Towards high-quality development: The complex role of environmental regulation

PLoS ONE, Journal Year: 2025, Volume and Issue: 20(2), P. e0312816 - e0312816

Published: Feb. 12, 2025

High-quality development is a necessary condition for healthy society, and environmental regulation an important means to maintain high-quality development. Against this backdrop, study takes the Yellow River Basin in China as example explore complex impact of on economic development, with particular focus indirect regional pollution heterogeneity influence. Utilizing panel data from 2011 2022, paper constructs evaluation index system Basin’s that encompasses 29 fundamental indicators applies Entropy-Weighted TOPSIS method comprehensive assessment. The research found significant positive relationship between confirming key role balancing growth protection. article further analyzes under background discovers nonlinear threshold effect characteristics Notably, influence already evident at lower intensities, yet becomes markedly more pronounced when regulatory intensity reaches or exceeds certain threshold. Additionally, delves into heterogeneous impacts across regions differing levels. findings indicate severe pollution, considerably pronounced, potentially attributable heightened public concern issues stringent protection measures implemented by government. also addresses issue endogeneity using instrumental variable methods ensure robustness results. Ultimately, presents targeted policy recommendations, including formulation region-specific regulations, establishment collaborative governance mechanisms, enhancement participation oversight, promotion green technological innovation, all aimed fostering coordinated advancement Basin.

Language: Английский

---

Enterprise Green Transition, Pollution Mitigation, and Financing Constraints

Frontiers in Sustainable Development, Journal Year: 2025, Volume and Issue: 5(3), P. 106 - 115

Published: March 22, 2025

Amidst the deepening implementation of China’s “Dual Carbon” national strategy, this study integrates Natural Resource-Based View with financing constraint theory to investigate pollution mitigation effects corporate green transition. Utilizing textual analysis on panel data from heavily polluting A-share listed companies (2013-2022), we develop a multidimensional transition index and employ fixed-effects regression models. Key findings reveal: (1) Corporate demonstrates significant marginal improvement abatement, enhanced efficacy observed in firms facing stringent environmental regulations; (2) Financing constraints exhibit substantial negative moderating transition-pollution reduction nexus. Theoretically, research advances micro-level understanding governance economics. Practically, it provides empirical support for optimizing finance instruments calibrating regulation intensity gradients.

Language: Английский

---

Can Green CEOs Trigger the Green Premium Effect?

Finance research letters, Journal Year: 2025, Volume and Issue: unknown, P. 107376 - 107376

Published: April 1, 2025

Language: Английский

---

Green public procurement, external pressures and enterprise green transition: Evidence from China

Journal of Asian Economics, Journal Year: 2025, Volume and Issue: unknown, P. 101936 - 101936

Published: April 1, 2025

Language: Английский

---

Measurement, Regional Differences and Convergence Characteristics of Comprehensive Green Transformation of China’s Economy and Society

Sustainability, Journal Year: 2025, Volume and Issue: 17(9), P. 3971 - 3971

Published: April 28, 2025

Promoting the comprehensive green transformation (CGT) of China’s economy and society is vital for achieving high-quality economic growth building a beautiful China. This study establishes CGT evaluation index system across four dimensions: comprehensiveness, synergy, innovation, security. Using entropy weighting method, it evaluates development level 30 Chinese provinces from 2011 to 2022. Subsequently, examines regional differences convergence features in through application Theil index, kernel density estimation (replaced by KDE below), analysis methods. The findings indicate following: Firstly, nationwide within key regions has been on rise annually; yet, variations persist. Secondly, both overall disparities discrepancies are diminishing. Furthermore, interregional main contributor development. Thirdly, while number gradually increased nationwide, their unevenness also intensified. Fourthly, regarding characteristics, σ-convergence, along with absolute conditional β-convergence observed all but central; central region, not statistically significant, is. Conclusions this can offer theoretical insights further elevating fostering coordinated

Language: Английский

---

Exploring the role of quality and inclusive education in meeting sustainable development goals

Economic Change and Restructuring, Journal Year: 2024, Volume and Issue: 57(3)

Published: April 13, 2024

Language: Английский

---

Sustainable development and investor confidence: The safe‐haven appeal of green‐bond issuing firms

Sustainable Development, Journal Year: 2024, Volume and Issue: unknown

Published: Sept. 2, 2024

Abstract This study investigates the performance of a green‐linked portfolio as safe haven and hedge against traditional assets during periods market turmoil, such COVID‐19 pandemic Russia‐Ukraine war. Utilizing dynamic conditional correlation (DCC)‐generalized autoregressive heteroscedasticity (GARCH) approach, analyzes portfolio's correlations with global like SENSEX 30, BSE ESG 100, Gold, S&P Green Bond Index, US 10‐year Treasury bonds, demonstrating its stability. [Correction added on 05 September 2024, after first online publication: In preceding sentence, word ‘asse’ was corrected to ‘assets’ in this version.] Our findings demonstrate that outperforms both individual stocks major indices well havens gold bonds. The exhibits superior risk‐adjusted returns lower volatility, particularly crisis periods. strong positive Index highlights alignment broader green market. Interestingly, 95% effectiveness, it emerged viable investment, surpassing stability uncertainties. Further, forecast matrix results VAR analysis confirm potential diversifier asset, characterized by significant returns. Additionally, SAP‐LAP framework provides clarity stakeholders safe‐haven options within markets. Moreover, while bond markets are more mature developed economies, our suggest investments emerging markets, India, offer promising avenue for investors seeking financial environmental impact. Overall, empirical evidence supporting inclusion diversified portfolios enhance risk management capture long‐term growth opportunities.

Language: Английский

---

How Do Energy Input and Carbon Emission Constraints Affect the ESG Performance of Manufacturing Enterprises? Evidence from China

Sustainable Futures, Journal Year: 2024, Volume and Issue: unknown, P. 100318 - 100318

Published: Sept. 1, 2024

Language: Английский

---

Mooring in the green room. Sailors’ preferences and willingness to pay for green policies in marinas

Journal of Cleaner Production, Journal Year: 2023, Volume and Issue: 419, P. 138227 - 138227

Published: July 27, 2023

'Going green' is still challenging in the yachting industry partly due to lack of consumer-centric approaches. This study assesses sailors' preferences and willingness pay for green policies marinas, context other measures increase health security digital transformation. To do so, a choice experiment was designed through lens stakeholders supported by Delphi technique. The based on marinas Canary Islands Atlantic crossing involved European sailors as potential users. Data confirm that utility intention visit most when ambitious programs are place, thereby confirming high environmental sensitivity among them. More specifically, solar energy use, single-use plastic eradication, waste recycling with greatest positive impact pay. indicates profitability market opportunities derived from more friendly practices marinas. opens new perspective improve incentive funding schemes close implementation gaps recreational ports.

Language: Английский

---

Corporate green transformation and stock returns: evidence from Chinese listed manufacturing firms

Applied Economics, Journal Year: 2024, Volume and Issue: unknown, P. 1 - 17

Published: March 30, 2024

Researchers debate whether corporate green transformation reduces stock returns or improves financial performance. By using 907 manufacturing listed firms in China from 2010 to 2022, this paper measures the degree of by extracting keywords social responsibility reports based on text mining and empirically examines effect applying fixed-effect panel model. The results show that corporates has a negative impact returns. Second, moderating mechanism analysis demonstrates can reduce increasing operating costs reducing investor confidence. Third, heterogeneous shows is more significant for non-state-owned firms, non-low-carbon pilot cities, non-heavily polluting industries during periods poor economic environment. Further carbon emissions have positive transformation. This study enriches exploration consequences Our empirical findings suggest important policy implications.

Language: Английский

---