The Impacts of Resource Endowment, and Environmental Regulations on Sustainability—Empirical Evidence Based on Data from Renewable Energy Enterprises

Zhang, Hongyi; Chen, Hsing Hung; Lao, Kunseng; Ren, Zhengyu

doi:10.3390/en15134678

Cited by 8 publications

(3 citation statements)

References 57 publications

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“…In the low-regulation area, the TPT policy would raise TFP by 0.2740 on average. This conclusion conflicts with the research of Zhang et al [53].…”

Section: The Heterogeneity Of Environmental Regulationcontrasting

confidence: 85%

“…According to Porter's hypothesis, environmental regulations can effectively stimulate technological innovation. Applied to the energy sector, this implies that the more stringent the environmental regulations in a region, the stronger the demand for technological innovation in renewable energy, and the easier it is for the innovation incentivizing effect of TPT policy to be realized [53]. To explore this heterogeneity, we use the ratio of industrial pollution control investment to industrial added value as the proxy variable of environmental regulation strength [54], and divide all provinces into highregulation group and low-regulation group.…”

Section: The Heterogeneity Of Environmental Regulationmentioning

confidence: 99%

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Two-Part Tariff Policy and Total Factor Productivity of Pumped Storage Industry: Stimulation or Failure?

Yu,

Li,

Chen

et al. 2024

Systems

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The two-part tariff (TPT) policy is implemented as an important initiative to accelerate the marketization of the pumped storage industry and promote its high-quality development. However, it is not clear exactly how the TPT policy affects the productivity of the pumped storage industry. Using the EBM-GML method and the DID model, this paper measures the total factor productivity of the pumped storage industry and explores the impact of the Two-Part Tariff (TPT) policy on its total factor productivity. Based on the samples of 16 provinces in China from 2004 to 2020, we find the following: (1) At present, the total factor productivity of China’s pumped storage industry is still at a low level. (2) TPT policy can promote the improvement of total factor productivity, which was strongly supported by the robustness test. Innovation incentive is one of the main mechanisms. (3) The impact of TPT policy on total factor productivity has obvious regional heterogeneity. By geographic location, the TPT policy has little effect on the pumped storage industry’s TFP in the eastern region, but it exerts a significant positive role in the central region. By energy affluence, TPT policy effect is stronger in provinces with low energy dependence. By environmental governance, the role of this policy is more obvious in provinces with low environmental regulation but developed green financial market. Finally, some corresponding policy implications have been put forward.

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“…In the low-regulation area, the TPT policy would raise TFP by 0.2740 on average. This conclusion conflicts with the research of Zhang et al [53].…”

Section: The Heterogeneity Of Environmental Regulationcontrasting

confidence: 85%

Section: The Heterogeneity Of Environmental Regulationmentioning

confidence: 99%

Two-Part Tariff Policy and Total Factor Productivity of Pumped Storage Industry: Stimulation or Failure?

Yu,

Li,

Chen

et al. 2024

Systems

View full text Add to dashboard Cite

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“…Without resources, no business can expand sustainably [36]. The abundance of resource endowment, which serves as one of the essential elements of a firm's transformation and upgrading model, influences the willingness of enterprises to transform and upgrade and the way it will happen [37].…”

Section: Analysis Of the Impact Of Resource Abundance On Enterprise T...mentioning

confidence: 99%

The Effect of Corporate Resource Abundance on the Transformation and Upgrading of Manufacturing Enterprises from the Perspective of Whole Process Innovation

Tang

et al. 2023

Sustainability

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Exploiting a comparative advantage through resource endowment is a way to promote the transformation and upgrading of enterprises and high-quality economic development. Based on resource-based theory, this paper takes the listed companies of China’s manufacturing industry as a sample and classifies them into leading, potential, catching-up, and exiting enterprises according to the abundance of financial and human resources. In terms of the research perspective, this paper adopts resource abundance as the starting point to explore its impact on enterprise transformation and upgrading and incorporates technological innovation into the framework to investigate its transmission mechanism. The results indicate that the resource abundance of enterprises directly promotes the transformation and upgrading of enterprises. Notably, the mechanism identification test suggests the following. (1) From the perspective of innovation investment, innovation investment intensity is an important channel for manufacturing companies to transform and upgrade. (2) From the perspective of innovation direction, higher levels of resources allow leading enterprises to accelerate transformation and upgrading through product and process innovation. In contrast, catching-up enterprises tend to foster product innovation rather than process innovation to transform and update, while potential enterprises are likely to foster process innovation to transform and update rather than product innovation. On the other hand, the path of transformation and upgrading through product or process innovation is obstructed for the exiting enterprises. (3) From the perspective of innovation output, all but the exiting enterprises can be transformed and upgraded by increasing their innovation output. Overall, considering the impact of corporate innovation behavior, this research offers new insights into the relationship between resource abundance and transformation and upgrading, and it provides inspiration for promoting transformation and upgrading in Chinese manufacturing enterprises.

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The Impacts of Resource Endowment, and Environmental Regulations on Sustainability—Empirical Evidence Based on Data from Renewable Energy Enterprises

Cited by 8 publications

References 57 publications

Two-Part Tariff Policy and Total Factor Productivity of Pumped Storage Industry: Stimulation or Failure?

Two-Part Tariff Policy and Total Factor Productivity of Pumped Storage Industry: Stimulation or Failure?

The Effect of Corporate Resource Abundance on the Transformation and Upgrading of Manufacturing Enterprises from the Perspective of Whole Process Innovation

Research on variable speed constant frequency energy generation based on deep learning for disordered ocean current energy

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