Government certified environmental labels and trade credit: Evidence from green factories

IF 2.1 4区经济学 Q2 ECONOMICS

Economics Letters Pub Date : 2024-10-05 DOI:10.1016/j.econlet.2024.112008

Panni Li , Shouyu Yao , Lin Fan , Shihao Yin , Huibin Du

引用次数: 0

Abstract

Using novel data from a manually collected green factory list, our results show government-certified labels significantly enhance trade credits by reducing information asymmetry. Heterogeneity analysis reveals stronger effects in highly monopolized, low-reputation markets, where green certification provides a competitive advantage.

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政府认证的环境标签和贸易信贷：来自绿色工厂的证据

利用人工收集的绿色工厂名单中的新数据，我们的研究结果表明，政府认证标签通过减少信息不对称显著提高了贸易信用。异质性分析表明，在高度垄断、低声誉的市场中，绿色认证能提供竞争优势，从而产生更强的效果。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Economics Letters ECONOMICS-

CiteScore

3.20

自引率

5.00%

发文量

348

审稿时长

30 days

期刊介绍： Many economists today are concerned by the proliferation of journals and the concomitant labyrinth of research to be conquered in order to reach the specific information they require. To combat this tendency, Economics Letters has been conceived and designed outside the realm of the traditional economics journal. As a Letters Journal, it consists of concise communications (letters) that provide a means of rapid and efficient dissemination of new results, models and methods in all fields of economic research.