Do specialized courts matter? Environmental judiciary and corporate emissions in China

IF 9.3 2区 经济学 Q1 ECONOMICS
Lisha Wang , Minjie Pan , Xinlei Qian , Kangjuan Lv
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引用次数: 0

Abstract

Strengthening the legal system is an effective guarantee for realizing ecological civilization. The establishment of environmental courts aims to enhance environmental judicial efficiency, thereby promoting low-carbon transformation. With aggregate firm-level data from the Annual Survey of Industrial Firms data set and Environmental Statistics Reporting database from 2005 to 2013, this paper employs a staggered difference-in-differences approach to investigate the pollution reduction impact of environmental court. We find that environmental courts play a significant role in facilitating the reduction of corporate pollution emissions. This study reveals that the strengthening of environmental judiciary exerts its influence through three primary channels: intensifying environmental administrative law enforcement, promoting corporate innovation, and increasing governmental environmental attention. Furthermore, the emission reduction effect of environmental courts is more significant in cities with higher environmental information transparency, non-key environmental protection cities, and labor-intensive enterprises. In addition, the effect of environmental judiciary may spill over to nearby non-environmental courts cities due to spatial policy diffusion. This paper supports the strategy of orderly advancing the construction of a beautiful China through strengthening environmental legislation and judicial measures.
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来源期刊
Energy Policy
Energy Policy 管理科学-环境科学
CiteScore
17.30
自引率
5.60%
发文量
540
审稿时长
7.9 months
期刊介绍: Energy policy is the manner in which a given entity (often governmental) has decided to address issues of energy development including energy conversion, distribution and use as well as reduction of greenhouse gas emissions in order to contribute to climate change mitigation. The attributes of energy policy may include legislation, international treaties, incentives to investment, guidelines for energy conservation, taxation and other public policy techniques. Energy policy is closely related to climate change policy because totalled worldwide the energy sector emits more greenhouse gas than other sectors.
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