Effect of Environmental Regulation on the Transformation of Industrial Enterprises Based on DID model
Pages 29 - 33
Abstract
This paper adopts the DID method to test the impact of environmental regulation on the transformation of industrial base enterprises based on the energy saving and emission reduction target responsibility system of China's Eleventh Five-Year Plan, with China's old industrial bases as the research object. The results of the benchmark regression show that the policy hinders the transformation and development of industrial enterprises in the industrial base. The results of the event study method show that the DID method is reasonable. This paper uses the DOP decomposition method to examine the impact mechanism, and the results show that policies affect firm transformation mainly by influencing resource allocation in the industrial sector and the entry of high-productivity firms. Our study provides empirical evidence for policy formulation for the transformation and development of industrial cities in developing countries.
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December 2023
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Published: 26 March 2024
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EBIMCS 2023
EBIMCS 2023: 2023 6th International Conference on E-Business, Information Management and Computer Science
December 30 - 31, 2023
Hong Kong, Hong Kong
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