补贴
政府(语言学)
中国
调解
业务
绿色创新
气候变化
气候政策
机制(生物学)
经济
产业组织
市场经济
政治学
生态学
语言学
哲学
认识论
法学
生物
作者
Guanglin Sun,Jiming Fang,Ting Li,Yongfang Ai
标识
DOI:10.1016/j.irfa.2023.102960
摘要
Climate policy uncertainty is an important factor for green innovation in Chinese enterprises. Drawing on data of officially listed enterprises in China from 2011 to 2020 this paper empirically tests the impact and mechanism of climate policy uncertainty on enterprises green innovation. Climate policy uncertainty has a significant negative impact on enterprises green innovation. Increasing climate policy uncertainty will inhibit enterprises green innovation. The intrinsic mechanism shows that the mediation effects of government green subsidies, environmental social responsibility, and financing constraints are significant. Increasing climate policy uncertainty inhibits green innovation by reducing government green subsidies, constraining enterprises to fulfilling their environmental social responsibility and raising financing constraints. All levels of the government in China should pay close attention to the impact of changes in the United States climate policies on enterprises.
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