Environmental regulation and enterprise employment creation: A quasi-natural experiment based on the implementation of the new environmental protection law

Yuning Ren and Kunlun Liu

Finance Research Letters, 2024, vol. 66, issue C

Abstract: This paper empirically tests the effects of environmental regulations implemented under the new Environmental Protection Law. The findings indicate that, among heavily polluting listed companies, a quasi-natural experiment based on the new Environmental Protection Law can promote the employment creation effects of enterprises. Moreover, heterogeneity analysis suggests that this is primarily observed in state-owned enterprises and those located in the eastern part of the country. This study provides significant empirical evidence for the factors affecting enterprise employment creation and contributes a fresh perspective to the field.

Keywords: Environmental regulation; Environmental protection law; Employment creation (search for similar items in EconPapers)
Date: 2024
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:66:y:2024:i:c:s1544612324006172

DOI: 10.1016/j.frl.2024.105587

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