The DOI matches its Crossref record; 29 of the 29 references it cites were found in a registry or an index.
Environmental regulation and green productivity growth: Empirical evidence on the Porter Hypothesis from OECD industrial sectors
Abstract
Abstract Green growth has become an important development strategy for OECD countries and governments have correspondingly implemented various environmental regulation policies, whereas few studies have discussed the impacts of environmental regulation on green productivity growth in OECD countries. Based on a panel data of OECD countries' industrial sectors, this study analyzes the stringency of environmental regulation policies and measures green productivity growth using an extended SBM-DDF approach. The dynamic panel regression investigates the impacts and mechanism of environmental policy stringency on green productivity growth in OECD countries’ industrial sectors. The main results are: (i) Porter hypothesis is validated that the environmental policy has a positive impact on green productivity growth within a certain level of stringency (lower than 3.08); (ii) The impact turns to be adverse when the environmental regulation policy is stringent over a certain level, as the compliance cost effect is higher than innovation offset effect. The findings provide new empirical evidence for the strong version of the Porter Hypothesis and some implications for OECD countries to further promote green growth.
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Cited by
The impact of fintech innovation on green growth in China: Mediating effect of green finance
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Measuring the green economic growth in China: Influencing factors and policy perspectives
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Metadata
- Authors
- Wang, Y., Sun, X., & Guo, X.
- Venue
- Energy Policy
- Publisher
- Elsevier BV
- Published
- 2019-09
- Volume
- 132
- Pages
- 611-619
- ISSN
- 0301-4215 (ISSN-L)
- OpenAlex
- W2952202026
- Cited by
- 580
- References
- 29
- FWCI
- 74.19
- Type
- journal article
- Language
- en
- Open access
- closed
- Licence
- www.elsevier.com/tdm/userlicense/1.0/ (tdm)
- www.elsevier.com/legal/tdmrep-license (tdm)
- Funders
- National Office for Philosophy and Social Sciences (18BGL016)
- National Natural Science Foundation of China (71734001)
- Ministry of Education of the People's Republic of China (18YJC790171)
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- Wang, Y., Sun, X., & Guo, X. (2019). Environmental regulation and green productivity growth: Empirical evidence on the Porter Hypothesis from OECD industrial sectors. Energy Policy. https://doi.org/10.1016/j.enpol.2019.06.016
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