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- Title
环境规制趋紧、研发投入增加与 地区经济均衡发展.
- Authors
李启平; 陈丽楠
- Abstract
The policy effects of the environmental protection fee reform have been increasingly valued by the academic community. Based on China's 30 provincial dynamic panel data from 2008 to 2017, this paper uses the system generalized moment estimation method to test the policy effects of the tightening environmental regulations. Empirical results show that: first, the tightening environmental regulations have positively promoted the economic development by increasing R&D investment and improving production technology. Second, R&D investment increases enterprises' costs in the short term, squeezes investment in production factors and curbs the economic development. However, in the long run, it improves the environmental protection technology, reduces tax costs, increases production efficiency and promotes the economic development. Third, with the strengthening of the environmental regulations, economic entities continue to increase R&D investment, which has an additive effect on the regional economic growth, thereby promoting the balanced regional economic development. The policy implications of the study are: in view of the fact that the implementation of the environmental protection fee reform increases the costs of enterprises in the short term, the government can design a compensation mechanism at the policy level to encourage enterprises to invest in R&D, so that enterprises can adapt to the intensity of environmental regulations more quickly; at the operational level, the government should consider the regional differences among the eastern, central and western regions and formulate differentiated environmental regulation strategies, avoiding the old path of “pollution first, governance later” in the eastern region and achieving the balanced economic development.
- Subjects
CHINA; ECONOMIC expansion; ENVIRONMENTAL protection; ENVIRONMENTAL regulations; ECONOMIC impact; FACTORS of production; REGIONAL differences; ECOLOGICAL modernization
- Publication
Journal of Changzhou University (Social Science Edition), 2020, Vol 21, Issue 3, p37
- ISSN
2095-042X
- Publication type
Article
- DOI
10.3969/j.issn.2095-042X.2020.03.005