How do environmental regulation and technological innovation affect the sustainable development of marine economy: New evidence from China’s coastal provinces and cities

Ren, Wenhan; Ji, Jianyue

doi:10.1016/j.marpol.2021.104468

Cited by 84 publications

(35 citation statements)

References 35 publications

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“…However, Howell's research [32] shows that innovation investment reduces the enterprise performance of related technology industries, and then affects innovation efficiency and total factor productivity. Based on the panel data of 11 provinces and cities in coastal areas of China, Ren and Ji [33] found that the effects of different technological innovation levels on GTFP can be positive and negative. Zhang and Vigne [34] found that innovation efficiency will reduce GTFP, and enterprise decision makers need to consider the relationship among innovation efficiency, green enterprise development and GTFP.…”

Section: Hypothesis 2 (H2)mentioning

confidence: 99%

Does the Land Market Have an Impact on Green Total Factor Productivity? A Case Study on China

2021

Land

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The influence process of the land market on urban green total factor productivity (GTFP) is characterized by complexity and region. Based on the panel data of 271 cities in China from 2004 to 2016, this paper analyzes the impact of the land market on urban GTFP and explores the regulatory effect of the innovation investment level and the infrastructure investment level on the land market. The following conclusions are drawn: First, the land market restrains the improvement of urban GTFP, whether analyzed from the dimension of land transfer price or land transfer scale, and the influence degree varies in different dimensions. Second, there is regional heterogeneity in the inhibition effect of the land market on urban GTFP. Third, the level of innovation investment and the level of infrastructure investment have significantly different regulatory effects on the impact of the land market on urban GTFP; the level of innovation investment aggravates the inhibition effect of urban GTFP by the land market, while the infrastructure investment level weakens this inhibition effect.

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Section: Hypothesis 2 (H2)mentioning

confidence: 99%

Does the Land Market Have an Impact on Green Total Factor Productivity? A Case Study on China

2021

Land

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“…Secondly, the grantee of government subsidies will release positive signals to corporation innovation, suggesting the activity achieving the official endorsement. It alternatively helps firms obtain external financing more easily [12,13]. As reported by Gonz´alez and Paz´o [14], the R&D investment of firms with government subsidies is 0.35% higher than that of firms without government subsidies.…”

Section: Literature Review and Hypothesis Developmentmentioning

confidence: 93%

Modelling the Impacts of Government Subsidies on Total Factor Productivity: An Empirical Study

Hui-xiang

Chen

Hua

et al. 2022

Discrete Dynamics in Nature and Society

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Marine industry continues to grow rapidly in China, while the contribution of the total factor productivity (TFP) to its gross output still remains very limited. Facing this issue, it is urgent to promote TFP by innovation, and Chinese government provides persistent subsidies to stimulate the innovation of relative enterprises. Taking listed companies of marine industry in Shanghai and Shenzhen Stock Markets (2007–2019) as samples, this study performed empirical tests by multiple regressions to check the effects of such subsidies on the TFP of Chinese marine industry. It was observed that, as a whole, government subsidies present positive effects on the TFP of associated companies, and subsidies beforehand yield higher promotion than subsidies afterwards. The subsidies work mainly via easing financing constraints and encouraging R&D investment of relative firms. Our results are highlighted by revealing the differential effects of government subsidies on the TFP of Chinese marine industry and their functional mechanism. It implies that, besides government subsidies, the optimization of financial market may also be helpful in promoting TFP by innovation.

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“…Improvements in the intensity of environmental regulations will increase the costs of enterprise locations and pollution-treatment equipment, thus increasing the potential costs of starting enterprises, especially for pollution-intensive enterprises [ 8 ]. At the same time, they will increase the costs of environmental governance and the technical innovation of incumbent enterprises, speed up the elimination of pollution-intensive enterprises, and reduce the proportion of pollution-intensive enterprises, which promotes the upgrading of industrial structures [ 40 ].…”

Section: The Mechanisms Of Influencing Factors On the Gtfp ...mentioning

confidence: 99%

“…With the rise in labor costs and the strengthening of resource and environmental constraints, both the macro-economy and micro-individuals urgently need to find a new driving force for development to solve the problem of the insufficient momentum of growth in the traditional economy. The high-quality development of the marine economy emphasizes the dynamic balance of the “economy–society–ecological environment” system [ 8 ]. To achieve this, continuously improving the total factor productivity (TFP) of the marine economy is the key or even the only way [ 9 , 10 ].…”

Section: Introductionmentioning

confidence: 99%

Realizing the Improvement of Green Total Factor Productivity of the Marine Economy—New Evidence from China’s Coastal Areas

Ren

Chen

2022

IJERPH

Self Cite

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Paying attention to the mechanisms of the GTFP of the marine economy and designing a scientific and reasonable optimization path are the keys to achieving a “win-win” balance between environmental protection and high-quality marine development. Therefore, this paper considers the rigid constraints of resources and negative environmental effects to construct a multi-factor evaluation model of the GTFP of the marine economy including capital, labor, and resources to expand the evaluation method system for the sustainable development of the marine economy. On this basis, this paper determines the influencing factors of the GTFP of China’s marine economy, qualitatively analyzes the mechanism of each influencing factor on the GTFP of the marine economy, uses multi-dimensional data of coastal areas, quantitatively analyzes the direct and indirect effects of the factors that influence the GTFP, and proposes practical optimization paths and safeguarding measures, which provide a decision-making reference for the implementation of China’s marine development strategy. The results showed that the GTFP of China’s marine economy was in a state of improvement and increased from 0.9878 in 2006 to 1.2789 in 2018. The direct effects of environmental regulations have a negative and significant impact on GTFP, whereas economic development, human capital, and technological innovations have a positive and significant impact on GTFP. In addition, environmental regulations have an “inclined N” double-threshold effect on GTFP. The impact of environmental regulations on the GTFP of the marine economy depends on the intensity of the environmental regulations, as different intensities of environmental regulations have different dominant levels of the “innovation compensation effect” and “offset effect” that affect the GTFP of the marine economy.

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How do environmental regulation and technological innovation affect the sustainable development of marine economy: New evidence from China’s coastal provinces and cities

Cited by 84 publications

References 35 publications

Does the Land Market Have an Impact on Green Total Factor Productivity? A Case Study on China

Does the Land Market Have an Impact on Green Total Factor Productivity? A Case Study on China

Modelling the Impacts of Government Subsidies on Total Factor Productivity: An Empirical Study

Realizing the Improvement of Green Total Factor Productivity of the Marine Economy—New Evidence from China’s Coastal Areas

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