企业创新的迷雾

ERN: Other Econometrics: Applied Econometric Modeling in Microeconomics - Microeconometric Models of the Environment (Topic) Pub Date : 2020-01-04 DOI:10.2139/ssrn.3610439

Xuechen Gao, Jinbo Luo

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引用次数: 0

摘要

本研究探讨空气污染对企业创新的影响。利用卫星生成的2000-2015年中国390个城市颗粒物2.5浓度数据，我们发现一个地区的严重空气污染(雾霾污染)可能会恶化该地区企业的创新绩效。我们的结果对不同的空气污染和创新措施都是稳健的。我们采用一个工具变量的方法来减轻潜在的内生性问题。此外，我们确定了两种可能的机制，即资金可用性降低和创新人才流失，来解释空气污染对创新的负面影响。

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The Mist of Corporate Innovation

This study investigates the impact of air pollution on corporate innovation. Using the satellite generated Particulate Matter 2.5 concentration data in 390 cities in China over the period of 2000-2015, we find that severe air pollution (haze pollution) in a region may deteriorate the innovative performance of companies in the same region. Our results are robust to different air pollution and innovation measures. We employ an instrument variable approach to alleviate potential endogeneity concerns. In addition, we identify two possible mechanisms, reduced funds availability and loss of innovative talents, to explain the negative impact of air pollution on innovation.

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ERN: Other Econometrics: Applied Econometric Modeling in Microeconomics - Microeconometric Models of the Environment (Topic)

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