Industrial agglomeration, environmental regulation, and regional environmental performance: Direct and interactive effects

IF 2.5 3区经济学 Q2 ECONOMICS

Managerial and Decision Economics Pub Date : 2024-08-01 DOI:10.1002/mde.4325

Chang Qin, Di Lu, Yangfan Li

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引用次数: 0

Abstract

The contradiction between the economy and the environment becomes acute as the increasing ecological constraints. It is thus necessary to improve environmental performance and realize the economic-ecological double dividend. To achieve that, co-operative efforts are needed on both production and governance sides, particularly industrial agglomeration and environmental regulation. Based on provincial sections in China spanning 2006 to 2020, we explore the effects of industrial agglomeration and environmental regulation on environmental performance, exploiting a two-way fixed effects model. We also illustrate the potential channels and interactive effects between industrial agglomeration and environmental regulation. The results indicate an inverted U-shaped nexus between industrial agglomeration and environmental performance, while environmental regulation favors environmental performance. Green innovation, factor allocation, deepening of division of labor, and industrial structure upgrading are plausible channels. Besides, we discover the interaction between industrial agglomeration and environmental regulation, where environmental regulation reduces the inflection point of industrial agglomeration, and industrial agglomeration improves the effectiveness of environmental regulation. Our work sheds light on the synergy between production and governance sides, which offers insights into green transition for China and other newly industrialized economies.

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产业集聚、环境监管和区域环境绩效：直接效应和互动效应

随着生态制约因素的不断增加，经济与环境之间的矛盾日益尖锐。因此，有必要改善环境绩效，实现经济生态双重红利。为此，需要生产和治理两方面的共同努力，特别是产业集聚和环境监管。基于 2006 年至 2020 年中国各省的情况，我们利用双向固定效应模型，探讨了产业集聚和环境监管对环境绩效的影响。我们还说明了产业集聚与环境规制之间的潜在渠道和互动效应。结果表明，产业集聚与环境绩效之间存在倒 U 型关系，而环境规制有利于环境绩效。绿色创新、要素配置、分工深化和产业结构升级是可信的渠道。此外，我们还发现了产业集聚与环境规制之间的互动关系，即环境规制降低了产业集聚的拐点，而产业集聚提高了环境规制的有效性。我们的研究揭示了生产与治理之间的协同作用，为中国和其他新兴工业化经济体的绿色转型提供了启示。

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来源期刊

Managerial and Decision Economics Multiple-

CiteScore

1.40

自引率

18.20%

发文量

242

期刊介绍： Managerial and Decision Economics will publish articles applying economic reasoning to managerial decision-making and management strategy.Management strategy concerns practical decisions that managers face about how to compete, how to succeed, and how to organize to achieve their goals. Economic thinking and analysis provides a critical foundation for strategic decision-making across a variety of dimensions. For example, economic insights may help in determining which activities to outsource and which to perfom internally. They can help unravel questions regarding what drives performance differences among firms and what allows these differences to persist. They can contribute to an appreciation of how industries, organizations, and capabilities evolve.