Kesidou, E orcid.org/0000-0002-5729-8624 and Wu, L (2020) Stringency of environmental regulation and eco-innovation: Evidence from the eleventh Five-Year Plan and green patents. Economics Letters, 190. 109090. ISSN 0165-1765
Abstract
Using the variation in pollution reduction targets across provinces and time variations (before and after the eleventh Five-Year Plan), we examine the impact of stricter environmental regulation upon the production of green patents by firms in China. We find that Chinese manufacturing firms, located in provinces with stricter pollution targets, produced a higher volume and intensity of green patents. Our results suggest that stricter environmental regulatory frameworks in emerging economies are not only combating pollution, but also shifting the innovation activities of manufacturing firms towards building a stock of knowledge in environmental protection. This process, undoubtedly, has the potential to generate disruptive eco-innovations.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2020 Elsevier B.V. All rights reserved. This is an author produced version of an article published in Economics Letters. Uploaded in accordance with the publisher's self-archiving policy. |
Keywords: | Environmental regulation; Eco-innovation; Green patents; Difference-in-differences |
Dates: |
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Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Business (Leeds) > Economics Division (LUBS) (Leeds) |
Depositing User: | Symplectic Publications |
Date Deposited: | 17 Mar 2020 15:04 |
Last Modified: | 19 Sep 2021 00:38 |
Status: | Published |
Publisher: | Elsevier |
Identification Number: | 10.1016/j.econlet.2020.109090 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:158465 |
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