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| Whether Informal Environmental Regulation Can Promote Industrial Enterprise R&D |
| Shen Hongliang ,Jin Da |
| (School of Economics ,Capital University of Economics and Business,Beijing 100070,China) |
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Abstract In the face of environmental governance and industrial development,informal environmental regulation has opened up a new path.Based on the panel data of 30 provinces and cities from 2007 to 2016,informal regulation,cash flow and operating efficiency were selected as threshold variables on the basis of distinguishing R&D input from R&D outputs.The non-linear relationship between informal regulation and industrial R&D was studied with the threshold panel model.The results show that informal regulation on input and achievement of industrial R&D has a single threshold effect.The effect of informal environmental regulation on R&D input and R&D results is also affected by the cash flow and operating efficiency of industrial enterprises.When researching the impact of informal environmental regulations on R&D investment,there is a single threshold for cash flow and a double threshold for operating efficiency.There is a single threshold for cash flow and operating efficiency When researching the impact of informal environmental regulations on R&D results.
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Received: 07 May 2019
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