Does the porter hypothesis work well in the emission trading schema pilot? Exploring moderating effects of institutional settings

被引：80

作者：

Jin, Chenfei ^{[1
]}

Tsai, Fu-Sheng ^{[2
,3
,4
]}

Gu, Qiuyang ^{[5
]}

Wu, Bao ^{[5
]}

机构：

[1] Zhejiang Univ Technol, China Inst Small & Medium Enterprises, Hangzhou, Peoples R China

[2] Cheng Shiu Univ, Dept Business Adm, Kaohsiung, Taiwan

[3] Cheng Shiu Univ, Ctr Environm Toxin & Emerging Contaminant Res, Kaohsiung, Taiwan

[4] Cheng Shiu Univ, Super Micro Mass Res & Technol Ctr, Kaohsiung, Taiwan

[5] Zhejiang Univ Technol, Sch Management, Hangzhou, Peoples R China

来源：

RESEARCH IN INTERNATIONAL BUSINESS AND FINANCE | 2022年 / 62卷

关键词：

Environmental regulation; Industrial innovation; Institutional setting; Emission trading schema; RESEARCH-AND-DEVELOPMENT; ENVIRONMENTAL-REGULATION; STRUCTURAL ECONOMICS; TECHNOLOGICAL-CHANGE; INNOVATION EVIDENCE; INDUSTRIAL-POLICY; ECO-INNOVATION; COMPETITIVENESS; PERFORMANCE; IMPACT;

D O I：

10.1016/j.ribaf.2022.101732

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

Using a dataset of Chinese private firms from 2002 to 2014, this study examines the impact of China's SO2 emission trading schema pilot on industrial innovation. In particular, this study explores the moderating effects of institutional settings from the perspective of new structural economics. Our finding shows positive support for the Porter Hypothesis (Porter and Linde, 1995), demonstrating that institutional regulation may enhance its impact on industrial inno-vation. Furthermore, both regulatory system and regulation enforcement may positively mod-erate the policy effect of emission trading schema on industrial innovation. Our findings indicate that market-oriented environmental regulation should be enforced in the aid of institutional settings.

引用

页数：17

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