Induced Effect of Environmental Regulation on Green Innovation: Evidence from the Increasing-Block Pricing Scheme

Liu, Zhangsheng; Yang, Liuqingqing; Fan, Li

doi:10.3390/ijerph18052620

Cited by 7 publications

(6 citation statements)

References 54 publications

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“…In terms of objectives, green technology advances have gained considerable attention from many scholars. Most related studies have focused on innovation induced by environmental regulations [1,2], but few have highlighted the shocks incurred by new financial instruments such as those induced by access to digital financial services.…”

Section: Discussionmentioning

confidence: 99%

“…In this context, advancing green technology has become a new development goal. Two types of policy instruments are conducive to promoting green technologies: environmental regulation, which forces corporations to innovate [1]; and financial instruments, which can induce green innovations. In this paper, access to digital financial services refers to digital access to and use of formal financial services by excluded and underserved populations.…”

Section: Introductionmentioning

confidence: 99%

“…This study differs from other studies in three ways: Firstly, we not only analyzed the effects of access to digital financial services on green technology advances, but also considered regional competition since access to digital financial services increases the liquidity of the capital for which regional governments compete. Most related studies have focused on innovation induced by environmental regulations [1,2], whereas few have highlighted the shocks incurred by new financial instruments such as those induced by access to digital financial services. Among the studies considering access to digital financial services, most examined its effects on the economy [3], consumption [4], and financing constraints [5]; however, the relationship between access to digital financial services and green technology advances has rarely been included in the scope of these studies.…”

Section: Introductionmentioning

confidence: 99%

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Access to Digital Financial Services and Green Technology Advances: Regional Evidence from China

et al. 2021

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Using data of 265 Chinese cities from 2010 to 2017, we studied the impact of access to digital financial services on green technology advances in the context of regional competition. We found that access to digital financial services significantly promotes green technology advances within the region but inhibits those in other regions. We also found that modest regional competition can promote green technology advances, whereas excessive competition impairs the positive relationship between access to digital financial services and green technology advances. We identified a significantly positive spatial spillover effect for green technology advances.

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Section: Discussionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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Access to Digital Financial Services and Green Technology Advances: Regional Evidence from China

et al. 2021

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“…Investment in science and technology can provide financial support for urban innovation activities and reduce the risk of innovation activities due to a long R&D cycle and uncertain R&D results. This paper used the expenditure for science and technology within the general public budget expenditure to express the level of urban science and technology investment [ 40 ]. City size (

).…”

Section: Methodsmentioning

confidence: 99%

The Spatial Interaction Effect of Environmental Regulation on Urban Innovation Capacity: Empirical Evidence from China

Zhou

Yun-sheng

Xin-cai

2021

IJERPH

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This paper applies a spatial econometric model to measure the impact of environmental regulation on urban innovation capacity from a spatial interaction perspective by using panel data from 41 cities in the Yangtze River Delta urban agglomeration from 2009 to 2018. The study findings are as follows: first, environmental regulation has a significant positive impact on urban innovation capacity and a significant positive spatial spillover effect; second, innovation capacity has significant positive spatial dependence; third, city informatization level, government expenditures on science and technology, city economic scale, and industrial development level all positively affect the innovation capacity of neighboring cities and all have positive spatial spillover effects on the innovation capacity of neighboring cities; and finally, city expansion reduces the innovation capacity of a city and has negative spatial spillover effects on the innovation capacity of neighboring cities.

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“…Li et al measured the contribution of green innovation efficiency to “Dual Carbon” at a city level [ 22 ]. It was found that the induced effect of tariff schemes on green patents is verified, although their quality remains low [ 23 ]. Green innovation is constrained by the path dependence of energy, and electrical energy is still the main source of power for NEVs at present.…”

Section: Literature Reviewmentioning

confidence: 99%

Dual Carbon Goal-Based Quadrilateral Evolutionary Game: Study on the New Energy Vehicle Industry in China

Liu

et al. 2023

IJERPH

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In an effort to tackle climate change, the “Dual Carbon” target raised by the Chinese government aims to reach peak carbon dioxide emissions by 2030 and to achieve carbon neutrality by 2060. Accordingly, policy incentives have accelerated the new energy vehicle (NEV) sector. Whilst previous studies have focused on the bilateral game between governments and manufacturers, NEV development has witnessed interaction among multiple players. In this paper, we construct a quadrilateral evolutionary game model, considering the impact of government policies, manufacturers’ R&D investments, dealers’ support, and consumer choice on the evolutionary stabilization strategy (ESS) in the context of China. The results show that: (1) in the absence of government incentives, there is no motivation for manufacturers, dealers and consumers to consider the development of NEVs; (2) government incentives affect manufacturers and consumers on the evolutionary paths in the short term. In the long term, benefit- and utility-based limited rationality has a dominant role in the ESS. This study contributes to the understanding of the multilateral dynamics of NEV innovation and provides important implications to practitioners and policy makers.

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Induced Effect of Environmental Regulation on Green Innovation: Evidence from the Increasing-Block Pricing Scheme

Cited by 7 publications

References 54 publications

Access to Digital Financial Services and Green Technology Advances: Regional Evidence from China

Access to Digital Financial Services and Green Technology Advances: Regional Evidence from China

The Spatial Interaction Effect of Environmental Regulation on Urban Innovation Capacity: Empirical Evidence from China

Dual Carbon Goal-Based Quadrilateral Evolutionary Game: Study on the New Energy Vehicle Industry in China

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