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Can direct environmental regulation promote green technology innovation in heavily polluting industries? Evidence from Chinese listed companies
Abstract
Faced with the dual constraints of resources and the environment, green technology innovation has become an important measure to solve the development challenges of heavily polluting industries. From the perspective of institutional regulation theory, this paper studies the impact of direct environmental regulation on green technology innovation in Chinese listed companies of heavily polluting industries by using the Panel Poisson fixed effect model. Besides, the heterogeneity of ownership and industry is discussed. The results indicate that direct environmental regulations exert a strong and significant incentive effect on green technology innovations in heavily polluting industries. Regarding the heterogeneity of enterprise ownership, direct environmental regulations were found to be more significant to the green technology innovations of state-owned listed companies in such industries. Considering industry heterogeneity, compared with labor-resource intensive industries, direct environmental regulation can effectively encourage green technology innovations in technology-capital intensive industries. This study provides a policy basis for promoting environmental governance and green technology innovation in China's heavily polluting industries.
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Cites
Sample Selection Bias as a Specification Error
Heckman, J. J. (1979) · Econometrica · doi:10.2307/1912352 · Cited by 28,779
The innovation–economic growth nexus: Global evidence
Hasan, I., & Tucci, C. L. (2010) · Research Policy · doi:10.1016/j.respol.2010.07.005 · Cited by 496
Cited by
Peng, H., Shen, N., Ying, H., & Wang, Q. (2021) · Journal of Cleaner Production · doi:10.1016/j.jclepro.2021.128044 · Cited by 412
Green finance and sustainability development goals in Indonesian Fund Village
Ronaldo, R., & Suryanto, T. (2022) · Resources Policy · doi:10.1016/j.resourpol.2022.102839 · Cited by 132
Liu, Y., Liu, M., Wang, G., Zhao, L., & An, P. (2021) · Environmental Science and Pollution Research · doi:10.1007/s11356-021-13780-2 · Cited by 120
Zameer, H., Shahbaz, M., & Kontoleon, A. (2023) · Journal of Environmental Management · doi:10.1016/j.jenvman.2023.118567 · Cited by 29
Zakaria (2025) · doi:10.3390/su17094053 · Cited by 2
Metadata
- Authors
- Cai, X., Zhu, B., Zhang, H., Li, L., & Xie, M.
- Venue
- Science of The Total Environment
- Publisher
- Elsevier BV
- Published
- 2020-12
- Volume
- 746
- Pages
- 140810
- ISSN
- 0048-9697 (ISSN-L)
- OpenAlex
- W3042149494
- Cited by
- 688
- References
- 2
- FWCI
- 90.80
- Type
- journal article
- Language
- en
- Open access
- closed
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- Cai, X., Zhu, B., Zhang, H., Li, L., & Xie, M. (2020). Can direct environmental regulation promote green technology innovation in heavily polluting industries? Evidence from Chinese listed companies. Science of The Total Environment. https://doi.org/10.1016/j.scitotenv.2020.140810
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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