Environmental Regulation, Technological Innovation and the Green Development of Manufacturing

ZHANG Xiao-yun; LIU Jie-jiao; LI Bin

Volume 35 Issue 5

Apr. 2021

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Article Navigation > Journal of Guangdong University of Finance & Economics > 2020 > 35(5): 48-57

ZHANG Xiao-yun, LIU Jie-jiao, LI Bin. Environmental Regulation, Technological Innovation and the Green Development of Manufacturing[J]. Journal of Guangdong University of Finance & Economics, 2020, 35(5): 48-57.

Citation:

ZHANG Xiao-yun, LIU Jie-jiao, LI Bin. Environmental Regulation, Technological Innovation and the Green Development of Manufacturing[J]. Journal of Guangdong University of Finance & Economics, 2020, 35(5): 48-57.

Citation:

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Environmental Regulation, Technological Innovation and the Green Development of Manufacturing

1.
School of Economics and Finance, Xi'an International Studies University, Xi'an 710128
2.
Institute of Industrial Economics of CASS, Beijing 100044
3.
School of Economics, Xi'an University of Finance and Economics, Xi'an 710100, China

Received Date: 2020-05-20
Available Online: 2021-04-29
Publish Date: 2020-10-28

Abstract

Abstract

Based on the difference between environmental regulations and industry competition, the division of manufacturing industries into high-competitive and low-competitive industries, this paper, with systematic GMM method, evaluates the heterogeneous impact of command-and-control environmental regulation, market-incentive environmental regulation, and the comprehensive one combining these two on the green development of manufacturing industry. It is found that the impact of environmental regulation on green development of manufacturing will undergo a "U-shaped"transformation from hindrance to promotion, and the current impact is still in the stage of hindrance, which is more significant in high competitive industries, and the U-shaped turning point of low competitive industries appears later; the green development of manufacturing industry is hindered and promoted by executive-order environmental regulation and market-incentive environmental regulation respectively, and the two effects are more significant in high competitive industries; technological innovation mainly drives the green development of low competitive industries, but the driving effect is not significant in high competitive industries.
- environmental regulation,
- technological innovation,
- executive-order mode,
- market-incentive mode,
- manufacturing,
- green development

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References(26)

References

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