The Promoting Effect of Enterprise Green Total Factor Productivity on Enterprise Green Profitability
Zhiyao Zhang ()
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Zhiyao Zhang: Whuhan University
A chapter in Proceedings of the 2026 11th International Conference on Social Sciences and Economic Development (ICSSED 2026), 2026, pp 520-527 from Springer
Abstract:
Abstract Against the backdrop of global warming and advancement of carbon peaking and carbon neutrality goals, green total factor productivity (GTFP) serves as a core metric for measuring the efficiency of green transition. Its impact on corporate profitability represents a pivotal issue in the synergy between green development and microeconomics. This study employs a two-way fixed effects model, utilizing a sample of Chinese A-share listed companies from 2010 to 2024, to empirically examine the influence of GTFP on corporate profit margins and its heterogeneous characteristics. Findings reveal: GTFP enhancement significantly stimulates growth in corporate net profit margins. It offers reference value for differentiated approaches to advancing corporate green transition and optimizing policies that synergies environmental and economic objectives.
Keywords: profit margins; GTFP; OLS (search for similar items in EconPapers)
Date: 2026
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6239-701-9_53
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DOI: 10.2991/978-94-6239-701-9_53
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