Less financial constraints, more clean production? New evidence from China

被引：33

作者：

Zhang, Dongyang ^{[1
]}

Zheng, Wenping ^{[2
]}

机构：

[1] Capital Univ Econ & Business, Sch Econ, Beijing, Peoples R China

[2] Univ Int Business & Econ, Sch Int Trade & Econ, Beijing, Peoples R China

来源：

ECONOMICS LETTERS | 2019年 / 175卷

基金：

中国国家自然科学基金;

关键词：

Pollution abatement; Financial constrains; Ownership discrimination; TRADE; COMPETITION; ABATEMENT; FIRMS;

D O I：

10.1016/j.econlet.2018.12.032

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper explores the effects of financial constraints on pollution abatement at firm level in China. By using a novel matched data contains rich financing information and air pollution protection variables, we find financial constraints hinder air pollution abatement significantly, whereas state-owned factor can alleviate financial constraints through external financial resources and better support pollution expense than privately and foreign owned firms. (C) 2019 Elsevier B.V. All rights reserved.

引用

页码：80 / 83

页数：4

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