☆ 4.7 Article

Climate policy uncertainty and firm-level total factor productivity: Evidence from China

ENERGY ECONOMICS (2022)

相关参考文献

注意：仅列出部分参考文献，下载原文获取全部文献信息。

Article Green & Sustainable Science & Technology

Pricing climate-related risks of energy investments

Soh Young In et al.

Summary: This paper presents a framework for pricing the climate resilience of an energy infrastructure project through assessing the value of its required debt and equity investments. The framework helps delineate asset-specific climate-related risks and transform them into financial risks, estimating the size and timing of losses for any given default.

RENEWABLE & SUSTAINABLE ENERGY REVIEWS (2022)

添加到收藏夹

Article Economics

How does fiscal policy uncertainty affect corporate innovation investment? Evidence from China's new energy industry

Huwei Wen et al.

Summary: This study examines the relationship between fiscal policy uncertainty and corporate innovation investment in Chinese A-share listed companies in the new energy industry from 2007 to 2019. The findings suggest that fiscal policy uncertainty significantly reduces innovation investment, largely due to the decline in government support incentives. Product market competition, however, mitigates the adverse effects of fiscal policy uncertainty on innovation investment. Bank credit constraint serves as the mechanism through which fiscal policy uncertainty restrains innovation investment.

ENERGY ECONOMICS (2022)

添加到收藏夹

Article Business, Finance

Economic policy uncertainty and firm innovation: Evidence from a risk-taking perspective

Zhukun Lou et al.

Summary: This study found that economic policy uncertainty has a negative impact on firm innovation, especially in companies with executives with low risk preference and weak risk-taking ability. When EPU is lower, corporate innovation has a stronger positive effect on firm value. This research provides important evidence on the impact of EPU on firm innovation from a risk-taking perspective.

INTERNATIONAL REVIEW OF ECONOMICS & FINANCE (2022)

添加到收藏夹

Article Green & Sustainable Science & Technology

Climate risk and corporate environmental performance: Empirical evidence from China

Xiaohang Ren et al.

Summary: This study creatively examines the impact of extreme national climate risk on corporate environmental performance in China and proposes an innovative approach based on economic input-output life cycle assessment to evaluate corporate carbon footprint. The findings suggest that an increase in national climate risk will lead to higher corporate carbon emissions, particularly when the climate risk score is in the high-risk range. Additionally, the effects of climate risk on corporate carbon performance vary among companies with different geographical locations and environmental restrictions. The research provides insights for relevant business leaders, policymakers, and investors in enhancing related policies.

SUSTAINABLE PRODUCTION AND CONSUMPTION (2022)

添加到收藏夹

Article Economics

Dynamic impacts of energy consumption on economic growth in China: Evidence from a non-parametric panel data model

Xiaohang Ren et al.

Summary: By using a non-parametric method, the relationship between economic growth and energy consumption is empirically examined from both time and space perspectives. The study finds that the promotion effect of energy consumption on economic growth changes over time, and the non-parametric model captures this effect better. Additionally, classification based on carbon intensity suggests that energy efficiency should be improved in high-carbon development areas, while investment and innovation should be emphasized in low-carbon development areas.

ENERGY ECONOMICS (2022)

添加到收藏夹

Article Business

The interrelationship between the carbon market and the green bonds market: Evidence from wavelet quantile-on-quantile method

Xiaohang Ren et al.

Summary: This study constructs a framework based on multiple time scales and market conditions to quantify the interrelationship between carbon futures and green bond markets. The study finds that carbon futures have positive effects on the green bond market in the medium to long term, but exhibit erratic performance in the short term. The effects are more pronounced when both markets are in an extreme state.

TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE (2022)

添加到收藏夹

Article Business, Finance

Asymmetric causality of economic policy uncertainty and oil volatility index on time-varying nexus of the clean energy, carbon and green bond

Xiong Wang et al.

Summary: This study aims to investigate the time-varying connections among clean energy, carbon, and green bonds and analyze the asymmetric causation of economic policy uncertainty and oil volatility on cross-asset correlations. The research findings suggest that these three assets have complicated links, financial market turbulence can exacerbate the connections, and economic policy uncertainty and oil volatility are strong predictors.

INTERNATIONAL REVIEW OF FINANCIAL ANALYSIS (2022)

添加到收藏夹

Article Economics

Green technology innovation and financial development: Do environmental regulation and innovation output matter?

Chengchao Lv et al.

Summary: This study combines financial structure, scale, and efficiency to examine the relationship between financial development and green technology innovation in 30 provinces of China from 2003 to 2017. The findings suggest that financial structure is conducive to green technology innovation, while financial scale and efficiency have a negative impact on it. Additionally, environmental regulation plays a moderating and mediating role in this relationship.

ENERGY ECONOMICS (2021)

添加到收藏夹

Article Economics

Weather shocks, adaptation and agricultural TFP: A cross-region comparison of Australian Broadacre farms

Yu Sheng et al.

Summary: The study indicates that weather shocks have a dynamic impact on the total factor productivity of the Australian broadacre industry, with farmers adapting to these shocks by adjusting their output and input structures. Farmers in regions with the least favorable climate conditions are found to adapt more rapidly to weather shocks. Public policies encouraging farmers to enhance their adaptive capacities during weather shocks are deemed important.

ENERGY ECONOMICS (2021)

添加到收藏夹

Article Economics

Exploring the links between total factor productivity and energy efficiency: Portugal, 1960-2014

Joao Santos et al.

Summary: The study reveals a significant long-term relationship between total factor productivity (TFP) and aggregate energy efficiency in Portugal, suggesting that energy efficiency plays a more significant role in driving economic growth than previously thought.

ENERGY ECONOMICS (2021)

添加到收藏夹

Article Business, Finance

The effect of economic policy uncertainty on enterprise total factor productivity based on financial mismatch: Evidence from China*

Kaifeng Li et al.

Summary: The study shows that economic policy uncertainty has a significantly negative impact on the total factor productivity (TFP) growth of enterprises in China, particularly for non-state-owned enterprises and large-scale enterprises. This impact is mainly due to exacerbating financial mismatch.

PACIFIC-BASIN FINANCE JOURNAL (2021)

添加到收藏夹

Article Economics

Economic policy uncertainty and firm's cash holding in China: The key role of asset reversibility

Yuanyuan Liu et al.

Summary: This study investigates how asset reversibility affects the sensitivity of firm's cash holding to economic policy uncertainty in China. The results show that asset reversibility has a significant and negative effect on the positive uncertainty-cash holding sensitivity, especially for firms with more severe financial constraints. Firms with higher asset reversibility tend to invest more in fixed assets, suggesting that real investment is a key mechanism. The baseline results are robust to potential endogeneity and alternative measures of asset reversibility and economic policy uncertainty.

JOURNAL OF ASIAN ECONOMICS (2021)

添加到收藏夹

Article Environmental Sciences

Does fiscal decentralization and eco-innovation promote renewable energy consumption? Analyzing the role of political risk

Chi-Wei Su et al.

Summary: The study demonstrates that fiscal decentralization and eco-innovation promote renewable energy consumption and lower non-renewable energy use, while the improvement of the political risk index and the increase in R&D in renewable energy also drive renewable energy consumption. The recommendation to transfer power to local governments could enhance energy efficiency and shift energy mix towards more sustainable sources, reducing the reliance on non-renewable energy sources.

SCIENCE OF THE TOTAL ENVIRONMENT (2021)

添加到收藏夹

Article Green & Sustainable Science & Technology

Research on the heterogeneous impact of carbon emission reduction policy on R&D investment intensity: From the perspective of enterprise's ownership structure

Xianyou Pan et al.

Summary: This paper uses the "Ten Thousand Enterprises Plan" as an example to reveal the impact of carbon dioxide reduction on enterprises' R&D investment, showing a significant cost effect of carbon reduction policy in China, and the moderating effect of ownership structure on enterprises' R&D investment.

JOURNAL OF CLEANER PRODUCTION (2021)

添加到收藏夹

Article Environmental Sciences

The impact of carbon neutrality on the investment performance: Evidence from the equity mutual funds in BRICS

Xiangfeng Ji et al.

Summary: The study reveals that green funds outperform other types of funds in terms of investment returns and market timing ability, both in the overall sample and within-country assessment. Chinese green funds exhibit the best performance, attributed to the ecologically friendly policies adopted by China over the years.

JOURNAL OF ENVIRONMENTAL MANAGEMENT (2021)

添加到收藏夹

Article Economics

Regional gap and the trend of green finance development in China

Chengchao Lv et al.

Summary: This research reveals the regional gap, trend evolution, and spatial pattern of China's green finance development. It shows that the overall development index of green finance in China is increasing but not at a high level, with a decreasing regional gap and a polarization trend. The study also identifies a club convergence phenomenon in the development of green finance in China.

ENERGY ECONOMICS (2021)

添加到收藏夹

Article Business, Finance

Economic policy uncertainty and corporate risk-taking: Loss aversion or opportunity expectations

Cheng Zhang et al.

Summary: The research found that an increase in economic policy uncertainty will facilitate corporate risk-taking through financialization. Product market competition strengthens this effect, while financial market friction restricts it.

PACIFIC-BASIN FINANCE JOURNAL (2021)

添加到收藏夹

Article Green & Sustainable Science & Technology

Evaluating the impact of carbon emissions trading scheme on Chinese firms' total factor productivity

Jin Xiao et al.

Summary: The study found that under the pilot carbon emissions trading scheme (ETS) in China, the total factor productivity (TFP) of firms has improved, and this improvement is not influenced by firm ownership but mainly by industrial heterogeneity. The ETS has achieved an increase in TFP by promoting firms' operating and profitability capacity.

JOURNAL OF CLEANER PRODUCTION (2021)

添加到收藏夹

Article Engineering, Environmental

The impact of low-carbon city pilot policy on the total factor productivity of listed enterprises in China

Hao Chen et al.

Summary: The study found that the construction of low-carbon cities significantly promotes the TFP growth of local enterprises, with technological innovation improvement and resource allocation efficiency optimization being important transmission mechanisms. The results are robust to a series of tests, indicating that the implementation of a low-carbon city pilot policy can help achieve the win-win goal of emission reduction and high-quality enterprise development.

RESOURCES CONSERVATION AND RECYCLING (2021)

添加到收藏夹

Article Business, Finance

The impact of air pollution on corporate cash holdings

Bin Li et al.

Summary: The research found that air pollution has a significant impact on corporate cash holdings, especially for non-heavily polluting enterprises. Air pollution has a significant positive influence on the cash holdings of non-state-owned enterprises, while the impact on state-owned enterprises is not significant.

BORSA ISTANBUL REVIEW (2021)

添加到收藏夹

Article Business, Finance

Green credit regulation, induced R&D and green productivity: Revisiting the Porter Hypothesis

Dongyang Zhang

Summary: This study reveals that the green credit regulation policy significantly enhances green total factor productivity (GTFP) growth, particularly through fostering environmentally induced R&D. Additionally, production R&D also contributes to the improvement of input-output TFP.

INTERNATIONAL REVIEW OF FINANCIAL ANALYSIS (2021)

添加到收藏夹

Article Economics

The impact of natural disaster on energy consumption: International evidence

Chien-Chiang Lee et al.

Summary: The research shows that natural disasters have a negative impact on energy consumption, especially for low-income countries or those in the Africa region. Quantile regression results indicate that natural disasters significantly affect oil, renewable, and nuclear energy consumption.

ENERGY ECONOMICS (2021)

添加到收藏夹

Article Economics

Policy-related risk and corporate financing behavior: Evidence from China's listed companies

Chi-Chuan Lee et al.

Summary: This paper examines the impact of policy-related risks on corporate financing behavior in China using quarterly data of publicly-listed companies. The results show that policy-related risks have a negative effect on financing decisions, particularly larger for debt financing. Additionally, both firm- and country-level factors are essential determinants influencing corporate financing decisions.

ECONOMIC MODELLING (2021)

添加到收藏夹

Article Economics

Green credit policy, credit allocation efficiency and upgrade of energy-intensive enterprises

Huwei Wen et al.

Summary: Using quasi-experimental method, this study investigates the impact of green credit policy on energy-intensive enterprises. The findings suggest that the Green Credit Guidelines in 2012 had a negative effect on R&D intensity and total factor productivity, while reducing bank credit and increasing trade credit. On the other hand, the Energy Efficiency Credit Guidelines in 2015 increased bank credit and fixed asset investment for enterprises.

ENERGY ECONOMICS (2021)

添加到收藏夹

Article Green & Sustainable Science & Technology

How China Going green impacts corporate performance?

Dongyang Zhang et al.

JOURNAL OF CLEANER PRODUCTION (2020)

添加到收藏夹

Article Green & Sustainable Science & Technology

Does technological innovation reduce CO2 emissions?Cross-country evidence

Yang Chen et al.

JOURNAL OF CLEANER PRODUCTION (2020)

添加到收藏夹

Article Environmental Sciences

The nexus of carbon emissions, financial development, renewable energy consumption, and technological innovation: What should be the priorities in light of COP 21 Agreements?

Rong Wang et al.

JOURNAL OF ENVIRONMENTAL MANAGEMENT (2020)

添加到收藏夹

Article Environmental Sciences

Trade and technological innovation: The catalysts for climate change and way forward for COP21

Chi-Wei Su et al.

JOURNAL OF ENVIRONMENTAL MANAGEMENT (2020)

添加到收藏夹

Article Environmental Sciences

Productivity Effect Evaluation on Market-Type Environmental Regulation: A Case Study of SO2 Emission Trading Pilot in China

Yanhong Feng et al.

INTERNATIONAL JOURNAL OF ENVIRONMENTAL RESEARCH AND PUBLIC HEALTH (2020)

添加到收藏夹

Article Business, Finance

Listed zombie firms and top executive gender: Evidence from an emerging market

Jianchun Fang et al.

PACIFIC-BASIN FINANCE JOURNAL (2020)

添加到收藏夹

Article Business, Finance

Financial development, energy consumption and China's economic growth: New evidence from provincial panel data

Yu Hao et al.

INTERNATIONAL REVIEW OF ECONOMICS & FINANCE (2020)

添加到收藏夹

Article Economics

Effects of financial development on energy consumption: The role of country risks

Yi-Bin Chiu et al.

ENERGY ECONOMICS (2020)

添加到收藏夹

Article Economics

Global economic and environmental outcomes of the Paris Agreement

Weifeng Liu et al.

ENERGY ECONOMICS (2020)

添加到收藏夹

Article Business

When companies improve the sustainability of the natural environment: A study of large US companies

Taryn De Mendonca et al.

BUSINESS STRATEGY AND THE ENVIRONMENT (2020)

添加到收藏夹

Article Economics

What if people value nature? Climate change and welfare costs

Marcelo Arbex et al.

RESOURCE AND ENERGY ECONOMICS (2020)

添加到收藏夹

Article Economics

The differential role of manufacturing and non-manufacturing TFP growth in economic growth

Fei Jia et al.

STRUCTURAL CHANGE AND ECONOMIC DYNAMICS (2020)

添加到收藏夹

Article Business, Finance

Economic policy uncertainty, cost of capital, and corporate innovation

Zhaoxia Xu

JOURNAL OF BANKING & FINANCE (2020)

添加到收藏夹

Article Economics

How does manufacturing agglomeration affect green economic efficiency?

Huaxi Yuan et al.

ENERGY ECONOMICS (2020)

添加到收藏夹

Article Economics

Do fossil fuel and renewable energy consumption affect total factor productivity growth? Evidence from cross-country data with policy insights

Badri Narayan Rath et al.

ENERGY POLICY (2019)

添加到收藏夹

Review Environmental Studies

Social science perspectives on drivers of and responses to global climate change

Andrew K. Jorgenson et al.

WILEY INTERDISCIPLINARY REVIEWS-CLIMATE CHANGE (2019)

添加到收藏夹

Article Thermodynamics

Does geopolitical risk strengthen or depress oil prices and financial liquidity? Evidence from Saudi Arabia

Chi-Wei Su et al.

ENERGY (2019)

添加到收藏夹

Article Business, Finance

Is informational inefficiency priced in stock markets? A comparison between the US and Chinese cases

Baochen Yang et al.

PACIFIC-BASIN FINANCE JOURNAL (2019)

添加到收藏夹

Article Economics

Weather, Climate and Total Factor Productivity

Marco Letta et al.

ENVIRONMENTAL & RESOURCE ECONOMICS (2019)

添加到收藏夹

Article Business

Do green technology innovations contribute to carbon dioxide emission reduction? Empirical evidence from patent data

Kerui Du et al.

TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE (2019)

添加到收藏夹

Article Business, Finance

Modelling fundamental analysis in portfolio selection

Huazhu Zhang et al.

QUANTITATIVE FINANCE (2018)

添加到收藏夹

Article Energy & Fuels

Energy investment needs for fulfilling the Paris Agreement and achieving the Sustainable Development Goals

David L. McCollum et al.

NATURE ENERGY (2018)

添加到收藏夹

Article Business, Finance

Cash conversion cycle and corporate performance: Global evidence

Chong-Chuo Chang

INTERNATIONAL REVIEW OF ECONOMICS & FINANCE (2018)

添加到收藏夹

Article Business

Temperature effects on productivity and factor reallocation: Evidence from a half million chinese manufacturing plants

Peng Zhang et al.

JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT (2018)

添加到收藏夹

Article Business, Finance

Policy uncertainty, investment, and the cost of capital

Wolfgang Drobetz et al.

JOURNAL OF FINANCIAL STABILITY (2018)

添加到收藏夹

Article Economics

Asset transformation and the challenges to servitize a utility business model

Thorsten Helms

ENERGY POLICY (2016)

添加到收藏夹

Review Green & Sustainable Science & Technology

Does renewable and/or non-renewable energy consumption matter for total factor productivity (TFP) growth? Evidence from the BRICS

Can Tansel Tugcu et al.

RENEWABLE & SUSTAINABLE ENERGY REVIEWS (2016)

添加到收藏夹

Article Economics

IDENTIFICATION PROPERTIES OF RECENT PRODUCTION FUNCTION ESTIMATORS

Daniel A. Ackerberg et al.

ECONOMETRICA (2015)

添加到收藏夹

Article Economics

Energy-tax changes and competitiveness: The role of adaptive capacity

Camille Gonseth et al.

ENERGY ECONOMICS (2015)

添加到收藏夹

Article Economics

ENDOGENOUS GROWTH, CONVEXITY OF DAMAGE AND CLIMATE RISK: HOW NORDHAUS' FRAMEWORK SUPPORTS DEEP CUTS IN CARBON EMISSIONS

Simon Dietz et al.

ECONOMIC JOURNAL (2015)

添加到收藏夹

Article Law

Climate Impacts on Economic Growth as Drivers of Uncertainty in the Social Cost of Carbon

Elisabeth J. Moyer et al.

JOURNAL OF LEGAL STUDIES (2014)

添加到收藏夹

Article Economics

Re-estimation of firms' total factor productivity in China's iron and steel industry

Yu Sheng et al.

CHINA ECONOMIC REVIEW (2013)

添加到收藏夹

Article Economics

Temperature Shocks and Economic Growth: Evidence from the Last Half Century

Melissa Dell et al.

AMERICAN ECONOMIC JOURNAL-MACROECONOMICS (2012)

添加到收藏夹

Article Business, Finance

Bank discrimination, holding bank ownership, and economic consequences: Evidence from China

Zhengfei Lu et al.

JOURNAL OF BANKING & FINANCE (2012)

添加到收藏夹

Article Economics

Entry costs, industry structure, and cross-country income and TFP differences

Levon Barseghyan et al.

JOURNAL OF ECONOMIC THEORY (2011)

添加到收藏夹

Article Economics

Dynamic modelling of energy consumption, capital stock, and real income in G-7 countries

Chien-Chiang Lee et al.

ENERGY ECONOMICS (2010)

添加到收藏夹

Review Development Studies

Can China's Growth be Sustained? A Productivity Perspective

Jinghai Zheng et al.

WORLD DEVELOPMENT (2009)

添加到收藏夹

Article Economics

Energy consumption and GDP revisited: A panel analysis of developed and developing countries

Chien-Chiang Lee et al.

ENERGY ECONOMICS (2007)

添加到收藏夹

Article Economics

Biogeography and long-run economic development

O Olsson et al.

EUROPEAN ECONOMIC REVIEW (2005)

添加到收藏夹

Article Economics

Energy consumption and GDP in developing countries: A cointegrated panel analysis

CC Lee

ENERGY ECONOMICS (2005)

添加到收藏夹

Article Economics

On climate change and economic growth

S Fankhauser et al.

RESOURCE AND ENERGY ECONOMICS (2005)

添加到收藏夹

Article Economics

Estimating production functions using inputs to control for unobservables

J Levinsohn et al.

REVIEW OF ECONOMIC STUDIES (2003)

添加到收藏夹

© Peeref 2019-2024. All rights reserved.