Research on the Impact of Environmental Regulation on Green Total Factor Productivity from the Perspective of Human Capital

Xuan Jiang; Guangshuo Jin; Sen Tan

doi:10.54097/jid.v2i3.7761

Authors

Xuan Jiang
Guangshuo Jin
Sen Tan

DOI:

https://doi.org/10.54097/jid.v2i3.7761

Keywords:

Environmental regulation, Green total factor productivity, U- curve, Human capital

Abstract

Strengthening environmental regulation is crucial for China to achieve the carbon peaking and carbon neutrality goals, but excessive environmental regulation will increase the production costs of enterprises, thereby reducing output and productivity. Using the panel data of 30 provinces in China (excluding Tibet) from 2007 to 2016, we construct an empirical model between environmental regulation and green total factor productivity, and explores the impact of environmental regulation from the perspective of human capital. The results show that the relationship between environmental regulation and green total factor productivity presents a U-curve relationship, and when environmental regulation is high, the increase of human capital will weaken the promotion effect of environmental regulation on green total factor productivity. In addition, most of the observed samples are located on the left side of the U-shaped curve, indicating that China’s current environmental regulation-related policies are unreasonable, and environmental regulation needs to be further strengthened.

Downloads

Download data is not yet available.

References

Gray, W B., and R J. Shadbegian. 1993. “Environmental regulation and manufacturing productivity at the plant level.” Social science electronic publishing.

Greenstone, M. 2002. “The Impacts of Environmental Regulation on Industrial Activity: Evidence from the 1970 and 1977 Clean Air Act Amendments and the Census of Manufactures.” Journal of Political Economy, 110(6): 1175– 1219.

Huang, Zhiji, Can He, Fan Yang, and Yi Zhou. 2015. “Envrionmental regulation geographic location and growth of firms’ productivity in China.” Acta Geographica inica, 70(10): 1581– 1591.

Laura, Hering, and Poncet Sandra. 2014. “Environmental policy and ex- ports: Evidence from Chinese cities.” Journal of Environmental Economics and Management, 68(2): 296–318.

Li, Bin, Xing Peng, and Mingke Ouyang. 2013. “Environmental Regu- lation, Green Total Factor Productivity and the Transformation of China’s Industrial Development Mode--Analysis Based on Data of China’s 36 In- dustries.” China Industrial Economics, 56–68.

Li, Ling, and Feng Tao. 2012. “Selection of Optimal Environmental Regula- tionIntensity for Chinese Manufacturing Industry–Based on the Green TFP Perspective.” China Industrial Economics, 70–82.

Li, Weibing, Fangwen Liu, and Bin Wang. 2019. “Can Environmental Regulation Promote GTFP? -Evidence from the Two Control Zones Policy.” Journal of Huazhong University of Science and Technology (Social Science Edi- tion), 33(1): 72–82.

Popp, D., and R. Newell. 2012. “Where Does Energy R&D Come From? Examining Crowding Out from Energy R&D.” Energy Economics, 51(1): 46– 71.

Porter, M. E.1991. “American’s Green Strategy.” cientific American, 264(4): 193–246.

Porter, M. E., and L. C. Van. 1995. “Toward a New Conception of the Environment-competitiveness Relationship.” Journal of Economic Perspec- tives, 9(4): 97– 118.

Ricci, F. 2007. “Channels of Transmission of Environmental Policy to Economic Growth: A survey of the Theory.” Ecological Economics, 60(4): 688–699.

Tong, Jian, Wei Liu, and Jing Xue. 2016. “Environmental Regulation, Factor Input Structure and Industrial Transformation.” Economic Research Journal, 51(07): 43–57.

Wang, Hongqing. 2016. “Study on Threshold Effects of Environmental Regulation on Economic Growth from the Perspective of Human Capital.” China Soft Science, 52–61.

Yin, Baoqing. 2012. “Envrionmental Regulation and China’s Green Total Fac- tor Productivities: Based on the Perspective of Vertical Specialization.” China Population, Resources and Environment, 22(12): 60–66.

Zhong, Maochu, Mengjie Li, and Weijian Du. 2015. “Can Environmen- tal Regulation Force Industrial Structure Adjustment: An Empirical Analysis Based on Provincial Panel Data.” China Population, Resources and Environment, 25(08): 107– 115.