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Does environmental regulation affect the export competitiveness of Chinese firms?
Chen, Xing1; He, Jiaxin2; Qiao, Lei3
2022-09-01
Source PublicationJOURNAL OF ENVIRONMENTAL MANAGEMENT
ISSN0301-4797
Volume317Pages:12
Corresponding AuthorQiao, Lei(qiaoleix@126.com)
AbstractStrict environmental governance urges firms to implement higher sustainable production requirements and environmental standards for export products, making it challenging for firms to maintain export competitiveness. This study constructs firm-product level markups as the measure of export competitiveness using microdata of millions of observations from Chinese industrial firms. It then empirically investigates the impact of environmental regulations on those firms' export competitiveness. The empirical study finds: 1) environmental regulations have significantly increased the markups of Chinese firms' export products, indicating that firms' export competitiveness is enhanced, verifying the validity of the Porter Hypothesis. 2) Environmental regulations have a greater effect on increasing the markups of non-core products than that of core products. 3) Environmental regulations have significantly increased the markups for private-owned firms, foreign-invested firms, and firms in the eastern region, but not for state-owned and non-eastern firms. 4) Environmental regulation mainly enhances firms' export competitiveness mainly through the TFP channel. Moreover, a series of robustness tests support the empirical results. This research recognizes the positive achievements and benefits of China's environmental governance. It recommends that the Chinese government strengthen the supervision of state-owned enterprises and help enterprises in economically underdeveloped areas overcome the challenges brought by environmental regulation.
KeywordEnvironmental regulation Export competitiveness Markups
DOI10.1016/j.jenvman.2022.115199
WOS KeywordRESEARCH-AND-DEVELOPMENT ; PRODUCTIVITY EVIDENCE ; PORTER HYPOTHESIS ; TECHNOLOGICAL-INNOVATION ; EMPIRICAL-EVIDENCE ; GREEN ; MARKUPS ; PERFORMANCE ; ENTERPRISES ; POLICIES
Indexed BySCI
Language英语
Funding ProjectFundamental Research Funds for the Central Universities[DUT21RC (3) 111] ; National Natural Science Foundation of China[71874021] ; National Natural Science Foundation of China[71974024] ; National Natural Science Foundation of China[71974024]
WOS Research AreaEnvironmental Sciences & Ecology
Funding OrganizationFundamental Research Funds for the Central Universities ; National Natural Science Foundation of China ; National Natural Science Foundation of China
WOS SubjectEnvironmental Sciences
WOS IDWOS:000809984400004
PublisherACADEMIC PRESS LTD- ELSEVIER SCIENCE LTD
Citation statistics
Cited Times:26[WOS]   [WOS Record]     [Related Records in WOS]
Document Type期刊论文
Identifierhttp://ir.giec.ac.cn/handle/344007/36887
Collection中国科学院广州能源研究所
Corresponding AuthorQiao, Lei
Affiliation1.Dalian Univ Technol, Inst Carbon Peak & Neutral, Sch Econ & Management, Dalian 116024, Liaoning, Peoples R China
2.Chinese Acad Sci, Guangzhou Inst Energy Convers, Guangzhou 510650, Guangdong, Peoples R China
3.Xiamen Univ, Sch Econ, Dept Int Econ & Business, Xiamen 361005, Fujian, Peoples R China
Recommended Citation
GB/T 7714
Chen, Xing,He, Jiaxin,Qiao, Lei. Does environmental regulation affect the export competitiveness of Chinese firms?[J]. JOURNAL OF ENVIRONMENTAL MANAGEMENT,2022,317:12.
APA Chen, Xing,He, Jiaxin,&Qiao, Lei.(2022).Does environmental regulation affect the export competitiveness of Chinese firms?.JOURNAL OF ENVIRONMENTAL MANAGEMENT,317,12.
MLA Chen, Xing,et al."Does environmental regulation affect the export competitiveness of Chinese firms?".JOURNAL OF ENVIRONMENTAL MANAGEMENT 317(2022):12.
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