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Equality and efficiency tradeoffs in revenue recycling of emission trading scheme: a case study on the recent chinese national ETS market 排放交易计划收入循环中的平等与效率权衡:近期中国国家排放交易计划市场案例研究
IF 4.9 3区 环境科学与生态学 Q2 ENVIRONMENTAL SCIENCES Pub Date : 2024-09-13 DOI: 10.1007/s10668-024-05380-0
Shuyang Chen

Owing to real constraints, a first-best climate policy is rarely socioeconomically optimal; therefore, policymakers may prefer a second-best or mixed policy, where revenue recycling (RR) is usually implemented as a complementary policy to the first-best policy. Unfortunately, how different RR policies affect equality and efficiency during first-best policy implementation remains to be researched. This paper attempts to narrow the research gap by designing and evaluating the RR policies for the emission trading scheme (ETS) simulating the Chinese National Emission Trading Scheme (CNETS). To achieve this research target, we have employed a dynamic recursive computable general equilibrium (CGE) model to analyze how the designed RR policies complement the ETS effects on emission abatement and economic growth. The results of the CGE model have confirmed the existence of a tradeoff between equality and efficiency. RR for income tax reduction is beneficial to emission abatement, but it has the worst performances on equality, Gross Domestic Product (GDP), and household welfare. RR for subsidizing renewable energy causes the lowest GDP loss, but it adversely impacts emission abatement owing to the induced economic boom. Lump-sum income transfer to low-income households is the best RR option because it is the most equitable way to use ETS revenues and induces the highest household welfare with satisfactory performances on emission abatement and GDP. Hence, ETS revenues are recommended to be transferred to low-income households.

由于实际制约因素,第一最优的气候政策在社会经济学上很少是最优的;因此,政策制定者可能更倾向于第二最优或混合政策,其中收入循环(RR)通常作为第一最优政策的补充政策来实施。遗憾的是,不同的收入再循环政策如何影响第一最优政策实施过程中的平等和效率仍有待研究。本文试图通过设计和评估模拟中国国家排放交易计划(CNETS)的排放交易计划(ETS)的 RR 政策来缩小研究差距。为实现这一研究目标,我们采用了动态递归可计算一般均衡(CGE)模型,分析了所设计的减排政策如何补充排放交易计划对减排和经济增长的影响。CGE 模型的结果证实了平等与效率之间存在权衡。减少所得税的 RR 有利于减排,但在平等、国内生产总值(GDP)和家庭福利方面的表现最差。用于补贴可再生能源的 RR 造成的 GDP 损失最小,但由于诱发了经济繁荣,对减排产生了不利影响。对低收入家庭的一次性收入转移是最佳的 RR 方案,因为它是使用排放交易计划收入的最公平方式,并能带来最高的家庭福利,同时在减排和 GDP 方面也有令人满意的表现。因此,建议将排放交易计划收入转移给低收入家庭。
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引用次数: 0
Climate change attitudes and the world’s biggest CO2 emitters 气候变化态度与全球最大的二氧化碳排放国
IF 4.9 3区 环境科学与生态学 Q2 ENVIRONMENTAL SCIENCES Pub Date : 2024-09-13 DOI: 10.1007/s10668-024-05360-4
Swati Sharma

This study analyses how public attitudes toward climate actions have changed over time in some of the biggest CO2-emitter countries representing two categories of economies: the rich and developed vs. emerging. Using the World Value Survey data and two-sample tests of proportions, an exploratory analysis is conducted to understand the change in climate change attitudes in China, the United States, India, Russia, Japan, Germany, and South Korea over the last three decades. The study finds initial evidence of divergence in public opinion for climate actions across countries. The findings show that people in emerging economies (such as China and India) have cultivated more favorable views toward environmental protection and climate actions over time. They have started demanding better environmental policies and shown willingness to contribute to environmental protection both monetarily and symbolically. However, people in the developed and rich world are gradually moving towards less favorable climate opinions. Such startling changes in public attitude have the potential to impact future national and global treaties on climate change disparagingly.

本研究分析了代表富裕和发达与新兴两类经济体的一些二氧化碳排放大国的公众对气候行动的态度随着时间的推移发生了怎样的变化。利用世界价值调查数据和比例的双样本检验,进行了一项探索性分析,以了解中国、美国、印度、俄罗斯、日本、德国和韩国在过去三十年中对气候变化态度的变化。研究发现,有初步证据表明各国公众对气候行动的看法存在分歧。研究结果表明,随着时间的推移,新兴经济体(如中国和印度)的人们对环境保护和气候行动产生了更多的好感。他们开始要求更好的环境政策,并愿意为环境保护做出金钱和象征性的贡献。然而,发达国家和富裕国家的人们对气候问题的看法却逐渐趋于负面。公众态度的这种惊人变化有可能对未来的国家和全球气候变化条约产生不利影响。
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引用次数: 0
Towards sustainable development: assessing the effects of low-carbon city pilot policy on residents’ welfare 实现可持续发展:评估低碳城市试点政策对居民福利的影响
IF 4.9 3区 环境科学与生态学 Q2 ENVIRONMENTAL SCIENCES Pub Date : 2024-09-13 DOI: 10.1007/s10668-024-05373-z
Wentao Wang, Dezhi Li, Shenghua Zhou, Zizhe Han

To realize low-carbon transition and pursue sustainable development, China’s central government formulated the low-carbon city pilot (LCCP) policy. Current studies focus primarily on the effect of the policy at the macro level of the cities, including economic, industrial, technological, environmental dimensions. So far, few has looked at the effect of the LCCP policy on residents’ welfare. To address this gap, this study treats the LCCP policy as an exogenous policy shock and employs the Difference-in-Differences model to examine its influence on residents’ welfare from the perspective of ecological welfare performance (EWP). Additionally, this study integrates the concept of quality of life into the EWP evaluation system to provide a comprehensive reflection of residents’ welfare. The results demonstrate that the LCCP policy significantly increase EWP in pilot cities, with a series of robustness tests support this finding. Besides, mechanism examination indicates that the LCCP policy enhances EWP through optimizing industrial structure, promoting low-carbon technological innovation, and increasing digital economy. Moreover, heterogeneous results reveal a significant increase of EWP in eastern cities, non-resource-based cities, and cities with high government environmental governance intensity due to the LCCP policy. This study empirically confirms the positive role of the LCCP policy in improving residents’ welfare, provides evidence for synergistic development of other countries seeking to advance low-carbon transition alongside improvements in residents’ welfare.

为实现低碳转型和可持续发展,中国中央政府制定了低碳城市试点(LCCP)政策。目前的研究主要关注该政策在城市宏观层面的影响,包括经济、产业、技术、环境等方面。迄今为止,很少有人研究 LCCP 政策对居民福利的影响。针对这一空白,本研究将 LCCP 政策视为外生政策冲击,采用差分模型从生态福利绩效(EWP)的角度考察其对居民福利的影响。此外,本研究还将生活质量的概念纳入 EWP 评价体系,以全面反映居民福利。研究结果表明,LCCP 政策显著提高了试点城市的 EWP,一系列稳健性检验支持了这一结论。此外,机理研究表明,LCCP 政策通过优化产业结构、促进低碳技术创新和提升数字经济水平来提高 EWP。此外,异质性结果显示,东部城市、非资源型城市和政府环境治理强度高的城市在 LCCP 政策的作用下 EWP 显著增加。本研究从实证角度证实了 LCCP 政策在改善居民福利方面的积极作用,为其他国家在改善居民福利的同时寻求推进低碳转型的协同发展提供了证据。
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引用次数: 0
Reverse logistics for empty pesticide containers: optimal design for sustainable management over wide areas 空农药容器的逆向物流:大面积可持续管理的优化设计
IF 4.9 3区 环境科学与生态学 Q2 ENVIRONMENTAL SCIENCES Pub Date : 2024-09-12 DOI: 10.1007/s10668-024-05374-y
Antonela E. Sorichetti, Mariana González Prieto, Andrea A. Savoretti, Silvia E. Barbosa, José A. Bandoni

Empty pesticide containers (EPCs) are a source of high-quality high-density polyethylene with a few different colors and a practically constant quality over time; thus, EPCs are economically valuable and fully recyclable. There are two key aspects to the successful recycling of these containers, their cleaning and collection, the latter being especially challenging in areas where the distances between the generation nodes are large. This paper presents the development of a multi-period Mixed Integer Linear Programming model for the optimal design of a reverse logistics network for EPCs in large territorial areas and its application to the Buenos Aires province of Argentina. The model structure is based on the current legislation and reflects the interactions among society, development and the environment, allowing a quantification of the technical and economic implications of sustainable development. The proposed formulation takes into account investment and operating costs for each temporary collection center (TCC) and recycling plant, as well as transportation costs between nodes. The kilometers travelled to operate the network help to estimate the minimum number of vehicles required and the global climate change impacts of each studied alternative. Moreover, the model incorporates restrictions and operational alternatives commonly used in large territorial areas. This work is part of a broader project in collaboration with national agencies to develop tools to strengthen the political role and facilitate the implementation of the extended producer responsibility principle (EPR) in the context of EPCs management system. Moreover, the conclusions drawn from scenario studies serve as guidelines for its implementation in other countries or regions.

空农药容器(EPC)是高质量高密度聚乙烯的一种来源,有几种不同的颜色,而且随着时间的推移,其质量实际上是不变的;因此,EPC 具有经济价值,而且完全可以回收利用。要成功回收利用这些容器,有两个关键方面,一是清洁,二是收集,而后者在产生节点之间距离较远的地区尤其具有挑战性。本文介绍了一个多期混合整数线性规划模型的开发情况,该模型用于优化设计大面积区域内的 EPC 逆向物流网络,并将其应用于阿根廷布宜诺斯艾利斯省。该模型结构以现行法律为基础,反映了社会、发展和环境之间的互动关系,可以量化可持续发展的技术和经济影响。建议的公式考虑了每个临时收集中心(TCC)和回收厂的投资和运营成本,以及节点之间的运输成本。网络运行的公里数有助于估算出所需车辆的最低数量以及每种备选方案对全球气候变化的影响。此外,该模型还纳入了大面积地区常用的限制条件和运营替代方案。这项工作是与国家机构合作的更广泛项目的一部分,该项目旨在开发各种工具,以加强政治作用,并在 EPCs 管理系统中促进生产者延伸责任原则(EPR)的实施。此外,从情景研究中得出的结论可作为在其他国家或地区实施该原则的指导方针。
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引用次数: 0
Distributed energy infrastructure development: geospatial and economic feasibility in rural West Virginia 分布式能源基础设施开发:西弗吉尼亚州农村地区的地理空间和经济可行性
IF 4.9 3区 环境科学与生态学 Q2 ENVIRONMENTAL SCIENCES Pub Date : 2024-09-12 DOI: 10.1007/s10668-024-05363-1
Xinming Andy Zhang, Paul Kinder, Michael Strager, Samuel Taylor, Gabe Schwartzman

Energy transition from conventional centralized power plants, particularly coal-fired units, is critical for West Virginia’s long-term energy and economic future. The socioeconomic challenges faced by West Virginia are closely linked to its reliance on the centralized coal industry and economy, which has declined precipitously in the past decade. Many postindustrial communities in rural areas struggle to sustain economic viability, resulting in documented outmigration and diminished energy resilience. We investigated the possibility of introducing community-sized distributed energy systems in these rural communities to improve energy resilience and support the transition toward more sustainable energy production. This study investigated the feasibility of introducing community-sized distributed energy systems in rural West Virginia to enhance energy resilience and facilitate the transition away from traditional centralized energy. Utilizing a geospatial modeling approach with Multi-Criteria Decision Analysis (MCDA) and Geographic Information System (GIS) suitability assessment, we identified optimal locations for small-scale distributed wind, solar, and hydropower energy generation. The study conducted a net value comparison analysis, assessing the levelized cost of energy (LCOE) and levelized avoided cost of energy (LACE) to determine the economic feasibility of each distributed generation type compared to traditional coal-generated electricity. Our findings revealed that wind and solar distributed generation are most suitable in southern and eastern West Virginia counties, while potential sites for small hydropower development are dispersed across the state . This study offers valuable insights into the possible future of distributed energy and its infrastructure development in rural West Virginia, thus contributing to the state’s energy transition and economic revitalization efforts.

从传统集中式发电厂,尤其是燃煤机组的能源转型,对于西弗吉尼亚州的长期能源和经济未来至关重要。西弗吉尼亚州面临的社会经济挑战与其对集中式煤炭工业和经济的依赖密切相关,而这种依赖在过去十年中急剧下降。许多农村地区的后工业化社区都在为维持经济活力而挣扎,这导致了有据可查的人口外迁和能源复原力的下降。我们调查了在这些农村社区引入社区规模的分布式能源系统的可能性,以提高能源复原力,支持向更可持续的能源生产过渡。本研究调查了在西弗吉尼亚州农村地区引入社区规模的分布式能源系统的可行性,以提高能源复原力,促进从传统集中式能源的过渡。利用多标准决策分析(MCDA)和地理信息系统(GIS)适用性评估的地理空间建模方法,我们确定了小型分布式风能、太阳能和水力发电的最佳地点。研究进行了净值比较分析,评估了平准化能源成本 (LCOE) 和平准化避免能源成本 (LACE),以确定每种分布式发电类型与传统煤炭发电相比的经济可行性。我们的研究结果表明,风能和太阳能分布式发电最适合在西弗吉尼亚州南部和东部各县进行,而小水电开发的潜在地点则分散在全州各地。这项研究为西弗吉尼亚州农村地区分布式能源及其基础设施发展的可能前景提供了宝贵的见解,从而为该州的能源转型和经济振兴工作做出了贡献。
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引用次数: 0
Identifying environmental information disclosure manipulation behavior via machine learning 通过机器学习识别环境信息披露操纵行为
IF 4.9 3区 环境科学与生态学 Q2 ENVIRONMENTAL SCIENCES Pub Date : 2024-09-11 DOI: 10.1007/s10668-024-05340-8
Xiang Cai, Jia-jun Wan, Ying-Ying Jiang, Nan Zhou, Lei Wang, Chen-Meng Wu, Ye Tian

Corporate environmental information disclosure manipulation (EIDM) has a high level of concealment, which brings great challenges to the identification and judgment of manipulation behavior. Compared to traditional methods, machine learning techniques excel in handling large and complex datasets while achieving higher accuracy. This research applies machine learning techniques to construct the identification model of EIDM behavior and carry out the identification research of EIDM behavior. Based on the “public pressure” theory, the detection indicators will be improved from three aspects: public pressure, corporate governance, and financial indicators. By combining the collected environmental pollution penalty cases of Chinese listed companies from 2011 to 2020 with a pressure pool indicator system, we establish a training set and a test set to compare the identification ability of the logistic regression (LR), decision tree (DT), Support Vector Machine (SVM), Backpropagation (BP) Neural Network, and random forest (RF) models. Additionally, during the initial phase of model training, hyperparameter tuning is conducted across these models to ensure the maximization of their performance. For imbalanced data, after comparing the two oversampling techniques of the Borderline synthetic minority oversampling technique (Borderline SMOTE) and adaptive synthetic sampling (ADASYN), our study indicates that the Borderline SMOTE model has a better recognition effect than ADASYN and that the Borderline SMOTE-RF model is superior to the LR, DT, BP, and SVM models. We hope that our research can provide a reference for regulatory authorities, accelerate the improvement of the mandatory environmental information disclosure (EID) system of listed companies, improve the identification and early warning capabilities of EIDM, and promote the improvement of EID quality.

企业环境信息披露操纵(EIDM)具有高度的隐蔽性,这给操纵行为的识别和判断带来了巨大挑战。与传统方法相比,机器学习技术在处理大型复杂数据集方面表现出色,同时能获得更高的准确性。本研究应用机器学习技术构建了EIDM行为的识别模型,并开展了EIDM行为的识别研究。基于 "舆论压力 "理论,从舆论压力、公司治理、财务指标三个方面完善检测指标。结合收集到的 2011-2020 年中国上市公司环境污染处罚案例和压力池指标体系,建立训练集和测试集,比较逻辑回归模型(LR)、决策树模型(DT)、支持向量机模型(SVM)、反向传播神经网络模型(BP)和随机森林模型(RF)的识别能力。此外,在模型训练的初始阶段,对这些模型进行超参数调整,以确保其性能最大化。对于不平衡数据,在比较了边界线合成少数群体超采样技术(Borderline SMOTE)和自适应合成采样(ADASYN)这两种超采样技术后,我们的研究表明,边界线 SMOTE 模型的识别效果优于 ADASYN,而边界线 SMOTE-RF 模型则优于 LR、DT、BP 和 SVM 模型。希望我们的研究能为监管部门提供参考,加快完善上市公司强制性环境信息披露(EID)制度,提高EIDM的识别和预警能力,促进EID质量的提高。
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引用次数: 0
Relationship between land urbanization and the ecosystem service value of land: evidence from Chinese land use 土地城市化与土地生态系统服务价值之间的关系:来自中国土地利用的证据
IF 4.9 3区 环境科学与生态学 Q2 ENVIRONMENTAL SCIENCES Pub Date : 2024-09-11 DOI: 10.1007/s10668-024-04961-3
Hongyuan Du, Maogang Tang, Fengxia Hu, Yongliang Liu

The connection between land urbanization (LU) and the ecosystem service value (ESV) from land is studied theoretically and empirically in this research. Firstly, an optimization model with constraints in which the externality of land development and construction is internalized into decision-making behavior of local governments is established to theoretically find out the potential link between urbanization and ecosystem value; then, an empirical analysis using cross-section dataset of 280 cities in mainland China in 2010 is conducted to verify the theoretical results. It could be concluded that the influence of LU on ESV of land depends on phase of economic development. When the unit conveyance fee’s marginal effect of requisitioned land is greater than the unit compensation’s marginal effect of this land, LU exerts a negative impact toward ESV of land and vice versa. An empirical analysis indicated a U-shaped curve between LU and the ESV of land, biodiversity, carbon sequestration, soil retention, and water retention. However, the effect of LU on ESV is currently still negative. These results held up significantly after endogeneity tests and some robustness tests. Finally, we suggest that Chinese government should promote innovations in terms of the pattern of land use as well as institutions.

本研究对土地城市化(LU)与土地生态系统服务价值(ESV)之间的联系进行了理论和实证研究。首先,建立了一个带约束条件的优化模型,将土地开发建设的外部性内化到地方政府的决策行为中,从理论上找出城市化与生态系统价值之间的潜在联系;然后,利用 2010 年中国大陆 280 个城市的横截面数据进行实证分析,验证理论结果。结果表明,土地使用费对土地生态系统价值的影响取决于经济发展阶段。当征地单位出让金的边际效应大于征地单位补偿费的边际效应时,土地出让金对土地经济价值产生负向影响,反之亦然;当征地单位出让金的边际效应大于征地单位补偿费的边际效应时,土地出让金对土地经济价值产生正向影响,反之亦然。实证分析表明,土地使用费与土地经济价值、生物多样性、碳固存、土壤保持和水源涵养之间呈 U 型曲线。然而,目前土地利用对 ESV 的影响仍为负值。这些结果在经过内生性检验和一些稳健性检验后仍然保持不变。最后,我们建议中国政府推动土地利用模式和制度创新。
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引用次数: 0
The effects of industrial agglomeration on ecological efficiency in China: evidence from manufacturing industry panel data 中国产业集聚对生态效率的影响:来自制造业面板数据的证据
IF 4.9 3区 环境科学与生态学 Q2 ENVIRONMENTAL SCIENCES Pub Date : 2024-09-11 DOI: 10.1007/s10668-024-05361-3
Yanxin Hu, Xiang Li

Since 2014, China’s economy has transitioned from rapid growth to the new normal, and the challenges of resource shortages and environmental pollution remain prominent. Therefore, China’s contemporary economic development objective is no longer to pursue high-speed growth alone but to achieve high-quality development. Green development is an internal requirement and a crucial choice for high-quality economic development. As the most distinctive and universal geographical distribution feature of economic activities, industrial agglomeration has a broad and profound impact on industrial and regional economies and the advancement of green development. This study examines 27 manufacturing industries in China to investigate the influence of agglomeration on industrial ecological efficiency. First, we empirically tested this influence from an overall perspective. We then divide manufacturing industries into technology-, capital-, resource-, and labor-intensive industries. This study constructs linear regression and threshold models to empirically analyze the divergence in influence effects among the four types of industries. The results reveal that the average influence of the manufacturing industrial agglomeration on industrial ecological efficiency is an inverted N-shaped threshold effect. Notably, the agglomeration of technology-intensive industries significantly promotes ecological efficiency. By contrast, resource-intensive industry agglomeration exhibits a restraining effect. Finally, labor- and capital-intensive industry agglomerations present prominent threshold effects, revealing inverted N-shaped and U-shaped nonlinear relationships, respectively. The conclusions of this research can serve as a reference for the policy formulation of green industrial development in China and other transitional economies.

2014 年以来,中国经济从高速增长向新常态过渡,资源短缺、环境污染等挑战依然突出。因此,中国当代经济发展的目标不再是单纯追求高速增长,而是要实现高质量发展。绿色发展是经济高质量发展的内在要求和关键选择。产业集聚作为经济活动最鲜明、最普遍的地域分布特征,对产业经济、区域经济和推进绿色发展具有广泛而深刻的影响。本研究以中国 27 个制造业为研究对象,探讨产业集聚对产业生态效率的影响。首先,我们从整体角度对这种影响进行了实证检验。然后,我们将制造业划分为技术密集型、资本密集型、资源密集型和劳动密集型产业。本研究构建了线性回归模型和阈值模型,实证分析了四类产业之间影响效应的差异。结果表明,制造业产业集聚对产业生态效率的平均影响呈倒 "N "型门槛效应。值得注意的是,技术密集型产业集聚对生态效率有显著促进作用。相比之下,资源密集型产业集聚则表现出抑制作用。最后,劳动密集型产业集聚和资本密集型产业集聚的门槛效应突出,分别呈现出倒 "N "形和 "U "形的非线性关系。本研究的结论可为中国和其他转型经济体的绿色产业发展政策制定提供参考。
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引用次数: 0
The impact of environmental protection regulations on firms’ R&D investment: evidence from China 环境保护法规对企业研发投资的影响:来自中国的证据
IF 4.9 3区 环境科学与生态学 Q2 ENVIRONMENTAL SCIENCES Pub Date : 2024-09-11 DOI: 10.1007/s10668-024-05396-6
Wenyu Li, Wei Shan, Junguang Gao

China has experienced rapid economic growth and industrialization over the last 70 years, which has created significant opportunities for firms and improved the quality of life for many residents. However, this increased industrialization has also had a significant negative impact on the environment. To address this major challenge, the Ministry of Environmental Protection (MEP) of the People’s Republic of China has introduced several Environmental Protection Regulations (EPRs) into its regulatory framework during the last 2 decades in order to reduce the pollutant emissions generated by firms. Based on panel data from publicly listed firms in China’s manufacturing industry, spanning 2010 to 2020, this study aims to assess the impact of EPRs on firms’ pollutant emissions and resultant Research and Development (R&D) investment. In addition, the research examines the contributory role of R&D investment in the mitigation of pollutant emissions, providing important insights for governments and policy makers when seeking to refine environmental policies. In so doing, several noteworthy contributions are made to current literature: first, newly enacted EPRs are found to have markedly decreased both the aggregate and per-output pollutant emissions of firms. Second, there has been a significant upsurge in R&D investment prompted by the introduction of the new EPRs. Third, the study did not confirm a significant mediating role for firms’ R&D investments in reducing pollutant emissions; this conclusion was supported by robustness testing. Fourth, the EPRs were found to notably reduce pollutant emissions for state-owned firms and those in economically advanced regions. However, for firms in less developed regions and those not state-owned, EPRs could potentially reduce their revenues.

在过去的 70 年里,中国经历了快速的经济增长和工业化,这为企业创造了大量机会,也改善了许多居民的生活质量。然而,工业化进程的加快也对环境造成了严重的负面影响。为了应对这一重大挑战,中华人民共和国环境保护部(MEP)在过去 20 年间在其监管框架中引入了多项《环境保护条例》(EPRs),以减少企业产生的污染物排放。本研究基于 2010 年至 2020 年中国制造业上市公司的面板数据,旨在评估 EPRs 对企业污染物排放以及由此产生的研发(R&D)投资的影响。此外,研究还探讨了研发投资在减少污染物排放方面的促进作用,为政府和政策制定者完善环境政策提供了重要启示。在此过程中,研究为当前文献做出了几项值得注意的贡献:首先,研究发现新颁布的环境政策显著降低了企业的污染物排放总量和单位产出。第二,引入新的排放政策后,研发投资大幅增加。第三,研究并未证实企业的研发投资在减少污染物排放方面发挥了重要的中介作用;这一结论得到了稳健性测试的支持。第四,研究发现,对于国有企业和经济发达地区的企业而言,EPRs 显著减少了污染物排放。然而,对于欠发达地区的企业和非国有企业来说,经济增长和减贫措施可能会减少它们的收入。
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引用次数: 0
Total factor productivity and environmental quality: measuring the role of financial stability in BRICS countries 全要素生产率与环境质量:衡量金砖国家金融稳定的作用
IF 4.9 3区 环境科学与生态学 Q2 ENVIRONMENTAL SCIENCES Pub Date : 2024-09-10 DOI: 10.1007/s10668-024-05395-7
Qamar Abbas, Yao HongXing, Muhammad Ramzan, Sumbal Fatima

The impact of BRICS countries on global climate mitigation strategies is significant due to their considerable CO2 emissions. The rapid advancement of BRICS nations has adversely affected environmental conditions. This study investigates the relationship between total factor productivity (TFP) and CO2 emissions in BRICS countries from 2000 to 2022, taking financial stability into consideration as a moderating variable. To address cross-sectional dependency, various methodologies were used, such as the cross-sectional augmented distributed lag (CS-ARDL) approach for assessing long- and short-run effects, as well as the Dumitrescu-Hurlin causality test to explore causality relationships. Results reveal a positive relationship between TFP and CO2 emissions, while financial stability exerts a negative influence on CO2 emissions. Additionally, the combined effect of TFP and financial stability demonstrates a capability to alleviate environmental issues and enhance environmental conditions. This implies that financial stability works as a moderator in the nexus between TFP and CO2 emissions, and bolstering financial stability not only diminishes environmental concerns but also aids BRICS countries in reducing the adverse effects of TFP on the environment. Furthermore, the study unveils bidirectional causality relationship between CO2 emissions and all other variables. Recommendations from the study propose that BRICS nations should allocate increased resources toward environmental initiatives and embrace advanced technologies to mitigate CO2 emissions.

金砖五国的二氧化碳排放量相当大,对全球气候减缓战略产生了重大影响。金砖国家的快速发展对环境状况产生了不利影响。本研究探讨了 2000 年至 2022 年金砖国家全要素生产率(TFP)与二氧化碳排放量之间的关系,并将金融稳定性作为调节变量加以考虑。为解决横截面依赖性问题,采用了多种方法,如评估长期和短期效应的横截面增强分布滞后(CS-ARDL)方法,以及探讨因果关系的 Dumitrescu-Hurlin 因果检验法。结果显示,全要素生产率与二氧化碳排放量之间存在正相关关系,而金融稳定性对二氧化碳排放量产生负面影响。此外,全要素生产率和金融稳定性的综合效应显示了缓解环境问题和改善环境状况的能力。这意味着金融稳定性在全要素生产率与二氧化碳排放量之间的关系中起着调节作用,加强金融稳定性不仅能减少环境问题,还能帮助金砖国家减少全要素生产率对环境的不利影响。此外,研究还揭示了二氧化碳排放与所有其他变量之间的双向因果关系。研究建议,金砖国家应为环保措施分配更多资源,并采用先进技术来减少二氧化碳排放。
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引用次数: 0
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Environment, Development and Sustainability
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