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Article
Economics
Shubo Yang et al.
Summary: In response to China's environmental pollution, policymakers implemented a low-carbon city pilot policy (LCCP) since 2010 and expanded its scope. This study evaluates the consequences of LCCP using econometric approaches, finding that it significantly reduces enterprise pollution, promotes healthy urbanization, and is more effective in controlling emissions for foreign or private-owned, capital and technology-intensive firms located in eastern and western regions of China. The study supports the Chinese Government's LCCP policy and provides empirical evidence for the revamping strategy of carbon-neutral cities.
Article
Environmental Sciences
Yuanshuo Xu et al.
Summary: Based on the data of 276 cities in China from 2003 to 2013, this study uses Geographically and Temporally Weighted Regression (GTWR) and Dynamic Time Warping (DTW) algorithm to capture the spatiotemporal non-stationarity in the effects of environmental regulation on green innovation. The results show that environmental regulation has an overall U-shape impact on green innovation, indicating that the Porter hypothesis and the crowding out theory are not conflicting, but are theoretical interpretations of different stages of local responses to environmental regulation. The spatiotemporal findings allow policymakers to better understand the multi-staged and geographically diverse impacts of environmental regulation on green innovations, and formulate targeted policies for different localities.
SCIENCE OF THE TOTAL ENVIRONMENT
(2023)
Article
Economics
Yi Chi et al.
Summary: This study explores the relationship between green investment funds (GIFs) and corporate green innovation (CGI) in Chinese listed firms and proposes a social value logic to explain GIF's green investment. The study finds that GIF can significantly improve CGI. The positive effect of GIF on CGI is more apparent in state-owned enterprises, companies with a higher proportion of long-term GIF, and after the proposal of a green financial system.
Article
Economics
Shubo Yang et al.
Summary: Emissions reduction through pro-environmental interventions, like the low-carbon city pilots (LCCP), in China has significantly decreased electricity consumption intensity (EECI) and promoted energy conservation attitude and energy efficiency in enterprises. The effect of LCCP on EECI varies based on ownership, location, and input characteristics of the intervened firms. The findings suggest the importance of implementing appropriate policies to achieve carbon emissions peak and neutrality.
Article
Thermodynamics
Jun Chen
Summary: This study investigates the impact of national smart city pilots on nitrogen dioxide air pollution in Chinese cities. The findings suggest that the smart city policy helps to mitigate NO2 concentrations, especially in cities with larger populations, higher administrative hierarchies, and located in eastern China. The mechanisms behind this mitigation effect are optimizing energy structure and advancing treatment technology, rather than directly reducing fossil energy consumption. Thus, smart city policy could be a win-win choice for developing countries to address the trade-off between air pollution and economic development.
Article
Business
Pei Xu et al.
Summary: Green credit policy effectively reduces corporate carbon emission intensity by lowering investment carbon intensity and enhancing environmental supervision. However, the signaling mechanism of green credit does not significantly alleviate corporate carbon emission intensity. Companies with third-party certification, non-state-owned ownership, and high financing constraint have a stronger reduction effect on corporate carbon emission intensity. Innovations should be made to the standards and processes of green credit to ensure sustainability and stability. Quantitative and standardized corporate environmental information disclosure is essential for the low-carbon effect on green finance innovation.
CORPORATE SOCIAL RESPONSIBILITY AND ENVIRONMENTAL MANAGEMENT
(2023)
Article
Environmental Studies
Kui Liu et al.
Summary: China's carbon neutrality target is not only a new requirement for energy development, but also a guide for the green and low-carbon development mode and direction of the whole economy. In order to achieve green and low-carbon goals, promote the construction of ecological civilization, and realize high-quality urban develop-ment, the Chinese government proposed the construction of smart cities in 2012. Using data from 279 cities in China from 2008 to 2020 and a multi-period difference-in-differences method, this paper empirically tested the impacts of the smart city constructions on the development of urban green economy. The results show that the implementation of smart city has a significant impact in promoting the development of urban green economy, which is manifested in significantly reducing the pollutant emissions and energy intensity and has regional heterogeneity. Endogeneity issues arising from pilot selection are effectively addressed with the help of instrumental variables. Furthermore, the impact mechanism of smart city on green economy is also analyzed.
ENVIRONMENTAL IMPACT ASSESSMENT REVIEW
(2023)
Article
Environmental Sciences
Atif Jahanger et al.
Summary: This paper reveals the impact of tourist footprint on the environmental sustainability of the BIMSTEC region and explores potential solutions to encourage more eco-friendly tourism. The results indicate that renewable energy, economic growth, and the development of the transportation sector have a positive influence on the growth of the tourism industry in the region, while globalization and environmental degradation have a negative impact on tourist arrivals. Additionally, transportation services, economic growth, and tourism contribute to the carbon footprint in the region.
JOURNAL OF ENVIRONMENTAL MANAGEMENT
(2023)
Article
Thermodynamics
Feng Dong et al.
Summary: The concept of smart cities was proposed in the wave of New Urbanism, and China has launched smart city construction since 2012 to improve the quality of urbanization. Research shows that smart city policy significantly improves urban ecological total factor energy efficiency, with public participation and market conditions playing moderating effects. SCP functions through a two-stage mediating mechanism by promoting innovation to enhance intelligence and improve urban ETFEE.
Article
Environmental Sciences
Qianqian Dou et al.
Summary: This article explores the nonlinear impact of the digital economy on firm green innovation, revealing an inverted U-shaped relationship. It also identifies the moderating role of government quality and the heterogeneity of its effects. The findings suggest that government quality positively moderates the relationship, and the digital economy has a greater impact on promoting green innovation for state-owned, large-scale, or midwestern firms.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2022)
Article
Economics
Yu Qi et al.
Summary: This paper examines the impact of local government consumption on corporate performance in China, specifically focusing on the Three Public Consumptions (TPCs) of prefecture-level city governments. The study finds that increased government consumption leads to declines in firm productivity, with expenditures on official cars and official receptions having the most significant impact. This increase in government consumption also results in higher corporate tax burden, decreased government efficiency, excessive administrative intervention, and ultimately a decline in firm performance. These findings are particularly pronounced in non-state-owned enterprises, firms with limited financing, and regions with weak marketization and low budget transparency.
JOURNAL OF ASIAN ECONOMICS
(2022)
Article
Economics
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.
Article
Green & Sustainable Science & Technology
Liu Desheng et al.
Summary: Green technology innovation is crucial for promoting sustainable economic development. Political connections have a negative impact on firms' green technology innovations, while losing these connections may lead to increased investment in innovation. The negative impact of political relationships on green technology innovations is greater in less marketized environments.
JOURNAL OF CLEANER PRODUCTION
(2021)
Article
Green & Sustainable Science & Technology
Longwu Liang et al.
Summary: Since the Reform and Opening up, regional development gaps in China have become more prominent. While gaps between East, Center, and West have been widely discussed, North-South gaps have received less attention. The study found that both population and economic gravity centers in China have generally moved southwest, with the South-North disparities in population and economy becoming increasingly salient. Urbanization, industrialization, and market prosperity were identified as key factors influencing population density and economic growth.
JOURNAL OF CLEANER PRODUCTION
(2021)
Article
Business
Zhen Chu et al.
Summary: This study examines the impact of smart city construction on the ecological environment quality in China. Through innovation-driven approach, the smartness of cities has a significant impact on the regional environment. Findings suggest that smart city initiatives in China have successfully reduced industrial exhaust gas and industrial wastewater emissions.
TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE
(2021)
Article
Business
Shenggang Ren et al.
Summary: This study finds that environmental subsidies from the Chinese government significantly boost firms' environmental management innovation, but do not have a statistically significant impact on environmental technology innovations. There is also no statistically significant relationship between firms' environmental management innovations and environmental technology innovations. These findings are consistent across a range of robustness tests.
TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE
(2021)
Article
Construction & Building Technology
Hongli Jiang et al.
Summary: The study found that the construction of smart cities significantly improves GTFP and green technological progress in China. However, its impact on GTE is not significant, indicating that smart city construction mainly promotes GTFP through promoting GTP. Cities with larger scale, richer human capital, and higher financial development have a stronger positive effect on GTFP and GTP.
SUSTAINABLE CITIES AND SOCIETY
(2021)
Article
Business
Jiangfeng Hu et al.
TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE
(2020)
Article
Green & Sustainable Science & Technology
Yantuan Yu et al.
JOURNAL OF CLEANER PRODUCTION
(2019)
Article
Business
Andrea Caragliu et al.
TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE
(2019)
Article
Green & Sustainable Science & Technology
Ling Ling Guo et al.
JOURNAL OF CLEANER PRODUCTION
(2017)
Article
Economics
Yingying Lu et al.
Article
Green & Sustainable Science & Technology
H. Lin et al.
JOURNAL OF CLEANER PRODUCTION
(2014)
Article
Business
Jung Hoon Lee et al.
TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE
(2014)
Article
Economics
Philippe Aghion et al.
JOURNAL OF THE EUROPEAN ECONOMIC ASSOCIATION
(2012)
Article
Business, Finance
Charles J. Hadlock et al.
REVIEW OF FINANCIAL STUDIES
(2010)
Article
Economics
Petri Boeckerman et al.
Article
Economics
J Levinsohn et al.
REVIEW OF ECONOMIC STUDIES
(2003)
