Does carbon emission trading system induce enterprises’ green innovation?

Deng, Hongkui; Zhang, Wenjia; Liú, Dan

doi:10.1016/j.asieco.2023.101597

Cited by 27 publications

(3 citation statements)

References 43 publications

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“…For the control-command instrument, state-owned enterprises are an important policy transmission channel. The effect of control-command ERI is stronger in industries with a higher degree of nationalization [ 24 , 35 ]. It has also been suggested that SOEs tend to apply for high-quality green invention patents, while firms in highly polluting industries tend to apply for low quality green utility model patents [ 36 ].…”

Section: Research Methodology and Contentmentioning

confidence: 99%

The impact of environmental regulatory instruments on agribusiness technology innovation—A study of configuration effects based on fsQCA

Xia,

Zhang,

Song

2024

PLoS ONE

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This paper investigates the complex causal relationships between various types of environmental regulatory instruments (ERI) and agri-firms’ technological innovation employing fuzzy set qualitative comparative analysis (fsQCA). The study finds a well-designed set of ERI can promote technological innovation in agribusiness; control-command ERI cannot promote technological innovation in agribusiness solely, market-incentivized ERI is indispensable in promoting firms’ innovation performance, implicit ERI plays an important role in promoting firms’ innovation and voluntary ERI does not play a significant role in promoting firms’ technological innovation. The government should coordinate among various types of ERI and improve the design of ERI to achieve a win-win situation for both economic and environmental performance in the agriculture sector.

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Section: Research Methodology and Contentmentioning

confidence: 99%

The impact of environmental regulatory instruments on agribusiness technology innovation—A study of configuration effects based on fsQCA

Xia,

Zhang,

Song

2024

PLoS ONE

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“…Through the environmental system, enterprises can systematically identify, evaluate, and manage carbon emission sources and implement corresponding technical and management measures. Relevant studies have pointed out that enterprises with sound environmental systems are more inclined to implement carbon emission reduction measures and improve energy efficiency, thus significantly reducing carbon emission levels [30]. Therefore, the establishment of environmental systems can not only help enterprises fulfill their legal responsibilities, but also promote the realization of carbon emission reduction targets internally and provide support for the sustainable development of enterprises in the low-carbon economy era.…”

Section: Theoretical Mechanismmentioning

confidence: 99%

The Impact of Environmental Regulations on Carbon Emissions of Chinese Enterprises and Their Resource Heterogeneity

Pan,

Zhang,

Wang

et al. 2024

Sustainability

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At present, net-zero emissions have become a widely accepted goal globally. For a giant carbon emitter like China, especially after just experiencing a high-energy consumption, high-emission, and low-efficiency extensive economic model, achieving the global net-zero emissions target by the middle of this century is particularly important. The implementation of environmental regulation policies is one of the inevitable choices for achieving carbon peak and carbon neutrality. Existing theoretical analysis shows that environmental regulation acts on pollution emissions through cost effects and technological innovation, but relevant studies mostly focus on macro effects and ignore the impact of enterprise heterogeneity. This study calculates the carbon emission data of listed enterprises in China from 2012 to 2021 and examines the impact of environmental regulation policies on the carbon emission intensity of enterprises and its transmission mechanism from both theoretical and empirical perspectives. At the same time, the heterogeneity effect of resource-based industry and non-resource-based industry is considered. The research results show that China’s environmental supervision has been increasing year by year, which can reduce the carbon emission intensity of enterprises by improving the level of environmental disclosure of enterprises, environmental management concepts, and resource allocation efficiency and accelerating the establishment of environmental systems of enterprises, but the effect of technological innovation has not been highlighted. Further heterogeneity also indicates that environmental regulation is more conducive to reducing the carbon emission intensity of non-resource-based enterprises, small enterprises, and non-state-owned enterprises. The conclusions of this paper provide a precise direction for the implementation of environmental regulation policies in China and the world.

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“…To ensure the transition to post‐carbon emissions, countries are making various attempts to offset carbon emissions. Despite these agreements, however, global CO 2 emissions increased at a concerning 2.7% rate in 2018 (Deng et al, 2023).…”

Section: Introductionmentioning

confidence: 99%

Achieving green environment in Brazil, Russia, India, China, and South Africa economies: Do composite risk index, green innovation, and environmental policy stringency matter?

Udeagha

Muchapondwa

2023

Sustainable Development

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The Paris Accord has brought the world's governments together to begin implementing plans for their individual economies to become carbon‐free. The goal of attaining low‐carbon growth is not, however, as simple as it would appear since the world economies, which are dependent on fossil fuels and are fast expanding, are concentrated on accelerating economic expansion at the price of worse environmental effects. In light of this, the study aims to investigate the combined effects of the composite risk index (CRI), green innovation (GINOV), and environmental policy stringency (EPS) on carbon dioxide (CO2) emissions in the context of Brazil, Russia, India, China, and South Africa (BRICS) countries while controlling for gross domestic product (GDP) and renewable energy research and development (RERD) over the period from 1960 to 2020. The research addresses the problems of cross‐sectional dependence and slope heterogeneity in the data set used for analysis by using the second‐generation cross‐sectionally augmented autoregressive distributed lags framework to evaluate long‐ and short‐run models. The corresponding findings show cointegrating relationships between the research variables. Additionally, the results of the regression demonstrate that EPS, GINOV, and RERD contribute to a long‐term decrease in CO2 emissions. CRI and GDP, however, increase CO2 emissions. It is suggested that environmental policies be tightened, GINOV and RERD expenditures be promoted, political stability and institutional quality be maintained, and clean economic growth strategies be adopted in order to help the BRICS countries reduce sectoral risks, create a sustainable environment, and decarbonize their respective economies.

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Does carbon emission trading system induce enterprises’ green innovation?

Cited by 27 publications

References 43 publications

The impact of environmental regulatory instruments on agribusiness technology innovation—A study of configuration effects based on fsQCA

The impact of environmental regulatory instruments on agribusiness technology innovation—A study of configuration effects based on fsQCA

The Impact of Environmental Regulations on Carbon Emissions of Chinese Enterprises and Their Resource Heterogeneity

Achieving green environment in Brazil, Russia, India, China, and South Africa economies: Do composite risk index, green innovation, and environmental policy stringency matter?

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