Can the Introduction of an Environmental Target Assessment Policy Improve the TFP of Textile Enterprises? A Quasi-Natural Experiment Based on the Huai River Basin in China

doi:10.3390/su12041696

CORC > 宁波材料技术与工程研究所 > 中国科学院宁波材料技术与工程研究所 > 2020专题

	Can the Introduction of an Environmental Target Assessment Policy Improve the TFP of Textile Enterprises? A Quasi-Natural Experiment Based on the Huai River Basin in China
	Li, Yi; Ding, Lili; Yang, Yongliang
刊名	SUSTAINABILITY
	2020
卷号	12 期号:4
关键词	PRODUCTIVITY GROWTH AIR-POLLUTION PERFORMANCE EVIDENCE ECONOMIC-GROWTH REGULATIONS COMPETITIVENESS EMISSIONS COUNTRIES EXPORTS IMPACT
DOI	10.3390/su12041696
英文摘要	Green development is an inevitable requirement to build a modern economic system and fundamental solution to pollution problems. Exploring the relationship between environmental regulation and enterprise total factor productivity (TFP) has great significance for realizing the win-win goal of achieving both environmental protection and economic development. Based on a firm-level dataset from 2000-2007, this paper explores the economic effects of the Environmental Target Assessment Policy of Huai River Basin (ETAP, HRB) in 2004, an environmental regulation that clarifies the responsibility of local governments, by identifying changes in the TFP of the clothing industry (CMI). The empirical findings support that the ETAP can significantly promote improvement in the TFP using the difference in differences (DID) method. Robustness tests, such as the triple differences (DDD) and propensity score matching-difference in differences (PSM-DID), are used to address concerns about the DID approach. Analysis of dynamic effects shows that the ETAP has no impact on enterprise TFP in 2004 but significantly improve the TFP on the next three years (2005-2007). The heterogeneity test results indicate that nonstate-owned enterprises are more sensitive to the ETAP, and the coefficient of the average treatment effect is 0.033. In addition, the ETAP has no noteworthy impact on large- and medium-scale enterprises but results in an average increase of 0.037 in small-scale enterprises' TFP.
学科主题	Science & Technology - Other Topics ; Environmental Sciences & Ecology
内容类型	期刊论文
源URL	[http://ir.nimte.ac.cn/handle/174433/20011]
专题	2020专题
作者单位	Yang, YL (corresponding author), Ecol Civilizat Res Ctr Zhejiang Prov, Hangzhou 310018, Peoples R China.
推荐引用方式 GB/T 7714	Li, Yi,Ding, Lili,Yang, Yongliang. Can the Introduction of an Environmental Target Assessment Policy Improve the TFP of Textile Enterprises? A Quasi-Natural Experiment Based on the Huai River Basin in China[J]. SUSTAINABILITY,2020,12(4).
APA	Li, Yi,Ding, Lili,&Yang, Yongliang.(2020).Can the Introduction of an Environmental Target Assessment Policy Improve the TFP of Textile Enterprises? A Quasi-Natural Experiment Based on the Huai River Basin in China.SUSTAINABILITY,12(4).
MLA	Li, Yi,et al."Can the Introduction of an Environmental Target Assessment Policy Improve the TFP of Textile Enterprises? A Quasi-Natural Experiment Based on the Huai River Basin in China".SUSTAINABILITY 12.4(2020).