Study on the Impact of Free Trade Zone Establishment on Enterprises’ Green Total Factor Productivity

Yixuan Wang ()
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Yixuan Wang: Xi’an Jiaotong University

A chapter in Proceedings of the 2026 11th International Conference on Financial Innovation and Economic Development (ICFIED 2026), 2026, pp 624-630 from Springer

Abstract: Abstract This study systematically investigates the impact of Free Trade Zone (FTZ) establishment on corporate green total factor productivity (GTFP). The analysis utilizes a sample of China’s A-share listed companies from 2000 to 2024. The analysis utilizes a sample of China’s A-share listed companies from 2000 to 2024. We treat the phased establishment of Free Trade Zone as a quasi-natural experiment and employ a multi-period difference-in-differences model for empirical analysis. The findings reveal that the establishment of Free Trade Zone significantly enhances firms’ green total factor productivity. This study’s conclusions offer empirical insights for deepening green institutional innovation, implementing differentiated environmental governance, and promoting coordinated regional green development within Free Trade Zone. It also provides evidence-based support for integrating high-level opening-up with the achievement of China’s dual carbon goals.

Keywords: Free Trade Zone; Green Total Factor Productivity; Difference-in-Differences Model; Policy Effect (search for similar items in EconPapers)
Date: 2026
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6239-642-5_61

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DOI: 10.2991/978-94-6239-642-5_61

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