Sustainability,
Journal Year:
2024,
Volume and Issue:
16(22), P. 9737 - 9737
Published: Nov. 8, 2024
In
order
to
address
the
climate
change
crisis,
China
has
actively
promoted
low-carbon
urban
development.
implemented
a
policy
known
as
city
pilot
(LCCPP).
Given
enterprise
life
cycle
theory,
multi-period
DID
model
is
employed
investigate
influence
of
LCCPP
on
enterprise’s
green
technology
innovation
(GTI).
The
research
reveals
that
can
actually
promote
GTI.
significantly
stimulates
GTI
enterprises
in
growth
phase,
but
not
for
maturity
and
recession
phases.
Path
analysis
indicates
enhance
by
increasing
government
fiscal
subsidies
development
(R&D)
firms.
Further
although
effects
LCCPS
are
effective
state-owned
(SOEs)
non-manufacturing
businesses,
it
significant
those
stage.
successfully
enhances
substantial
within
enterprises,
strategic
enterprises.
This
study
enriches
existing
scholarly
holds
practical
implications
promoting
accurate
among
thereby
further
advancing
transition
towards
Atmosphere,
Journal Year:
2025,
Volume and Issue:
16(2), P. 155 - 155
Published: Jan. 31, 2025
Green
total
factor
productivity
(GTFP)
is
a
key
for
achieving
sustainable
development
and
enhancing
economic
competitiveness.
Environmental
information
disclosure
plays
significant
role
in
improving
the
corporate
GTFP.
Using
A-share-listed
company
data
China
from
2009
to
2019,
this
study
employs
Ambient
Air
Quality
Standards
(GB3095-2012)
promulgated
by
2012
as
quasi-natural
experiment.
This
difference-in-differences
(DID)
examine
impact
of
environmental
on
The
findings
reveal
that
average,
positively
affects
firms’
Mechanism
analyses
show
promotes
GTFP
increasing
costs,
alleviating
financing
constraints,
promoting
green
technological
innovation.
mainly
non-state-owned
smaller,
young
enterprises.
These
conclusions
provide
theoretical
support
empirical
evidence
governments
leverage
promote
development,
thereby
high-quality
growth.
