Environmental regulation, R&D subsidies, and industrial green total factor productivity

IF 3.3 2区社会学 Q2 ENVIRONMENTAL SCIENCES Sustainable Futures Pub Date : 2024-10-05 DOI:10.1016/j.sftr.2024.100333

Bu Wei, Li Chenxi, Liu Shanshan

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Abstract

In the face of worsening global environmental degradation, significant attention has been devoted to the greening of industrial transformation and development, specifically by improving industrial green total factor productivity (GTFP). We explored the impact of environmental regulations on industrial GTFP and the moderating influence of R&D subsidies. We established a theoretical model in which environmental regulations affect industrial GTFP, and this relationship is moderated by R&D subsidies. The results revealed that the impact of environmental regulations on industrial GTFP is U-shaped and that the current level of environmental regulation is insufficient to boost industrial GTFP. Green technological innovation plays a mediating role in the effect of environmental regulations on industrial GTFP. Furthermore, R&D subsidies nonlinearly moderate the relationship, resulting in a steeper U-shaped curve and accelerating the arrival of the tipping point. These findings provide theoretical support and a reference for government policies that promote industrial greening.

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环境监管、研发补贴和工业绿色全要素生产率

面对日益恶化的全球环境恶化问题，人们开始关注工业转型和发展的绿色化，特别是通过提高工业绿色全要素生产率（GTFP）来实现。我们探讨了环境法规对工业全要素生产率的影响以及研发补贴的调节作用。我们建立了一个理论模型，在该模型中，环境法规影响工业全要素生产率，而这种关系受到研发补贴的调节。结果表明，环境规制对工业 GTFP 的影响呈 U 型，当前的环境规制水平不足以促进工业 GTFP 的增长。绿色技术创新在环境规制对工业 GTFP 的影响中起中介作用。此外，研发补贴非线性地缓和了这一关系，导致 U 型曲线更加陡峭，加速了临界点的到来。这些发现为政府促进工业绿色化的政策提供了理论支持和参考。

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来源期刊

Sustainable Futures Social Sciences-Sociology and Political Science

CiteScore

9.30

自引率

1.80%

发文量

审稿时长

71 days

期刊介绍： Sustainable Futures: is a journal focused on the intersection of sustainability, environment and technology from various disciplines in social sciences, and their larger implications for corporation, government, education institutions, regions and society both at present and in the future. It provides an advanced platform for studies related to sustainability and sustainable development in society, economics, environment, and culture. The scope of the journal is broad and encourages interdisciplinary research, as well as welcoming theoretical and practical research from all methodological approaches.