Environmental regulation and green innovation: Evidence from China?s carbon emissions trading policy

被引：120
|
作者：
Liu, Menghe [1 ]
Li, Yuxiao [2 ]
机构：
[1] Nanjing Univ, Sch Business, Dept Econ, Nanjing 210008, Peoples R China
[2] Nankai Univ, Sch Econ, 94, Weijin Rd, Tianjin 300071, Peoples R China
来源：
FINANCE RESEARCH LETTERS | 2022年 / 48卷
关键词：
Environmental regulation; Carbon emissions trading; Green innovation; PRODUCTIVITY; TRANSITION; INSIGHTS;
D O I：
10.1016/j.frl.2022.103051
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
This paper investigates the impact of environmental regulation on green innovation to explore how to achieve a win-win situation of environmental protection and economic development. Using green patent data of listed companies in heavy polluting industries from 2011 to 2016, we find that China's carbon emissions trading pilot policy has induced green innovation of firms in pilot areas. The positive effect is greater for invention patents, large-scale firms, non-state-owned firms and firms with high external attention, which support the channels of internal benefit-cost tradeoffs and external pressure. Our study provides insights which aid in the design of environmental regulation.
引用
收藏
页数：9
相关论文
共 50 条
  • [31] Study on the effect of carbon trading regulation on green innovation and heterogeneity analysis from China
    Liu, Ming
    Shan, Yanfei
    Li, Yemei
    ENERGY POLICY, 2022, 171
  • [32] Environmental Regulation and Green Technology Innovation: Evidence from China's Heavily Polluting Companies
    Lin, Zhouzhou
    Liang, Dezhi
    Li, Shengnan
    SUSTAINABILITY, 2022, 14 (19)
  • [33] How does environmental regulation promote green technology innovation? Evidence from China's total emission control policy
    Yan, Zheming
    Yu, Ying
    Du, Kerui
    Zhang, Ning
    ECOLOGICAL ECONOMICS, 2024, 219
  • [34] The Impact of Green Innovation on Carbon Emissions: Evidence from the Construction Sector in China
    Li, Xinping
    Qin, Qiongxia
    Yang, Yongliang
    ENERGIES, 2023, 16 (11)
  • [35] Carbon Emissions Trading and Employment: Evidence from China
    Qiang, Mengmeng
    Lai, Hangyi
    Lyu, Zhenxi
    SUSTAINABILITY, 2025, 17 (04)
  • [36] Does carbon trading mechanism improve the efficiency of green innovation? Evidence from China
    Bai, Yi-Xiang
    Wang, Chan
    Zeng, Min
    Chen, You-Hua
    Wen, Hong-Xing
    Nie, Pu-Yan
    ENERGY STRATEGY REVIEWS, 2023, 49
  • [37] Does environmental regulation affect urban green technology innovation in China? Evidence from the low-carbon city pilot policy
    Li, Zhuo
    Liu, Zhe
    FRONTIERS IN ENERGY RESEARCH, 2023, 11
  • [38] Evaluation of China's carbon emission trading policy from corporate innovation
    Lv, Miaochen
    Bai, Manying
    FINANCE RESEARCH LETTERS, 2021, 39
  • [39] Does China's emissions trading system foster corporate green innovation? Evidence from regulating listed companies
    Zhang, Lu
    Cao, Cuicui
    Tang, Fei
    He, Jiaxin
    Li, Dayuan
    TECHNOLOGY ANALYSIS & STRATEGIC MANAGEMENT, 2019, 31 (02) : 199 - 212
  • [40] The effect of environmental policy tools on regional green innovation: Evidence from China
    Shen, Chen
    Li, Shenglan
    Wang, Xiaopeng
    Liao, Zhongju
    JOURNAL OF CLEANER PRODUCTION, 2020, 254
12345