The Impact of Integration of Environmental Protection Policy on FIRM’s Green Innovation

Dawei Huang ()
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Dawei Huang: Shenzhen Polytechnic, School of Management

A chapter in Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022), 2022, pp 985-994 from Springer

Abstract: Abstract Based on the characteristic data, green patent data, and industrial chain connection data of China’s A-share listed companies from 2006 to 2019, for the first time, we use the multi-dimensional fixed-effect difference-in-differences (DID) model to empirically examine the impact and mechanism of the integration of environmental protection policy (IEPP)-Shenzhen-Dongguan-Huizhou economic circle (SDHEC) on corporate green innovation from the perspective of industrial chain linkages. Our research found that, IEPP-SDHEC implementation has a positive impact on green innovation of listed companies in the jurisdiction. In addition, we use the industry chain forward link production length and position index to investigate its mechanism. It proves that the climbing effect of the industrial chain is an important mechanism for IEPP-SDHEC to enhance the green innovation of enterprises.

Keywords: Integration of environmental protection policy (IEPP); Shenzhen-Dongguan-Huizhou economic circle (SDHEC); Industrial chain; difference-in-differences (DID); green innovation; listed companies (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-052-7_112

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DOI: 10.2991/978-94-6463-052-7_112

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