Environmental Regulations, Green Technological Innovation, and Green Economy: Evidence from China

Chenggang Wang, Danli Du, Tiansen Liu (), Xiaohuan Li, Yue Zhu, Wenhui Du, Fan Xu, Mingtong Yan and Junxin Chen
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Chenggang Wang: School of Economics and Business Administration, Heilongjiang University, Harbin 150001, China
Danli Du: School of Economics and Management, Harbin Engineering University, Harbin 150006, China
Tiansen Liu: School of Economics and Management, Harbin Engineering University, Harbin 150006, China
Xiaohuan Li: Publicity Department, Harbin University, Harbin 150006, China
Yue Zhu: School of Economics and Business Administration, Heilongjiang University, Harbin 150001, China
Wenhui Du: School of Economics and Business Administration, Heilongjiang University, Harbin 150001, China
Fan Xu: School of Economics and Business Administration, Heilongjiang University, Harbin 150001, China
Mingtong Yan: School of Economics and Business Administration, Heilongjiang University, Harbin 150001, China
Junxin Chen: School of Economics and Business Administration, Heilongjiang University, Harbin 150001, China

Sustainability, 2024, vol. 16, issue 13, 1-23

Abstract: With the advancement of the green economy, the influence of the environmental regulations on green technological innovation and the green economy is increasingly expanding. This paper investigates the impact of the environmental regulations and corporate green technological innovation on the green economy. We hope to explore how the environmental regulations affect the green economy through corporate green innovation. Thus, the research aims to enhance our understanding of the impact of the environmental regulations on the green economy. By incorporating the fixed-effects models, mediation models, spatial models, and regression analysis, this paper unveils the impact process of the environmental regulations on the green economy. The research findings are as follows: (1) The environmental regulations show the direct capacity to facilitate the elevation of the green economy. (2) Through the mediating variable of corporate green technological innovation, the environmental regulations could indirectly enhance the green economy. (3) Significant spatial correlations exist between the environmental regulations and corporate green technological innovation activities across the different regions in China. (4) Substantial disparities are evident in the relationships among the environmental regulations, green technological innovation, and the green economy across the various regions in China. The findings presented in this paper serve to broaden the scope of research on the relationship between the environmental regulations and the green economy. Moreover, it offers essential insights for the relevant government authorities and businesses in formulating management policies.

Keywords: environmental regulations; green technology innovation; green economy; threshold effect (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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