波特假说
激励
环境法规
中国
清洁生产
业务
产业组织
约束(计算机辅助设计)
绿色创新
生产(经济)
控制(管理)
清洁技术
经济
公共经济学
市场经济
城市固体废物
生态学
工程类
管理
宏观经济学
法学
废物管理
生物
机械工程
政治学
作者
Yi Zhang,Hongyu Hu,Guiju Zhu,Daming You
标识
DOI:10.1007/s11356-022-18712-2
摘要
In recent years, the value of green innovation in achieving high-quality development in China has been increasingly recognized. However, studies on different types of green innovation under various environmental regulations have not established a systematic framework; especially, those considering external financing constraints are lacking. This study subdivides both environmental regulation and green innovation. Specifically, environmental regulation is divided into command-and-control regulation, market-incentive regulation, and public-participation regulation. Green technology innovation is divided into cleaner production technology innovation and end-of-pipe technology innovation. Moreover, this study explores whether and how environmental regulation affects green technology innovation, and investigates the moderating effect of external financing constraints, by matching the data from China Environmental Yearbook and China Industrial Enterprise Database. The results show that both command-and-control regulation and market-incentive regulation have the U-shaped relationship with cleaner production technology innovation. Meanwhile, public-participation environmental regulation significantly and positively affects cleaner production technology innovation, whereas market-incentive regulation and public-participation regulation have the inverted U-shaped relationship with end-of-pipe technology innovation. In addition, the external financing constraints have a moderating effect on the relationship between environmental regulation and cleaner production technology innovation.
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