气候变化领域集成服务门户(CCPortal): Government mandatory energy-biased technological progress and enterprises' environmental performance: Evidence from a quasi-natural experiment of cleaner production standards in China

CCPortal

DOI	10.1016/j.enpol.2022.112779
	Government mandatory energy-biased technological progress and enterprises' environmental performance: Evidence from a quasi-natural experiment of cleaner production standards in China
	Li Z.; Wu B.; Wang D.; Tang M.
发表日期	2022
ISSN	0301-4215
卷号	162
英文摘要	The effective government mandatory energy-biased technological progress and its transition to price-induced or R&D-induced technological progress is critical to achieving sustainable development in developing countries such as China. Based on a quasi-natural experiment of cleaner production standards in China, this study investigated the impact of government mandatory energy-biased technological progress on enterprises' environmental performance using the difference-in-differences method. Highly robust benchmark results indicated that the implementation of cleaner production standards effectively reduced the SO2 emissions intensity of enterprises, but failed to reduce the aggregate SO2 emissions. Mechanism analysis showed that the SO2 emissions intensity reduction effect is achieved by introducing advanced production process and desulfurization equipment and thus increasing fixed investment. Nevertheless, it “squeezes out” enterprises' R&D expenditures and increases the amount of coal consumption. Moreover, it can improve the degree of resource misallocation through affecting the entry and exit decisions of companies with heterogeneous productivity. Heterogeneity analysis revealed that the implementation of cleaner production standards is affected by enterprise ownership, industry characteristics, etc. This study suggests that the government should develop a market-oriented energy price regime, optimize the energy factor market, and improve the dual control system of energy consumption intensity and aggregate energy consumption. © 2022 Elsevier Ltd
英文关键词	China; Cleaner production standards; Difference-in-differences method; Environmental performance; Government mandatory energy-biased technological progress
语种	英语
scopus关键词	Aggregates; Commerce; Developing countries; Emission control; Environmental management; Investments; Sustainable development; China; Cleaner production; Cleaner production standard; Difference method; Difference-in-difference method; Difference-in-differences; Differences-in-differences; Energy; Environmental performance; Government mandatory energy-biased technological progress; Production standards; Technological progress; Energy utilization; alternative energy; energy efficiency; energy policy; local government; performance assessment; sustainability; technological change; technological development; 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/256362
作者单位	School of Business, East China University of Science and Technology, Shanghai, 200237, China
推荐引用方式 GB/T 7714	Li Z.,Wu B.,Wang D.,et al. Government mandatory energy-biased technological progress and enterprises' environmental performance: Evidence from a quasi-natural experiment of cleaner production standards in China[J],2022,162.
APA	Li Z.,Wu B.,Wang D.,&Tang M..(2022).Government mandatory energy-biased technological progress and enterprises' environmental performance: Evidence from a quasi-natural experiment of cleaner production standards in China.Energy Policy,162.
MLA	Li Z.,et al."Government mandatory energy-biased technological progress and enterprises' environmental performance: Evidence from a quasi-natural experiment of cleaner production standards in China".Energy Policy 162(2022).