On the Impact and the Path of Green Fiscal Policy on Residents' Health Levels

YAN Wei-shi; LI Dong-song

Volume 38 Issue 6

Nov. 2023

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YAN Wei-shi, LI Dong-song. On the Impact and the Path of Green Fiscal Policy on Residents' Health Levels[J]. Journal of Guangdong University of Finance & Economics, 2023, 38(6): 85-97.

Citation:

YAN Wei-shi, LI Dong-song. On the Impact and the Path of Green Fiscal Policy on Residents' Health Levels[J]. Journal of Guangdong University of Finance & Economics, 2023, 38(6): 85-97.

YAN Wei-shi, LI Dong-song. On the Impact and the Path of Green Fiscal Policy on Residents' Health Levels[J]. Journal of Guangdong University of Finance & Economics, 2023, 38(6): 85-97.

Citation:

YAN Wei-shi, LI Dong-song. On the Impact and the Path of Green Fiscal Policy on Residents' Health Levels[J]. Journal of Guangdong University of Finance & Economics, 2023, 38(6): 85-97.

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On the Impact and the Path of Green Fiscal Policy on Residents' Health Levels

School of Economics, Guangdong University of Finance and Economics, Guangzhou 510320, China

Received Date: 2023-06-16
Available Online: 2023-12-21
Publish Date: 2023-11-28

Abstract

Abstract

Green fiscal incentives have driven local governments to carry out green construction and enhanced residents' health welfare. Based on the quasi-natural experiment of "comprehensive demonstration city of energy-saving and emission-reduction financial policies", exogenous shocks from green fiscal policies can be captured at the prefecture-level city. The study matched the China Healthy Aging Survey data (CHARLS) with prefecture-level city data and used a multi-period DID approach to empirically research the impact of green fiscal policies on residents' health levels. The results indicate that the green fiscal incentives have significantly improved residents' health level. Green fiscal policy affects residents' health by improving the environment and the level of public services which respectively depend on local governments strengthening environmental regulations and increasing investment in public services. The effects of green fiscal policies on residents' health diminish with the costs of environmental regulations and public services increasing, and increase with the fiscal pressures on local governments increasing. This study has illustrated the specific paths and realization of a Chinese-style "incentive-based" green fiscal policy to improve the health of the population. It provides a reference for the design and improvement of incentive-based green fiscal policies.
- green fiscal policy,
- local government action,
- public services,
- residents' health,
- energy saving and emission reduction

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References(43)

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