摘要
文章运用2010—2020年上市A股制造业企业的数据,首先探讨了环境规制对于制造业企业绿色转型的影响,其次探讨了研发投入对制造业企业绿色转型的门槛效应,最后探讨了环境规制影响制造业企业的绿色转型的中介效用。研究发现:环境规制对制造业企业的绿色转型的影响呈现出U型结构,即环境规制对于制造业企业的绿色转型呈现出先抑制后促进的状态,这一结论经过稳健性检验之后仍然成立。门槛效应显示随着研发投入的增加,环境规制对制造业企业的绿色转型呈现出先抑制后促进的特征。中介效应的检验结果显示环境规制通过技术创新影响制造业企业绿色转型。异质性分析表明,环境规制对于国企和非国企,东部和中西部地区的制造业企业的绿色转型仍然呈现出U型特征,即呈现出先抑制后促进的状况,但是其所规制的程度有所不同。基于此,文章提出应该根据企业的性质和地区的不同实行差异化的政策,增加企业的研发投入,促进制造业企业的绿色转型。
This paper analyzes data from A-share listed manufacturing enterprises from 2010 to 2020 to explore the impact of environmental regulation on the green transformation of these enterprises.The study first examines the direct effects of environmental regulation,then investigates the threshold effect of R&D investment on green transformation,and finally analyzes the mediating role of environmental regulation through technological innovation.The findings indicate that the impact of environmental regulations on the green transformation of manufacturing enterprises follows a U-shaped pattern,where regulations initially hinder and subsequently promote green transformation.This conclusion remains robust after various robustness tests.The threshold analysis reveals that as R&D investment increases,the influence of environmental regulation on green transformation initially suppresses and then enhances these efforts.The mediation analysis demonstrates that environmental regulation facilitates the green transformation of manufacturing enterprises primarily through technological innovation.Furthermore,a heterogeneity analysis reveals that this U-shaped dynamic is consistent across both state-owned and non-state-owned enterprises,as well as in different geographical regions such as the eastern,central,and western parts of the country,although the intensity of regulation varies.Based on these findings,the paper recommends the implementation of differentiated policies tailored to the specific characteristics of enterprises and their regional contexts to boost R&D investment and promote the green transformation of manufacturing enterprises.
作者
徐笛
敬莉
Xu Di;Jing Li(School of Economics,Xinjiang University of Finance and Economics,Urumqi,Xinjiang 830012,China)
出处
《西部经济管理论坛》
2024年第3期84-96,共13页
West Forum on Economy and Management
基金
新疆社科基金一般项目(2023BYJ028)。
关键词
企业绿色化转型
环境规制
门槛效应
中介效应
制造业
enterprise green transformation
environmental regulation
threshold effect
intermediary effect
manufacturing industry
