Will Green Credit Affect the Cash Flow of Heavily Polluting Enterprises?
Sustainability,
Год журнала:
2025,
Номер
17(1), С. 311 - 311
Опубликована: Янв. 3, 2025
As
environmental
pollution
intensifies,
China
has
begun
to
implement
green
credit
policies
reduce
allocation
highly
polluting
enterprises.
This
research
examines
the
influence
of
on
cash
flow
heavily
enterprises,
based
implementation
“Green
Credit
Guidelines”.
The
policy
creates
a
quasi-natural
experimental
setting
by
giving
businesses
access
an
exogenous
occurrence.
Consequently,
this
paper
uses
data
from
494
A-share
listed
companies
in
over
fifteen-year
period
2007
2021
and
employs
Difference-in-Differences
(DID)
model
assess
net
effect
policy,
positing
that
scheme
will
prevent
making
money.
empirical
findings
show
significantly
reduces
emit
lot
pollutants,
especially
when
it
comes
operational
flow.
Heterogeneity
analysis
reveals
high-emission
regions
non-state-owned
enterprises
is
affected
even
more
significantly.
Previous
often
overlooked
as
metric;
however,
critical
indicator
enterprise’s
status.
From
angle,
study
adds
our
knowledge
how
schemes
affect
businesses.
Additionally,
contributes
ongoing
discussion
regarding
relationship
between
financial
constraints
China’s
government
ought
keep
encouraging
creation
regulations,
enhance
supervision
state-owned
pay
attention
low-emission
establishing
dynamic
regulatory
indicators
promote
ecological
civilization
construction
transformation
upgrading
lagging
industries.
Язык: Английский
Environmental taxes promote the synergy between pollution and carbon reduction: Provincial evidence from China
Journal of Environmental Management,
Год журнала:
2024,
Номер
372, С. 123378 - 123378
Опубликована: Ноя. 24, 2024
Язык: Английский
The effect of the environmental protection tax on corporate labor demand: Evidence from China
Economic Analysis and Policy,
Год журнала:
2025,
Номер
unknown
Опубликована: Апрель 1, 2025
Язык: Английский
Can Environmental Protection Tax Decrease Urban Ozone Pollution? A Quasi-Natural Experiment Based on Cities in China
Sustainability,
Год журнала:
2024,
Номер
16(11), С. 4851 - 4851
Опубликована: Июнь 6, 2024
The
air
pollution
control
in
China
has
gradually
transitioned
from
single
pollutant
to
multi-pollutant
collaborative
governance.
Among
the
relevant
factors,
of
ozone
(O3)
received
widespread
attention.
numerous
regulations,
environmental
protection
tax
(EPT)
is
highly
valued,
as
it
can
effectively
emissions
O3
precursors.
objective
this
study
investigate
whether
implementation
an
EPT
reduce
urban
China.
Based
on
this,
we
used
difference-in-differences
(DID)
method,
combined
with
panel
data
221
cities
2015
2020,
conduct
empirical
analysis
impacts
reform
policy
pollution.
econometrics
results
indicate
that
inhibit
near-surface
by
approximately
2.1%,
and
result
was
confirmed
be
accurate
multiple
robustness
tests.
Additionally,
significant
spatial
heterogeneities
effect
are
captured
paper.
Due
development
levels
geographical
better
reduction
effects
were
national-model
protection,
efforts
based
inland
high-level
financial
cities.
Furthermore,
three
potential
mechanisms,
including
cutting
energy
consumption,
industrial
structure
optimization,
technological
advance,
verified
being
impact
path
This
paper
provide
evidence
for
China,
also
contribute
further
improvement
policies.
Язык: Английский
Does Environmental Information Disclosure Reduce PM2.5 Emissions? Evidence from Chinese Prefecture-Level Cities
Sustainability,
Год журнала:
2024,
Номер
16(22), С. 10125 - 10125
Опубликована: Ноя. 20, 2024
As
an
important
means
of
regulating
pollution
emissions,
environmental
regulation
is
crucial
for
reducing
urban
PM2.5.
However,
previous
studies
have
mainly
focused
on
the
emission
reduction
effect
formal
regulations
and
neglected
role
played
by
informal
represented
information
disclosure.
We
employed
a
multiperiod
difference-in-differences
(DID)
model
to
assess
effectiveness
EID
policies
in
mitigating
PM2.5
emissions
investigate
their
abatement
mechanism
focusing
green
innovation
industrial
structure.
The
findings
indicate
that
implementation
significantly
reduces
emissions.
Mechanism
tests
reveal
promotes
reductions
fostering
upgrading
In
addition,
impact
policy
more
marked
resource-based
cities
those
located
interior
regions.
This
study
contributes
haze
China,
offering
empirical
evidence
recommendations
further
Язык: Английский