Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022)

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

A Quasi-natural Experiment Based on China’s Shenzhen-Dongguan-Huizhou Economic Circle

Authors
Dawei Huang1, 2, *
1School of Management, Shenzhen Polytechnic, Shenzhen, 518055, China
2School of Economics and Management, Harbin Institute of Technology Shenzhen, Shenzhen, 518055, China
*Corresponding author. Email: hdw@szpt.edu.cn
Corresponding Author
Dawei Huang
Available Online 27 December 2022.
DOI
10.2991/978-94-6463-052-7_112How to use a DOI?
Keywords
Integration of environmental protection policy (IEPP); Shenzhen-Dongguan-Huizhou economic circle (SDHEC); Industrial chain; difference-in-differences (DID); green innovation; listed companies
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.

Copyright
© 2022 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
27 December 2022
ISBN
10.2991/978-94-6463-052-7_112
ISSN
2352-5428
DOI
10.2991/978-94-6463-052-7_112How to use a DOI?
Copyright
© 2022 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Dawei Huang
PY  - 2022
DA  - 2022/12/27
TI  - The Impact of Integration of Environmental Protection Policy on FIRM’s Green Innovation
BT  - Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022)
PB  - Atlantis Press
SP  - 985
EP  - 994
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-052-7_112
DO  - 10.2991/978-94-6463-052-7_112
ID  - Huang2022
ER  -