Peer effect on low-carbon practices of firms along the value chain: Evidence from China

Xuemei Jiang, Xinyang Zhang and Yan Xia

Energy Economics, 2023, vol. 127, issue PA

Abstract: A significant number of papers have found that the behavior and actions of firms are directly related to their peers and surrounding conditions. However, the spillover effects in low-carbon practices, especially the mimicry of firms on low-carbon practices from their peers in upstream and downstream industries along the value chain are barely discussed in the literature. In this paper, we extend the research on peer effect to the convergence of peers in the upstream and downstream industries, explore the spillover effects and mechanism of low-carbon practices among firms along the entire value chain, and further explore whether the degree of environmental regulation influences the peer effect.

Keywords: Peer effect; Value chain; Low-carbon practices (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:eneeco:v:127:y:2023:i:pa:s014098832300600x

DOI: 10.1016/j.eneco.2023.107102

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