Optimum combination of heterogeneous environmental policy instruments and market for green transformation: Empirical evidence from China's metal sector

Li, Shuangmei; Lee, Seonjoo; Zhang, Tao

doi:10.1016/j.eneco.2023.106735

Cited by 10 publications

(2 citation statements)

References 53 publications

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“…Each DUM has m inputs, q1 desired outputs as well as q2 non-desired outputs, then the inputs, desired outputs as well as non-desired outputs are , , . The expression of the Super–SBM model is as follows (Eqs ( 8 ) and ( 9 )) [ 50 ]:…”

Section: Methodsmentioning

confidence: 99%

Micro-perspective of listed companies in China: Digital development promotes the green transformation of the manufacturing industry

Wang,

Wu,

Peng

et al. 2023

PLoS ONE

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In the context of the rapid development of the global digital economy, it is of great significance to explore the greening transformation of the manufacturing industry from the micro-perspective of enterprise digital development. This paper empirically examines the impact and mechanism of enterprise digital development on the greening transformation of the manufacturing industry using the 2010–2020 data of Chinese A-share listed companies in the manufacturing industry as a sample. The study shows that enterprise digital development can significantly promote the greening transformation of China’s manufacturing industry, and this conclusion still holds after a series of robustness tests. Technological innovation and financing constraints are important mediating mechanisms. Further research found that the impact of enterprise digital development on the greening transformation of China’s manufacturing industry has a positive nonlinear effect, and its marginal effect shows a weakening trend. Heterogeneity analysis shows that, from the perspective of micro characteristics, digital development is more able to promote the green transformation of state-owned and large enterprises. From a macro-regional perspective, digital development can better promote the green transformation of the manufacturing industry in eastern cities, key city clusters, and high-level cities. The findings of this paper can provide corresponding insights for "revitalizing the manufacturing industry", and also provide decision-making references for countries aiming to make the manufacturing industry bigger and stronger.

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Section: Methodsmentioning

confidence: 99%

Micro-perspective of listed companies in China: Digital development promotes the green transformation of the manufacturing industry

Wang,

Wu,

Peng

et al. 2023

PLoS ONE

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show abstract

“…They found that the change in total factor energy efficiency in all provinces was relatively stable from 2003 to 2018, while technological progress showed an increasing trend. Li et al [34] measured the environmental energy efficiency of the metal industry in 30 provinces of China through the GML index. The results showed that, although the environmental energy efficiency of the metal industry as a whole has increased, there are still gaps between different regions and different sub-sectors.…”

Section: Introductionmentioning

confidence: 99%

Measurement of Carbon Total Factor Productivity in the Context of Carbon–Electricity Market Collaboration: An Application of Biennial Luenberger Productivity Index

Zhang,

Li,

Song

et al. 2024

Energies

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China’s industrial sector generally relies on electricity as its main source of energy, and industrial production can be affected if there are problems with the electricity supply. In order to deal with the uncertain electricity supply and achieve the “dual carbon” target, the industrial sector needs to take effective measures to enhance carbon total factor productivity (CTFP). We use the biennial Luenberger productivity index (BLPI) to try to provide strategies for low-carbon industrial development in China. The results indicate that the overall CTFP of China’s industrial sector showed an increasing trend from 2006 to 2019. Technology change was the main contributor to the change in CTFP, but fluctuations in efficiency change remained a challenge. Differences were observed between the light industry sector (LIS) and the heavy industry sector (HIS) in terms of changes in CTFP, with LIS showing more stable changes and HIS experiencing larger fluctuations. Most sub-sectors showed increased CTFP during the sample period. R&D investment and R&D personnel have a positive impact on CTFP, while energy structure is found to hinder CTFP. According to the research results of this study, we offer the corresponding policy implications. This study is the first to explore the balance between low-carbon goals and industrial production from the perspective of improving CTFP, providing a new viewpoint on the contributions of technological innovation to solving socio-economic issues.

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Has environmental protection tax reform promoted green transformation of enterprises? Evidence from China

Yu,

Liu,

Wang

2024

Environ Sci Pollut Res

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Optimum combination of heterogeneous environmental policy instruments and market for green transformation: Empirical evidence from China's metal sector

Cited by 10 publications

References 53 publications

Micro-perspective of listed companies in China: Digital development promotes the green transformation of the manufacturing industry

Micro-perspective of listed companies in China: Digital development promotes the green transformation of the manufacturing industry

Measurement of Carbon Total Factor Productivity in the Context of Carbon–Electricity Market Collaboration: An Application of Biennial Luenberger Productivity Index

Has environmental protection tax reform promoted green transformation of enterprises? Evidence from China

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