Environmental regulation and intermediate imports: Firm-product-level evidence

IF 5.5 3区 经济学 Q1 BUSINESS Journal of Environmental Economics and Management Pub Date : 2024-08-22 DOI:10.1016/j.jeem.2024.103043
Chao Han , Chongyu Li , Jiansuo Pei , Chunhua Wang
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Abstract

This study examines the effects of domestic environmental regulations on import activity. Using a panel of firm-product-level data and variations in regulatory stringency across products established by China’s Eleventh Five-Year Plan for Environmental Protection (covering 2006–2010), it reveals that tougher regulations on emission-intensive industries at home led to increases in downstream manufacturers’ imports of emission-intensive intermediate inputs. Specifically, a 1% increase in sulfur dioxide emission intensity resulted in a 0.026% increase in intermediate imports after the implementation of the regulation. A back-of-the-envelope calculation suggests that, although the regulation increased emissions in source countries, it reduced global emissions of sulfur oxides and carbon dioxide. This is because the increases in imports caused by the regulation mainly came from countries with lower emission intensity than China. The regulation did not disproportionately increase imports from or emissions in developing countries.

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环境监管与中间产品进口:企业产品层面的证据
本研究探讨了国内环境法规对进口活动的影响。通过使用企业-产品层面的面板数据以及《中国环境保护 "十一五 "规划》(2006-2010 年)中规定的各产品监管严格程度的变化,研究发现,国内对排放密集型产业更严格的监管导致下游制造商对排放密集型中间投入品的进口增加。具体来说,二氧化硫排放强度每增加 1%,法规实施后的中间品进口量就会增加 0.026%。回溯计算表明,虽然该法规增加了来源国的排放量,但却减少了全球的氧化硫和二氧化碳排放量。这是因为法规导致的进口增加主要来自排放强度低于中国的国家。该条例并没有不成比例地增加发展中国家的进口或排放。
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来源期刊
CiteScore
8.00
自引率
4.30%
发文量
91
期刊介绍: The Journal of Environmental Economics and Management publishes theoretical and empirical papers devoted to specific natural resources and environmental issues. For consideration, papers should (1) contain a substantial element embodying the linkage between economic systems and environmental and natural resources systems or (2) be of substantial importance in understanding the management and/or social control of the economy in its relations with the natural environment. Although the general orientation of the journal is toward economics, interdisciplinary papers by researchers in other fields of interest to resource and environmental economists will be welcomed.
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