Assessing the impact of economic growth target constraints on environmental pollution: Does environmental decentralization matter?

Ren, Siyu; Du, Mingyue; Bu, Wenchao; Lin, Tao

doi:10.1016/j.jenvman.2023.117618

Cited by 59 publications

(18 citation statements)

References 56 publications

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“…Although the surge in fixed asset investment and new town expansion resulted in significant GDP growth, it also led to extensive housing and road construction, which in turn caused a substantial carbon emission issue (Li and Qi, 2011;Xu and Lin, 2016;Fan and Zhou, 2019). In this way, the aggressive economic growth target indirectly generates an additional carbon emission burden (Ren et al, 2023). Based on the above analysis, Hypothesis 4, Hypothesis 5, and Hypothesis 6 of this paper are proposed.…”

Section: Mechanism Analysis and Hypothesis Formulationmentioning

confidence: 87%

Does the setting of local government economic growth targets promote or hinder urban carbon emission performance? Evidence from China

Chen,

Zhang,

et al. 2023

Environ Sci Pollut Res

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The management of growth targets drives China's rapid economic expansion and leads to potential carbon emission externalities. This paper empirically investigates the impact of economic growth target setting on carbon emission performance using panel data from 257 Chinese localities between 2004 and 2020. The analysis is conducted using 2SLS instrumental variable regression, cluster standard error regression, and the spatial Durbin model. The empirical findings indicate that local economic growth targets conditionally improve urban carbon emission performance, and moderate targets effectively enhance regional carbon emission performance, with moderate targets effectively enhancing regional carbon emission performance. However, aggressive economic growth targets do not contribute to the enhancement of regional carbon emission performance. The analysis of mechanisms shows that moderate economic growth targets enhance regional carbon performance by fostering innovation in green technology, while aggressive targets impede performance by encouraging increased investment in fixed assets and the growth of new cities. The analysis of heterogeneity indicates that cities in the eastern and western regions, characterized by larger populations and lower reliance on natural resources, have more effective economic development targets for enhancing local carbon performance. Additionally, the establishment of local economic development targets negatively affects the carbon emissions performance of neighboring regions, with the most significant negative spillovers observed at a spatial scale of 100 to 200 kilometers. This paper expands upon research concerning the environmental consequences of setting economic growth targets and the factors influencing carbon emission performance. It offers practical insights for achieving a balance between economic growth and carbon emission governance in emerging market countries.

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Section: Mechanism Analysis and Hypothesis Formulationmentioning

confidence: 87%

Does the setting of local government economic growth targets promote or hinder urban carbon emission performance? Evidence from China

Chen,

Zhang,

et al. 2023

Environ Sci Pollut Res

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“…It appears that economic growth reduces CO 2 emissions in the long run, even while it increases emissions in the short term. In their 2019 study, Ren et al [ 61 ] verified that the EKC hypothesis holds water in APEC member nations. This assertion is backed by other studies done in 2018 by Ren et al [ 61 ].…”

Section: Section 2: Literature Reviewmentioning

confidence: 99%

“…In their 2019 study, Ren et al [ 61 ] verified that the EKC hypothesis holds water in APEC member nations. This assertion is backed by other studies done in 2018 by Ren et al [ 61 ]. The link between FIN and environmental performance is unclear, though.…”

Section: Section 2: Literature Reviewmentioning

confidence: 99%

Exploring the impact of climate technology, financial inclusion and renewable energy on ecological footprint: Evidence from top polluted economies

Wang,

Ye,

Lin

et al. 2024

PLoS ONE

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Most South Asian countries’ economies have grown dramatically during the past few decades. However, in light of their environmental sustainability goals, the quality of such growth performances by South Asian nations is called into doubt by the concurrent degradation in environmental quality. Consequently, reducing the environmental challenges these nations encounter is prioritized on the agendas of the relevant authorities. This study aimed to analyze the effect of the top 11 most polluted countries’ levels of financial inclusion, technological innovation, consumption of renewable energy, and adoption of climate technology on environmental deterioration from 2000 to 2022. Therefore, this research aims to use cutting-edge panel data econometric techniques to investigate the factors contributing to high carbon footprints in the world’s most polluted nations. The results support an inverted U-shaped relationship between economic growth and carbon footprints, crediting the environmental Kuznets curve concept. In addition, it has been shown that TECH, REC, and CT can reduce carbon footprints in both the short and long term, while GDP and financial inclusion only affect carbon footprints in the long term. The results further endorsed the pollution haven hypothesis by showing that GDP positively affects carbon footprint. As a result, leading polluting economies need to strengthen their financial sectors, create green technology, migrate to renewable energy, and limit financial inclusion to improve environmental quality.

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“…Additionally, increasing the proportion of clean energy sources like hydroelectric and wind power, as well as adjusting the energy consumption structure, can also reduce the energy intensity of manufacturing, thus contributing to its low-carbon development [ 39 , 40 ].In studying the relationship between government target pressure and green total factor productivity in the manufacturing industry (MGTFP), early studies have focused on the impact of economic growth target pressure. When the pressure to achieve economic growth targets is high, local governments are more inclined to adopt relaxed environmental regulations to reduce the intensity of environmental regulations that may exacerbate environmental pollution in local and neighboring areas [ 41 ].However, the contribution of economic growth target pressure to environmental pollution can be enhanced by improving environmental monitoring decentralization (EDM) [ 42 ]. Several studies have found a significant "U" shaped relationship between economic growth target pressure and air pollution [ 43 ], as well as a "U" shaped relationship with carbon emissions [ 44 ], and an inverted "U" shaped relationship with eco-efficiency [ 45 ].…”

Section: Literature Reviewmentioning

confidence: 99%

Influence of local governments on the greening of the manufacturing sector: A perspective on environmental governance objectives

Wang,

Li,

2024

Heliyon

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Assessing the impact of economic growth target constraints on environmental pollution: Does environmental decentralization matter?

Cited by 59 publications

References 56 publications

Does the setting of local government economic growth targets promote or hinder urban carbon emission performance? Evidence from China

Does the setting of local government economic growth targets promote or hinder urban carbon emission performance? Evidence from China

Exploring the impact of climate technology, financial inclusion and renewable energy on ecological footprint: Evidence from top polluted economies

Influence of local governments on the greening of the manufacturing sector: A perspective on environmental governance objectives

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