2024
DOI: 10.3390/su16093613
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Impact of Urban Air Quality on Total Factor Productivity: Empirical Insights from Chinese Listed Companies

Xiaowei Ding,
Panfeng Wang,
Xuyan Jiang
et al.

Abstract: Urban air quality is inextricably linked to the operations of micro-firms. This paper employs the “Qinling-Huaihe” River demarcation as an instrumental variable to construct a regression discontinuity design (RDD) coupled with the two-stage least squares (2SLS) approach. This methodological framework is utilized to investigate the influence of urban air quality on the corporate total factor productivity (CTFP) of publicly listed manufacturing firms from 2015 to 2020. Drawing on the broken windows theory of urb… Show more

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