Construction of China’s Green Institutional Environmental Index: Using Functional Data Analysis method

Yang, Xiaolei; He, Ling‐Yun; Tian, Sihua; Xia, Yufei; Wang, Deqing

doi:10.1007/s11205-020-02576-5

Cited by 8 publications

(2 citation statements)

References 24 publications

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“…As with Yang et al ( 2021), we find that environmental policies can be further divided into three groups (i.e., GSPI, GSI, and GAI) in terms of pre-control, in-process governance, and post-accounting [33]. These three groups of environmental policies, GSPI, GSI, and GAI, are, respectively, represented by three indices (i.e., environmental labeling institutions, green market access institutions, and environmental information disclosure institutions), five indices (i.e., performance evaluation institutions, environmental management institutions, green economic policy, green technology innovation institutions, interregional environmental protection coordination, and benefit balance institutions), and four indices (i.e., green audit, green accounting, green GDP, and emission trading market), which can be obtained using Model (1).…”

Section: Variablessupporting

confidence: 82%

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The Combined Effect of Environmental Policies on China’s Renewable Energy Development: A Multi-Perspective Study Based on Semiparametric Regression Model

Yang

Zhong

2022

IJERPH

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Based on a sample of 92 listed renewable energy enterprises in China from 2007–2017, this paper empirically examines the nonlinear effect of environmental policies on renewable energy investments using a semiparametric regression model. Environmental policies are divided into three groups in terms of pre-control, in-process governance, and post-accounting—the groups being green supervision and public regulations, green standardized regulations, and green accounting regulations—and this paper explores the differences in the effects of environmental policies at different stages. The results indicate that the relationship between environmental policies and renewable energy development has been unstable, following a “W-shaped” pattern. Green supervision and public regulations can greatly enhance investments in the renewable energy industry, with an estimated coefficient of 10.8173. Green standardized regulations have a similar “W-shaped” impact on renewable energy development. However, the nonlinear impact of green accounting regulations on renewable energy development fails the significance test. In addition, the effect of environmental policies on investment in the solar energy industry is positive, with a coefficient of 1.0697. The positive effect of environmental policies on investments in the renewable energy industry is reflected mainly in medium-, small-, and micro-sized enterprises. These findings contribute to the literature on the effectiveness of environmental policies by putting a set of environmental policies into a unified framework to explore their combined effects.

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Section: Variablessupporting

confidence: 82%

“…The environmental policies from the perspective of in-process governance are well developed. For more information about relevant policy indicators x j (t), such as their sub-indicators and calculation process, refer to Yang et al (2021) [33].…”

Section: Variablesmentioning

confidence: 99%