The Economic Consequences of Environmental Regulation in China: From a Perspective of the Environmental Protection Admonishing Talk Policy(ESI高被引论文)

The Economic Consequences of Environmental Regulation in China: From a Perspective of the Environmental Protection Admonishing Talk Policy(ESI高被引论文)
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The Economic Consequences of Environmental Regulation in China: From a Perspective of the Environmental Protection Admonishing Talk Policy

DOI:
10.1002/bse.2464
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发表时间:
2020
影响因子:
13.4
通讯作者:
Shao Shuai
Shao Shuai
中科院分区:
管理学2区
文献类型:
--
作者:
Tian Zhihua;Tian Yanfang;Chen Yang;Shao Shuai

文献摘要

被引文献

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环境管制可能导致不希望的经济后果。近年来,中国收紧了环境政策以应对严重的环境污染,但现有的研究很少关注中国环境政策的经济后果。本文利用2003 - 2016年中国211个地级以上城市的面板数据,首次对中国新实施的环境规制政策--环境保护劝导政策(EPAT)的经济影响进行了测算。我们使用差异中的差异策略来识别EPAT政策的经济影响,并结合倾向得分匹配方法来控制潜在的选择问题。结果表明,实施EPAT后,目标城市的人均GDP相对下降,且对第二产业的负面影响大于第三产业。此外,我们发现,目标城市通过限制工业企业生产活动的一刀切方法来响应上级部门的环保要求。同时,EPAT政策并没有提高环境效率。这些研究结果对于在制定和实施新的环境政策时需要权衡经济福利和环境质量的决策者具有指导意义。
Environmental regulation may lead to undesired economic consequences. China has tightened its environmental policies to deal with severe environmental pollution in recent years, but existing studies pay little attention to the economic consequences of China's environmental policies. Using the panel data of 211 prefecture‐level and above cities in China from 2003 to 2016, we for the first time estimate the economic impact of the environmental protection admonishing talk (EPAT) policy, a newly implemented environmental regulation policy in China. We use the difference‐in‐differences strategy to identify the economic effects of the EPAT policy combined with the propensity score matching method to control a potential selection problem. The results show that a relative decline occurs in gross domestic product per capita in target cities after the implementation of the EPAT, and the negative impact is exerted on the secondary industry rather than the tertiary industry. Furthermore, we find that target cities respond to the environmental protection requirements of higher authorities through a one‐size‐fits‐all approach of limiting the production activities of industrial enterprises. Meanwhile, the EPAT policy does not improve environmental efficiency. Such findings are instructive for policymakers who need to trade off economic welfare and environmental quality when formulating and implementing new environmental policies.