The Heterogeneous Relationship between Pollution Charges and Enterprise Green Technology Innovation, Based on the Data of Chinese Industrial Enterprises

Mingyue Wang, Yingming Li, Zitong Wang and Junqiang Li
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Mingyue Wang: Institutes of Science and Development, Chinese Academy of Sciences, No. 15, Zhongguancun Beiyitiao, Haidian District, Beijing 100190, China
Yingming Li: Institutes of Science and Development, Chinese Academy of Sciences, No. 15, Zhongguancun Beiyitiao, Haidian District, Beijing 100190, China
Zitong Wang: Institutes of Science and Development, Chinese Academy of Sciences, No. 15, Zhongguancun Beiyitiao, Haidian District, Beijing 100190, China
Junqiang Li: School of Economics and Management, Tongji University, Tongji Building A, Siping Road 1500, Yangpu District, Shanghai 200092, China

Energies, 2022, vol. 15, issue 5, 1-20

Abstract: Enterprises’ green technology innovation is critical to achieving the “win-win” of enterprise competitiveness and environmental protection. The impact of environmental regulation on green technology innovation by enterprises has been widely considered, but the conclusion has not yet been determined, and needs to be studied in detail. To this end, we studied the impact of pollution charge policy on different types of green technology innovation by industrial enterprises in China. We found that (1) the impact of pollution charges on most types of green technology innovation by enterprises has increased significantly over time; (2) the pollution charge policy has a certain inhibition effect on the end-of-pipe technology innovation, but can promote the process improvement of reducing industrial wastewater emissions; (3) there is a U -shaped relationship between the pollution charges and some green technological innovation (e.g., emission intensity of SO 2 , industrial wastewater emission intensity, and industrial wastewater removal intensity), which is dynamically adjusted over time; and (4) the larger the enterprise’s solid assets, the faster the asset depreciation will inhibit the enterprise from adopting the green process innovation strategy.

Keywords: pollution charges; green technology innovation; industrial enterprise; heterogeneity analysis (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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