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The paper investigates the capacity of environmental regulatory policies to effectuate carbon emission reduction (CER) at the enterprise micro-level. It delves into the intrinsic correlation between these policies through theoretical analysis and empirical assessments, scrutinising the varied effects of heterogeneous environmental regulations (ERs) such as sewage charges and environmental protection subsidies. Findings reveal that diverse ERs can bolster CER, with sewage charging ERs manifesting a more conspicuous emission reduction effect. Rigorous robustness tests validate these initial conclusions. Moreover, distinct ERs exhibit temporal lags in their impact on CER; sewage charging ERs display a diminishing trend in emission reduction efficacy, while environmental subsidies ERs exhibit dynamic superposition traits. Importantly, incentives for green innovation and enhancements in total factor productivity emerge as pivotal mechanisms by which diverse ERs propel CER within enterprises.
Czasopismo
Rocznik
Tom
Strony
243--252
Opis fizyczny
Bibliogr. 25 poz., tab.
Twórcy
autor
- School of Management, Wuhan University of Bioengineering, Wuhan 430415, China
Bibliografia
- [1] Shao S, Hu Z, Cao J, Yang L, Guan D. Environmental regulation and enterprise innovation: a review. Bus Strategy Environ. 2020;29(3):1465-78. DOI: 10.1002/bse.2446.
- [2] Lecocq X, Demil B, Warnier V. Moving business models forward for positive social, environmental and economic outcomes: Managing externalities (and internalities) for sustainability innovation. J Bus Models. 2023;11(3):117-32. DOI: 10.54337/jbm.v11i3.8128.
- [3] Li J, Dong K, Wang K, Dong X. How does natural resource dependence influence carbon emissions? The role of environmental regulation. Resources Policy. 2023;80:103268. DOI: 10.1016/j.resourpol.2022.103268.
- [4] Berman E, Linda B. Environmental regulation and labor demand: Evidence from the South Coast Air Basin. J Public Economics. 2001;(2):265-95. DOI: S0047-2727(99)00101-2.
- [5] Jiang L. Environmental benefits of green buildings with BIM technology. Ecol Chem Eng S. 2023;30(2):191-9. DOI: 10.2478/eces-2023-0019.
- [6] Li J. The mechanism and path of finance promoting the development of low carbon economy. Ecol Chem Eng S. 2023;30(2):227-34. DOI: 10.2478/eces-2023-0023.
- [7] Klugmann-Radziemska E. Environmental assessment of solar cell materials. Ecol Chem Eng S. 2023;30(1):23-35. DOI: 10.2478/eces-2023-0002.
- [8] Grossman GM, Helpman E. Growth, trade, and inequality. Econometrica. 2018;86(1):37-83. DOI: 10.3982/ECTA14518.
- [9] Yoo S, Heshmati A. The effects of environmental regulations on the manufacturing industry’s performance: a comparison of green and non-green sectors in Korea. Energies. 2019;12(12). DOI: 10.3390/en12122296.
- [10] Norden L, Buston CS, Wagner W. Financial innovation and bank behavior: evidence from credit markets. Social Sci Electronic Publishing. 2014;43:130-45. DOI: 10.1016/j.jedc.2014.01.015.
- [11] Wang H, Guo J. Research on the impact mechanism of multiple environmental regulations on carbon emissions under the perspective of carbon peaking pressure: A case study of China’s coastal regions. Ocean Coastal Manage. 2024;249:106985. DOI: 10.1016/j.ocecoaman.2023.106985.
- [12] Yin J, Ibrahim S, Mohd NNA, Zhong C, Mao X. Can green finance and environmental regulations promote carbon emission reduction? Evidence from China. Environ Sci Pollut Res. 2024;31(2):2836-50. DOI: 10.1007/s11356-023-31231-y.
- [13] Feng Y, Chen S, Failler P. Productivity effect evaluation on market-type environmental regulation: A case study of SO2 emission trading pilot in China. Int J Environ Res Public Health. 2020;17(21):8027. DOI: 10.3390/ijerph17218027.
- [14] Laeven L, Levine R, Michalopoulos S. Financial innovation and endogenous growth. Economics Working Papers. 2015;24:1-24. DOI: 10.1016/j.jfi.2014.04.001.
- [15] Deng X, Li J, Huang Y, Wang L. How is paradoxical leadership linked to exploratory innovation?: The mediating role of knowledge sharing and the moderating role of environmental dynamism. J Organizational End User Computing (JOEUC). 2023;35(1):1-14. DOI: 10.4018/JOEUC.326766.
- [16] Wang J, Tie Y, Jiang X, Xu Y. Breaking boundaries between linguistics and artificial intelligence: Innovation in vision-language matching for multi-modal robots. J Organizational End User Computing (JOEUC). 2023;35(1):1-20. DOI: 10.4018/JOEUC.334013.
- [17] Li K. Sustainable innovation on urban landscape construction and ecological water environment governance process. Ecol Chem Eng S. 2022;29(3):287-304. DOI: 10.2478/eces-2022-0021.
- [18] Chu Y, Pang L, Ayoungman FZ. Research on the impact of enterprise innovation and government organization innovation on regional collaborative innovation. J Organizational End User Computing (JOEUC). 2023;35(3):1-15. DOI: 10.4018/JOEUC.328073.
- [19] Tang Y, Zhang P. The impact of virtual integration on innovation speed: On the view of organizational information processing theory. J Organizational End User Computing (JOEUC). 2022;34(1):1-20. DOI: 10.4018/JOEUC.298702.
- [20] Becker R, Henderson V. Effects of air quality regulations on polluting industries. J Political Economy. 2000;(2):379-421. DOI: 10.1086/262123.
- [21] Kahn ME, Mansur ET. Do local energy prices and regulation affect the geographic concentration of employment? J Public Economics. 2013;(5):105-14. DOI: 10.1016/j.jpubeco.2013.03.002.
- [22] Hille E, Mbius P. Do energy prices affect employment? Decomposed international evidence. J Environ Economics Manage. 2019;(1):1-21. DOI: 10.1016/j.jeem.2019.04.002.
- [23] Gomber P, Kauffman RJ, Parker C. On the Fintech revolution: Interpreting the forces of innovation, disruption, and transformation in financial services. J Manage Information Systems. 2018;35:220-65. DOI: 10.1080/07421222.2018.1440766.
- [24] Liu Q, Yu L, Yan G, Guo Y. External governance pressure and corporate environmental responsibility: Evidence from a quasi‐natural experiment in China. Bus Ethics Environ Responsibility. 2023;32(1):74-93. DOI: 10.1111/beer.12492.
- [25] Yu H, Wang J, Hou J, Yu, B, Pan, Y. The effect of economic growth pressure on green technology innovation: Do environmental regulation, government support, and financial development matter? J Environ Manage. 2023;330:117172. DOI: 10.1016/j.jenvman.2022.117172.
Typ dokumentu
Bibliografia
Identyfikator YADDA
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