environmental information disclosure improve energy efficiency?

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DOI	10.1016/j.enpol.2022.112919
	Does environmental information disclosure improve energy efficiency?
	Bu C.; Zhang K.; Shi D.; Wang S.
发表日期	2022
ISSN	0301-4215
卷号	164
英文摘要	Environmental information disclosure (EID), a typical informal environmental regulation with third-party participation, has been attracting much attention as to how effective it is in controlling pollution and saving energy. Yet little existing research has explored how to improve corporate energy efficiency (EE) from the perspective of informal environmental regulation. The paper show that EID can not only reduce pollution, but also significantly improve corporate EE, especially for exporting, large-scale, non-state-owned and growing firms. Our results are robust after a series of robustness checks. We further discuss plausible mechanism for the effect of EID on corporate EE: improving energy structure, increasing investment efficiency, and inhibiting innovation of firms in polluting industries, which is essentially a trade-off between EE improvement effect and EE reduction effect, and the EE improvement effect clearly prevail. In addition, government environmental regulation has positive moderating effect on the causal relationship between EID and EE of low-energy firms. However, the energy efficiency improvement effect of EID on high-energy firms is negatively moderated by government environmental regulations. This study provides new ideas for environmental governance in emerging countries through a rational balance of informal and formal environmental regulation. © 2022 Elsevier Ltd
英文关键词	Difference-in-differences; Energy efficiency; Energy structure; Environmental information disclosure; Moderating effects
语种	英语
scopus关键词	Economic and social effects; Environmental regulations; Investments; Pollution control; Corporates; Difference-in-differences; Differences-in-differences; Energy efficiency improvements; Energy structures; Environmental information disclosure; Large-scales; Moderating effect; Saving energy; Third parties; Energy efficiency; energy efficiency; environmental legislation; information management; pollution control; statistical analysis
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/256257
作者单位	School of Economics, Southwest University of Political Science and Law, Chongqing, 401120, China; School of Economics, Southwestern University of Finance and Economics, Chengdu, 611130, China; School of Economics, Wuhan University of Technology, Wuhan, 430070, China; School of Statistics and Management, Shanghai University of Finance and Economics, Shanghai, 200433, China
推荐引用方式 GB/T 7714	Bu C.,Zhang K.,Shi D.,et al. Does environmental information disclosure improve energy efficiency?[J],2022,164.
APA	Bu C.,Zhang K.,Shi D.,&Wang S..(2022).Does environmental information disclosure improve energy efficiency?.Energy Policy,164.
MLA	Bu C.,et al."Does environmental information disclosure improve energy efficiency?".Energy Policy 164(2022).