{"title":"环境判定与企业的绿色技术创新:波特假说再探","authors":"Lei Han , Zijun Xiao , Yongze Yu","doi":"10.1016/j.asieco.2023.101693","DOIUrl":null,"url":null,"abstract":"<div><p>The existing research on the judicial system as the subject of environmental regulation has largely ignored in the Porter Hypothesis. Using the establishment of the environmental court in China, we construct the time-varying difference-in-differences model and use it to examines the rationality of the Porter Hypothesis. The main findings of this study are as follows: (1) as an effective form of environmental regulation, environmental courts significantly improve the level of enterprises’ green technology innovation, which demonstrates the Porter hypothesis positively in China; (2) the establishment of environmental courts can effectively enhance the quality of green technology innovation, and the effect is more significant amongst non-state enterprises and heavily polluting enterprises; (3) The possible mechanisms for the effect of environmental courts on enterprises’ green technology innovation are further verified, including enhancing the environmental attention from government and green financial support from the market. Through the findings of this study, we are able to uncover the effects of environmental judicature on enterprises’ green technology innovation and provide a practical foundation for the development of environmental judicature specialisation.</p></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"91 ","pages":"Article 101693"},"PeriodicalIF":2.9000,"publicationDate":"2023-12-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Environmental judicature and enterprises’ green technology innovation: A revisit of the porter hypothesis\",\"authors\":\"Lei Han , Zijun Xiao , Yongze Yu\",\"doi\":\"10.1016/j.asieco.2023.101693\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><p>The existing research on the judicial system as the subject of environmental regulation has largely ignored in the Porter Hypothesis. Using the establishment of the environmental court in China, we construct the time-varying difference-in-differences model and use it to examines the rationality of the Porter Hypothesis. The main findings of this study are as follows: (1) as an effective form of environmental regulation, environmental courts significantly improve the level of enterprises’ green technology innovation, which demonstrates the Porter hypothesis positively in China; (2) the establishment of environmental courts can effectively enhance the quality of green technology innovation, and the effect is more significant amongst non-state enterprises and heavily polluting enterprises; (3) The possible mechanisms for the effect of environmental courts on enterprises’ green technology innovation are further verified, including enhancing the environmental attention from government and green financial support from the market. Through the findings of this study, we are able to uncover the effects of environmental judicature on enterprises’ green technology innovation and provide a practical foundation for the development of environmental judicature specialisation.</p></div>\",\"PeriodicalId\":47583,\"journal\":{\"name\":\"Journal of Asian Economics\",\"volume\":\"91 \",\"pages\":\"Article 101693\"},\"PeriodicalIF\":2.9000,\"publicationDate\":\"2023-12-14\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Journal of Asian Economics\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S1049007823001136\",\"RegionNum\":3,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Asian Economics","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1049007823001136","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
Environmental judicature and enterprises’ green technology innovation: A revisit of the porter hypothesis
The existing research on the judicial system as the subject of environmental regulation has largely ignored in the Porter Hypothesis. Using the establishment of the environmental court in China, we construct the time-varying difference-in-differences model and use it to examines the rationality of the Porter Hypothesis. The main findings of this study are as follows: (1) as an effective form of environmental regulation, environmental courts significantly improve the level of enterprises’ green technology innovation, which demonstrates the Porter hypothesis positively in China; (2) the establishment of environmental courts can effectively enhance the quality of green technology innovation, and the effect is more significant amongst non-state enterprises and heavily polluting enterprises; (3) The possible mechanisms for the effect of environmental courts on enterprises’ green technology innovation are further verified, including enhancing the environmental attention from government and green financial support from the market. Through the findings of this study, we are able to uncover the effects of environmental judicature on enterprises’ green technology innovation and provide a practical foundation for the development of environmental judicature specialisation.
期刊介绍:
The Journal of Asian Economics provides a forum for publication of increasingly growing research in Asian economic studies and a unique forum for continental Asian economic studies with focus on (i) special studies in adaptive innovation paradigms in Asian economic regimes, (ii) studies relative to unique dimensions of Asian economic development paradigm, as they are investigated by researchers, (iii) comparative studies of development paradigms in other developing continents, Latin America and Africa, (iv) the emerging new pattern of comparative advantages between Asian countries and the United States and North America.