Assessing the impact of tradable discharge permit on pollution reduction and innovation: micro-evidence from Chinese industrial enterprises

Tang, Maogang; Zhang, Ruihan; Zhen, Li; Wu, Bei

doi:10.1007/s10668-021-01381-5

Cited by 14 publications

(9 citation statements)

References 55 publications

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“…It may be because the eastern and central cities have high marketability and developed various factors (infrastructure, technology, and resources), reflecting the strength of circular economy. 56 In contrast, western cities fall behind in economic development, where the circular economy shows a weaker effect. Eastern cities are mainly dominated by low-carbon industries such as finance, service and light industry, and circular economy is less effective in reducing carbon emissions.…”

Section: Discussionmentioning

confidence: 99%

The spatial impacts of the circular economy on carbon intensity - new evidence from the super-efficient SBM-DEA model

Chen

2022

Energy & Environment

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With the signing of the Paris Agreement in 2016, countries began to explore new economic models to get rid of the high emissions and high pollution caused by the traditional extensive economic model. Circular economy (CE) is regarded as an important way to achieve carbon neutrality, yet there is little literature has explored the relationship between the two. This paper aims to provide evidence and suggestions for developing circular economy strategies in emerging developing countries such as China by exploring the relationship between circular economy and carbon emissions. In this study, urban carbon emissions were measured by using high-resolution carbon emission data and the circular economy of 285 cities in China from 2009 to 2018 was estimated using a data envelopment analysis (SBM-DEA) model based on a super effective slackness measure. Then, the spatial impact of the circular economy was analyzed based on the spatial Durbin model. The empirical results are as follows: first, carbon intensity shows a positive spatial correlation, with most cities clustered in high-high (H-H) and low-low (L-L) types. Second, it was found that CE has a significant negative impact on the carbon intensity of local cities and neighboring cities. Third, based on regional heterogeneity, CE has significant negative direct and indirect effects in central and western cities. In contrast, CE has only significant direct effects (negative values) in eastern cities.

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Section: Discussionmentioning

confidence: 99%

The spatial impacts of the circular economy on carbon intensity - new evidence from the super-efficient SBM-DEA model

Chen

2022

Energy & Environment

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“…Wang and Yang focused on laws and regulations related to water environment protection and discussed how these regulations have reduced the total amount of pollutants discharged from industrial wastewater, thereby improving the health status of Chinese citizens (Wang and Yang, 2016). In addition, Tang proposed that the tradable discharge permit system can reduce pollution discharge (Tang et al, 2021), and several researchers have demonstrated that the environmental accountability system encourages firms to reduce pollution emissions (Yu et al, 2022).…”

Section: Of Firmsmentioning

confidence: 99%

Heterogeneity of environmental protection law’s impact on firms’ pollutant discharge

Shan

Gao

2023

Front. Environ. Sci.

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In 2015, China revised its Environmental Protection Law to strengthen regulations on firms’ pollution discharge. However, the efficacy of this law in protecting the environment remains unclear. Using panel data from China’s listed firms spanning from 2010 to 2020, this paper applies the continuous difference model to analyze the impact of the Environmental Protection Law on firms’ pollutant emissions. The results demonstrate a significant and consistent reduction in both total pollutant emissions and pollutant emissions per outcome for firms due to the implementation of the Environmental Protection Law. Additionally, the study indicates a significant reduction in pollutant emissions among firms that did not receive environmental protection subsidies, state-owned enterprises, and firms without prior environmental pollution behaviors. The findings also suggest a two-year lag for the Environmental Protection Law to impact firms’ pollution emissions per outcome. These results carry important practical implications for the government’s efforts to transform environmental protection policies and for firms seeking to enhance their environmental performance.

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“…In the short term, most enterprises prefer to decrease their production capacity and buy controlling equipment [63]. However, in the long term, technological innovation is the trend [64]. Enterprises can decrease the increases in costs caused by environmental regulations by improving production technologies.…”

Section: Green Innovation Effectmentioning

confidence: 99%

A Study on the Influence of Green Industrial Policy on Urban Green Development: Based on the Empirical Data of Ecological Industrial Park Pilot Construction

2023

Sustainability

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Balancing economic development and ecological protection is a dilemma that requires a solution. The construction of ecological industrial parks is expected to be the key to resolving this situation. Based on panel data from 276 prefecture-level cities in China spanning from 2004 to 2019, this paper presents a multi-period difference-in-differences (DID) model to identify the causal relationship between eco-industrial parks and the development of urban green spaces. The research indicates that the creation of eco-industrial parks can significantly promote the sustainable development of urban areas, with a policy promotion effect of approximately 0.0279. The analysis of the mechanism indicates that the implementation of a green industrial policy can enhance the level of sustainable development in cities. This can be accomplished by promoting eco-friendly innovation, facilitating the optimization of industrial structures, and strengthening environmental regulations. A heterogeneity analysis reveals that the impact of eco-industrial parks on promoting green development is more significant in cities located in the eastern and northern regions, as well as those with abundant human capital and financial resources. Conversely, cities situated in the central and western regions, as well as those with low levels of financial resources and non-human capital, tend to experience limited benefits from policies. The conclusions of this study can provide guidance for urban transformation and facilitate sustainable development. Moreover, these parks can function as case studies and provide valuable reference experiences for countries that have not yet established eco-industrial parks.

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Assessing the impact of tradable discharge permit on pollution reduction and innovation: micro-evidence from Chinese industrial enterprises

Cited by 14 publications

References 55 publications

The spatial impacts of the circular economy on carbon intensity - new evidence from the super-efficient SBM-DEA model

The spatial impacts of the circular economy on carbon intensity - new evidence from the super-efficient SBM-DEA model

Heterogeneity of environmental protection law’s impact on firms’ pollutant discharge

A Study on the Influence of Green Industrial Policy on Urban Green Development: Based on the Empirical Data of Ecological Industrial Park Pilot Construction

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