Tags

Type your tag names separated by a space and hit enter

Impacts of Environmental Regulation on the Green Transformation and Upgrading of Manufacturing Enterprises.
Int J Environ Res Public Health. 2020 10 21; 17(20)IJ

Abstract

Since environmental problems are becoming increasingly prominent, macro policies and social development have placed higher requirements on manufacturing enterprises to promote green transformation and upgrading (GTU) in China. Considering that different manufacturing enterprises choose different green technology innovation levels for GTU under environmental regulation, a game model between manufacturing enterprises and the government is constructed. The relationship between the green technology innovation level (GTIL) and the environmental regulation intensity is analyzed. Through numerical examples, the influences of environmental regulation and consumer preference on system decisions are further examined. Moreover, an econometric model is constructed to explore the influence that the environmental regulation exerts on the GTIL using panel data from the Chinese manufacturing industry. Our results show that the increase in environmental regulation intensity contributes to improving GTIL and promoting the GTU of manufacturing enterprises. Furthermore, as the environmental regulation is enhanced, the sales price decreases, benefiting consumers. Consumers' preference for high-GTIL products is conducive to GTU under environmental regulation. Empirical analysis shows that there is a U-shaped relationship between environmental regulation and the GTIL. Only when the intensity reaches a threshold can the environmental regulation be beneficial to improve the GTIL and promote the GTU of Chinese manufacturing enterprises.

Links

PMC Free PDF

Authors+Show Affiliations

Shen L
School of Public Finance and Taxation, Shandong University of Finance and Economics, Jinan 250014, China.
Fan R
School of Public Finance and Taxation, Shandong University of Finance and Economics, Jinan 250014, China.
Wang Y
School of Management Science and Engineering, Shandong University of Finance and Economics, Jinan 250014, China.
Yu Z
School of Management Science and Engineering, Shandong University of Finance and Economics, Jinan 250014, China.
Tang R
Department of Industrial and System Engineering, University of Tennessee, Knoxville, TN 37996, USA.

MeSH

ChinaCommerceGovernmentInventionsManufacturing IndustrySustainable Development

Pub Type(s)

Journal Article
Research Support, Non-U.S. Gov't

Language

eng

PubMed ID

33096741

Citation

Shen, Liang, et al. "Impacts of Environmental Regulation On the Green Transformation and Upgrading of Manufacturing Enterprises." International Journal of Environmental Research and Public Health, vol. 17, no. 20, 2020.
Shen L, Fan R, Wang Y, et al. Impacts of Environmental Regulation on the Green Transformation and Upgrading of Manufacturing Enterprises. Int J Environ Res Public Health. 2020;17(20).
Shen, L., Fan, R., Wang, Y., Yu, Z., & Tang, R. (2020). Impacts of Environmental Regulation on the Green Transformation and Upgrading of Manufacturing Enterprises. International Journal of Environmental Research and Public Health, 17(20). https://doi.org/10.3390/ijerph17207680
Shen L, et al. Impacts of Environmental Regulation On the Green Transformation and Upgrading of Manufacturing Enterprises. Int J Environ Res Public Health. 2020 10 21;17(20) PubMed PMID: 33096741.
* Article titles in AMA citation format should be in sentence-case
TY - JOUR T1 - Impacts of Environmental Regulation on the Green Transformation and Upgrading of Manufacturing Enterprises. AU - Shen,Liang, AU - Fan,Runjie, AU - Wang,Yuyan, AU - Yu,Zhaoqing, AU - Tang,Rongyun, Y1 - 2020/10/21/ PY - 2020/09/14/received PY - 2020/10/17/revised PY - 2020/10/19/accepted PY - 2020/10/24/entrez PY - 2020/10/25/pubmed PY - 2021/1/13/medline KW - environmental regulation KW - green technology innovation level KW - green transformation and upgrading KW - manufacturing enterprises JF - International journal of environmental research and public health JO - Int J Environ Res Public Health VL - 17 IS - 20 N2 - Since environmental problems are becoming increasingly prominent, macro policies and social development have placed higher requirements on manufacturing enterprises to promote green transformation and upgrading (GTU) in China. Considering that different manufacturing enterprises choose different green technology innovation levels for GTU under environmental regulation, a game model between manufacturing enterprises and the government is constructed. The relationship between the green technology innovation level (GTIL) and the environmental regulation intensity is analyzed. Through numerical examples, the influences of environmental regulation and consumer preference on system decisions are further examined. Moreover, an econometric model is constructed to explore the influence that the environmental regulation exerts on the GTIL using panel data from the Chinese manufacturing industry. Our results show that the increase in environmental regulation intensity contributes to improving GTIL and promoting the GTU of manufacturing enterprises. Furthermore, as the environmental regulation is enhanced, the sales price decreases, benefiting consumers. Consumers' preference for high-GTIL products is conducive to GTU under environmental regulation. Empirical analysis shows that there is a U-shaped relationship between environmental regulation and the GTIL. Only when the intensity reaches a threshold can the environmental regulation be beneficial to improve the GTIL and promote the GTU of Chinese manufacturing enterprises. SN - 1660-4601 UR - https://www.unboundmedicine.com/medline/citation/33096741/Impacts_of_Environmental_Regulation_on_the_Green_Transformation_and_Upgrading_of_Manufacturing_Enterprises_ DB - PRIME DP - Unbound Medicine ER -