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Can Environmental Regulations Improve the Green Performance of Industrial Enterprises' Technological Learning in China?〖HJ*2〗〖HJ〗 |
Yu Bo, Wang Wenxi |
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Abstract The Porter hypothesis has triggered a large number of empirical studies on the impact of environmental regulations on enterprises' technological innovation. This paper investigate the effect of environmental regulations from a new perspective that we study the moderating effect of different types of environmental regulations (commandandcontrol and marketbased regulations) on the green performance of different technological learning patterns by building an environmental learning curve model, based on the panel data from China's industrial enterprises over 2001-2016. The results show that the commandandcontrol regulations provide stronger incentives for improving the green performance of enterprises' technological leaning than marketbased regulations. Moreover, only the green performance of enterprises' learningbyresearching can be improved by the commandandcontrol regulations among three technological leaning patterns analyzed. In addition, the nonlinear moderating effect of these two types of environmental regulations are insignificant. These findings yields important implications for reasonably designing and choosing different types of environmental regulations to encourage enterprises' technological learning and reduce air pollutants emissions.
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